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Energy Investment

$111 Billion Investment on Petrobras’ Five-Year Agenda

Brazil’s state-owned oil and gas giant Petrobras has unveiled its new business plan for the 2025-2029 period (BP 2025-29) and strategic plan 2050 (SP 2050…

India

ReNew Q2 Profit up 31% YoY

ReNew Energy Global (ReNew) has reported a total income (or total revenue) of INR 29,887 million ($357 million) and net profit of INR 4,939 million ($59 million…

Electric Vehicle Battery

LG Chem and ExxonMobil Sign MOU for Lithium Offtake

Exxon Mobil Corporation and LG Chem have signed a non-binding memorandum of understanding (MOU) for a multiyear offtake agreement for up to 100,000 metric tons …

India

Adani Calls Us Allegations ‘Baseless,’ to Seek All Possible Legal Recourse

The Adani Group has termed the US allegations of bribery for solar contracts ‘baseless’ and added that it will seek all possible legal recourse.The …

Solar Panel

Ecoprogetti Delivers 300 MW Solar Panel Production Line to SAEL

SAEL’s production line from Italy’s Ecoprogetti is equipped to produce double-sided glass-glass solar panels using TOPCon M10 cells.Italy’s Ec…

Natural Gas

B&W to Convert Coal Plant to Gas for AES Indiana

The B&W Thermal business of Ohio-based Babcock & Wilcox (B&W) has received full notice to proceed under an agreement for a coal-to-natural gas conversion projec…

Energy Storage System

Solaredge, Axle Energy Partner on Vpp Offering

Customers could earn up to £250 by participating. Image: SolarEdge.Smart energy technology company SolarEdge has launched a new flexible energy service in part…

Energy Storage System

Fidra Energy and Sungrow Sign Strategic Agreement for BESS Growth

Executives from Fidra Energy and Sungrow at a signing ceremony for the deal. Image: Fidra Energy.Battery energy storage system (BESS) developer Fidra Energy has…

Oil & Gas Trade

OPEC+ Appears Set to Hold Its Next Key Meeting on Output Online

OPEC+ delegates said they assume next month’s meeting on plans to restore oil production will be held online, rather than at their Vienna headquarters as …

Energy Storage System

Salt River Project and Flatland Storage Plan 200-MW BESS in Arizona

Salt River Project (SRP) and Flatland Storage, a subsidiary of EDP Renewables North America (EDPR NA) have entered into an agreement to provide 200 MW of new en…

United States

Landbridge Acquires 46,000 Surface Acres In Southern Delaware Basin

LandBridge Co. LLC has agreed to acquire approximately 46,000 largely contiguous surface acres in the Southern Delaware Basin from VTX Energy Partners LLC. The …

Battery

Enphase Portable IQ Battery Now Available for Pre-order

The Enphase portable battery with accessories sold separately.Enphase Energy has announced the availability of its new portable energy system, the IQ PowerPack …

Energy Storage System

Canadian Solar Subsidiary to Manufacture Utility-Scale BESS in Kentucky

SolBank 3.0 from e-STORAGECanadian Solar subsidiary e-STORAGE announced this week its intentions to open a 3-GWh energy storage manufacturing plant in Shelbyvil…

Oil & Gas Trade

India Is Leading Source Of Oil Demand Growth In EIA Forecast

In its latest short term energy outlook (STEO), which was released recently, the U.S. Energy Information Administration (EIA) said India has emerged as the lead…

COP29

COP29 Climate Financing Negotiations in Stalemate

The COP29 United Nations climate change conference went into a stalemate on Friday, its scheduled conclusion date, with key concerns from developing countries l…