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SMR

Rolls-Royce SMR Receives Rapturous Welcome Back Home by Mancunians

The engineering giant has confirmed Manchester will become home to its Small Modular Reactors unit.

Energy Investment

IRENA, OPEC Fund Tie Up to Advance RE Investment

The International Renewable Energy Agency (IRENA) and the OPEC Fund for International Development (OPEC Fund) to further advance investment in renewable energy.…

Nuclear Power Plant

South Korea Gov’t Plans to Support Nuclear Energy Sector Growth

It includes the reconstruction of New Hanwil nuclear plant units 3 and 4.

Japan

Vena Energy Bags $63.4M Green Loan for 26MW Solar Project in Japan

It is co-financed by the Sumitomo Mitsui Trust Bank.

Energy Investment

Record Global Energy Investment to Grow 8% To $2.4T in 2022: IEA

This is on the back of investment in renewables and grids.

Energy Storage Battery

Battery Energy Storage Investment to Climb US$20B in 2022: IEA

This is largely led by grid-scale deployment.

LNG

INEOS Energy Enters Global LNG Market With US Supply Deal

Major deal with Sempra Infrastructure will see the potential supply of 1.4mn tonnes of LNG a year from North America for 20 years.

Carbon Emissions

The World Is Failing in Both Energy Affordability and Climate Goals

Global energy investment is forecast to rise by 8 percent to $2.4 trillion this year.

Electric Car

Will Soaring Lithium Prices Spark Demand Destruction?

Lithium prices rose by over 400 percent last year and they are showing no sign of falling anytime soon.

Offshore Wind Power

A Breeze, Not a Storm: Inside Wind Power Investment

Many hoped that 2021 would be a better year for new wind investments, but reality did not meet expectations.

Offshore Wind Power

Biden, 11 U.S. States to Boost Support for Offshore Wind Energy

The Biden administration is partnering with 11 East Coast states to accelerate development of offshore wind facilities and create jobs by supporting a domestic …

Wind Turbine

Nordex Group Receives Order From OX2 for Polish Wind Farm

The Swedish wind farm developer OX2 has placed an order with the Nordex Group for the supply of 11 N149/5.X turbines for Wysoka wind farm in Poland.

Portugal

RWE Begins Construction of Solar Farm in Portugal

RWE is making progress in expanding its solar business in Europe.

Top 10 Energy Companies

These energy big-hitters are at the forefront of changing oil and gas dynamics and transition to renewable energy.

LNG

World’s Largest Hybrid Ship Set to Ferry Passengers Between Britain and France

The idea behind the hybrid ships is that they can run on liquefied natural gas (a fossil fuel), battery power or a combination of the two.