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United States
Virginia Transformer Considers $6 Billion Sale
Transformers and power transmission lines.Virginia Transformer Corp. is exploring a sale that could value the US transformer manufacturer at more than $6 billio…
South Korea
Korea’s Nuclear Energy Exports Surge to Record 32 Trillion Won in 2023
Shin Hanul No. 1 and 2 reactors in UljinKorea's exports in the nuclear energy sector reached a record high of 32 trillion won ($21.9 billion) in 2023, data …
Oil Price
Price of Azerbaijani Oil Takes Nosedive
The price of Azerbaijan’s Azeri Light crude oil on a CIF basis in the Italian port of Augusta decreased by 91 cents on January 8 compared to the previous …
Photovoltaic (PV)
Vertical Rooftop PV Performs Better Than Conventional Rooftop Solar Under the Snow
Vertical panels in snowVertical rooftop solar panels outperform conventional systems during snowy months, Norway’s Over Easy Solar has found. The company,…
Nuclear Technology
NTPC Incorporates Subsidiary to Explore Nuclear Energy Business
NTPC announced that it has incorporated NTPC Parmanu Urja Nigam (NPUNL) as wholly owned subsidiary (WOS) of the company for undertaking nuclear energy business.…
Photovoltaic (PV)
China’s Integrated Solar Power, Hydrogen and Energy Storage Project Connects to Grid
Hengtong Group announced today, on January 7, 2025, that this development marks the launch of China’s first PV project aimed at ecological remediation of tidal…
Oil Price
Azerbaijani Oil Prices Increase
The price of Azerbaijan’s Azeri Light crude oil on a CIF basis in the Italian port of Augusta rose by $0.48 on January 6 compared to the previous rate, re…
Oil & Gas Trade
Iran, Russia May Sign Transport and Gas Cooperation Agreement - Ambassador
An agreement on transport and gas cooperation between Iran and Russia may be signed during the visit of Iranian President Masoud Pezeshkian to Russia on January…
Photovoltaic (PV)
Sekisui Chemical Launches Pilot Perovskite PV Projects in Japan
Japanese plastics manufacturer Sekisui Chemical announced it is collaborating with Japan’s Bank of Mitsubishi UFJ (MUFG Bank), a subsidiary of Mitsubishi UFJ F…
Electricity Transmission
Moldova Expects Over 60% of Its Electricity From Romania in January
Moldova will import from Romania some 62% of the electricity it needs in January for the territory controlled by the constitutional authorities (not including s…
Photovoltaic (PV)
Kinematics Acquires Spanish Solar Tracking Controller Specialist
Kinematics, a U.S.-based specialist in intelligent motion control has signed a definitive agreement to acquire P4Q, a Spanish manufacturer of electronics for so…
Oil Refinery
BUA’s 200,000bpd Oil Refinery Progressing, Not 90% Completed Yet
Emmanuel Addeh in Abuja BUA group yesterday clarified that although its 200,000 barrels per day crude oil refinery located in Akwa Ibom, South-south Nigeria, wa…
Hydropower Plant
4th International Hydropower Conference to Be Held on Jan 9
4th International Hydropower Conference 2025, hosted by Energy Update in Collaboration with Private Power Infrastructure Board (PPIB) & International Hydropower…
Hydrogen Fuel Vehicle
McPhy : Fire at the Danjoutin Bus Depot in the Territoire De Belfort
On the night of 1 to 2 January 2025, a fire broke out in the parking of the hydrogen bus depot in Danjoutin (Territoire de Belfort), where 7 hydrogen buses were…
Battery
Canadian Solar to Supply Two Texan Battery Projects
The solar and energy storage manufacturer will provide battery energy storage systems (BESS) for the Gaia and Midpoint projects as well as up to 2 GWp of solar …
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