Bill

Wind Farm

China’s First 16-Megawatt Offshore Wind Turbine Project Begins Construction

The construction of China’s first large-scale 16-megawatt offshore wind turbine project has begun. The total installed capacity of the wind farm is 400 me…

Market Analysis

Electric Vehicle Batteries: A Market Report

The electric vehicle battery market is growing rapidly as the demand for electric vehicles increases. According to some estimates, the global market for electri…

HVDC

Medium Voltage Drives Market reaching US$ 2.26 Bn by 2032 - Comprehensive Research Report by FMI

In 2021, the medium voltage drives market was valued at more than USD 1.5 billion, and it is expected to grow at a CAGR of around 3.8% between 2022 and 2032.Gro…

World Energy Outlook

Generator Sales Market to Be Worth US$ 28.6 Billion by The Year 2032 - Comprehensive Research Report by FMI

As per a recent global study on Generator Sales Market by Future Market Insights, the industry is expected to reach US$ 28.6 billion in 2027, up from US$ 21.6 b…

Energy Investment

CGGC INTERNATIONAL LTD. plans to invest US $10 billion in infrastructure projects in Iraq

A major Chinese conglomerate has offered to invest nearly 10 billion in infrastructure projects in the Autonomous Kurdistan region in North Iraq, an official ha…

Solar Company

Mingyang Will Invest RMB 1.5 Billion in Base inZhongshan for Assembling Equipment Used inManufacturing of HJT Products

At the beginning of January, a ceremony was held in Zhongshan to mark the signing of a project investment agreement between Mingyang Group and the local governm…

Oil & Gas Trade

Big Oil Saw Record $199Bn Profits In 2022 But 2023 Will Be Different

ExxonMobil, Chevron, Shell, TotalEnergies, and BP reaped almost $200 billion collectively last year but the outlook for 2023 does not look so bright.ExxonMobil,…

Oil & Gas Trade

Italy’s Eni Signs $8 Billion Libya Gas Deal as PM Meloni Visits Tripoli

Eni Chief Executive Claudio Descalzi and National Oil Corporation (NOC) head Farhat Bengdara attend the signing of an agreement between the two companies as Ita…

Energy Investment

US Battery Supply Chain Investments Reach Us$92 Billion Since Biden Took Office

A total of US$92 billion has been invested in the US battery supply chain since President Joe Biden took office in January 2021, including recent projects annou…

Coal Production

CHINA'S COAL-RICH PROVINCE SEES COAL PRODUCTION INCREASE IN 2022 - XINHUA

North China’s coal-rich province of Shanxi saw its coal production hit 1.31 billion tonnes in 2022, up 8.7 percent year on year, local authorities said.La…

World Energy Outlook

Ørsted expects EBITDA excluding new partnership agreements of DKK 21.1 billion for 2022

Ørsted presents operating profit (EBITDA) for 2022 based on preliminary and unaudited reporting.It has been a year with unusual market conditions, not le…

Electricity Transmission

Winter 2023-24 price cap forecasts fall further below EPG, but long-term prospects remain uncertain

The latest forecasts for the Default Tariff Cap (price cap) released by Cornwall Insight, have shown energy bill predictions for a typical household1 have falle…

Geothermal Power Plant

Proposed Bills Seek to Spur Geothermal in New Mexico, U.S.

Santa Fe National Forest, NM (Source: Flickr, CC, By: Artotem)Senators Jerry Ortiz y Pino and William Soules are sponsoring a series of bills that aim to accele…

SMR

French Bill on Accelerating Nuclear New Build Progresses to Senate

The French Senate has begun discussing a bill aimed at accelerating procedures related to the construction of new nuclear facilities near existing nuclear sites…

Oil Exploration

Totalenergies to Invest $1 Billion in Oil Development Offshore Brazil

(WO) — TotalEnergies has approved the final investment decision of the Lapa South-West oil development in the Santos Basin, 300 km off the coast of Brazil.offs…