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LNG

ADNOC and Totalenergies Enter LNG Supply Deal Worth $1.2 Billion

UAE’s ADNOC Gas has signed a three-year supply agreement with TotalEnergies Gas and Power Limited, a subsidiary of French energy giant TotalEnergies, for …

Offshore Wind Power

Ocean Winds Secures €7.4 Billion of Investment and Starts Construction of 2 GW of Offshore Wind Energy in April 2023

Present at Wind Europe 2023, Ocean Winds, an international company dedicated to offshore wind energy and created as a 50-50 joint venture in 2020 by EDP Renewab…

Geothermal Heating Project

PGPC to Increase Geothermal Capacity by 300 MW in the Next Five Years

Conglomerate SMIC will be spending PhP 3 billion annually over the next five years to develop 300 MW of additional geothermal capacity for PGPC.

Electric Vehicles

Vinfast Secures Another $2.5 Billion in Funding, Led by $1B From Vingroup’s Chairperson Alone

Vietnamese EV automaker VinFast can continue its development and steadfast global expansion, thanks to a fresh round of funding from parent company VinGroup and…

LNG

Eni Launches $5BN LNG Project in Congo

Italian energy group Eni and Congo Republic's government launched a $5 billion gas liquefaction project expected to reach a production capacity of 3 million…

Solar Materials

TBEA Saw 119% Profit Surge in 2022 Performance Report

Major silicon provider TBEA released its annual report 2022 on April 24, with a revenue of CNY 95.887 billion yuan, up 39.03%. The company realized a net profit…

Offshore Wind Power

Iberdrola Invests 10,400 Million Euros and Has a Net Profit of 1,485 Million

Financial HighlightsNet Profit of €1.49 billion driven by strong operating performance and new investments, including the recovery of retail deficits in th…

Solar Module

43.09GW of Modules Shipped! Trina Solar Releases 2022 Annual Report

On 24 April 2023, Trina Solar (688599.SH), a leading global solar PV and smart energy integrated solution provider, released its 2022 annual report. Its revenue…

Solar Module

Risen Energy Releases 2022 Performance Report

On April 22, 2023, Risen Energy Co., Ltd. (300118.SZ) released its 2022 annual report, revealing that it had achieved an operating income of CNY 29.385 billion,…

Solar Materials

Tongwei Announces 2023 First Quarter Financial Report and Silicon Material Project Investment

On April 24th, 2023, Trina Solar Co., Ltd. (SH.600438) released their financial report for the first quarter. They achieved a revenue of CNY 33.245 billion with…

Offshore Wind Power

Moray West First UK Round 4 Offshore Wind Project to Reach Financial Close

Moray West Offshore Wind Farm, owned by Ocean Winds and minority shareholder Ignitis Group, has secured GBP 2 billion of non-recourse project finance and reache…

Offshore Wind Power

Maryland Governor Enacts Offshore Wind Bill, Announces Foundation Component Centre With ØRsted

Maryland Governor Wes Moore signed the state’s Promoting Offshore Wind Energy Resources Act (the POWER Act) into law on 21 April, thus codifying Maryland&…

Solar Cell

Aiko Solar to Invest 36 Billion for 60GW Cell Module Production

Aiko Solar announced on April 21 to sign a strategic cooperation agreement for 30 GW of high efficiency solar cell and 30 GW of supporting module project with t…

Solar Battery (Storage)

DOE Offers $3BN Loan to Create Solar and Storage VPPs

The US Department of Energy Loan Programs Office (LPO) announced a conditional commitment to Sunnova Energy Corp.’s Project Hestia for an up to $3 billion…

Canada

Canada Lures Volkswagen’s New Battery Plant North by Matching Billions in Subsidies Offered by US

Canadian Prime Minister Justin Trudeau has announced a massive deal with German automaker Volkswagen Group to implement its first electric vehicle plant outside…