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Energy Storage Project
Grenergy Unveils Us$2.6bn Investment Plan
Grenergy has unveiled its new brand identity and a multi-billion dollar investment plan with a strong focus on energy storage.The US$2.6bn investment plan for 2…
Geothermal Drilling
Iceland Drilling and Elemental Energies Announce Geothermal Joint Venture
Elemental Energies and Iceland Drilling announce a global geothermal joint ventureElemental Energies, a specialist in subsurface, well engineering, and well man…
Photovoltaic (PV)
Victoria OKs Wind and Battery Energy Projects
The government of Victoria has approved two renewable energy projects that will benefit nearly 170,000 households.In a statement, the government said it has giv…
Solar thermal
Invenergy, Verizon Expand PPAs for Solar Power
Energy major Invenergy and telecom company Verizon are moving forward with power purchase agreements (PPAs) involving 640 MW of solar energy from projects acros…
Oil Field
Diamondback Energy Announces Midland Basin Deal
Diamondback said it has entered into a definitive purchase agreement to acquire certain subsidiaries of Double Eagle IV Midco LLC.Diamondback Energy Inc announc…
Photovoltaic (PV)
TrinaTracker Establishes 3 GW Factory in Saudi Arabia
Smart solar tracking solutions provider TrinaTracker, a division of China’s Trina Solar, has established a 3 GW manufacturing facility in Saudi Arabia.The…
Biofuel
EIA: Biomass Power Capacity Forecast to Remain at 2024 Levels
According to the latest Short-Term Energy Outlook released by the U.S. Energy Information Administration on February 11, renewables are expected to account for …
Renewable Diesel
EIA: Consumption of Renewable Diesel Continues General Growth Trend on the US West Coast
Renewable diesel is increasingly replacing petroleum diesel on the U.S. West Coast, where state-level policies are attracting new production capacity and shipme…
SAF
CVR Pauses Development of Potential SAF Projects Pending Regulatory, Tax Credit Clarity
CVR Energy Inc. released fourth quarter financial results on Feb. 18, reporting reduced renewable diesel production. The company also said it is pausing develop…
Photovoltaic (PV)
Midea Hiconics Releases 30.6 KWh Storage System for Residential PV
The HiEnergy-SMidea Hiconics, the solar storage and inverters subsidiary of Chinese electrical appliance manufacturer Midea Group, has unveiled a new series of …
Metal
Exxon, SLB Flag Interest in Lithium Projects in Chile, Say Document and Source
Vehicles pass in front of an Exxon service station in Bethesda, Maryland, U.S., November 25, 2024.U.S. oil major Exxon Mobil (XOM.N),is planning a meeting with …
Crude Oil
Oil Exports From Russia’s Busiest Port Unencumbered by Sanctions
A crude oil tanker.Crude-oil exports from Russia’s main Pacific terminal remain robust as shippers and traders — yet again — work around a fresh batch o…
Oil & Gas Trade
Russia’s Oil Product Exports Decline as Diesel Surge Tapers Down
Lights illuminate the site of the Gazprom PJSC Amur gas processing plant, under-construction by China Gezhouba Group Corporation (CGGC), as part of the Power Of…
Electric Vehicles
Nikola Goes Bankrupt, Capping Troubled EV Maker’s Long Slide
A Nikola Tre battery-electric heavy duty truck in 2021.Nikola Corp. filed for bankruptcy, culminating a long slide for the onetime darling of the electric-vehic…
China
Chinese Coal Prices Have Further to Fall as Glencore Mulls Cuts
China’s coal slump is likely to persist for several months, weighing on a global market that has seen mining giant Glencore Plc forced to consider output …
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