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Australia

Minerals 260 completes $220m capital raise for Bullabulling gold development in Australia

Minerals 260 has successfully raised $220 million to fund the acquisition of the Bullabulling Gold Project in Western Australia. This was achieved by issuing 1.…

Solar Battery (Storage)

Australia’s Albanese Pledges A$2.3 Billion to Help Homeowners Buy Solar Batteries

Australian Prime Minister Anthony Albanese announced a A$2.3 billion ($1.39 billion) initiative to support homeowners in purchasing batteries for storing solar …

Wind Turbine

SunZia Wind’s Massive 2.4 GW Project Hits a Big Milestone

GE Vernova has completed over half the turbines required for SunZia Wind, set to become the Western Hemisphere’s largest wind farm by its 2026 launch. The…

Hydropower Plant

China’s High-Altitude Hydropower Station Generates 3.5-Billion-KWh of Power in 1 Year

The Maerdang Hydropower Station, situated on the upper reaches of the Yellow River in Qinghai Province, northwest China, celebrated one year since its first uni…

Electric Vehicles

Great Wall Motor’s Net Profit Surges 80.76% YoY in 2024

Chinese automaker Great Wall Motor (GWM) released its 2024 financial results, showcasing strong performance in revenue and profits on March 28. The company repo…

Natural Gas

Shell Warns Australia’s Gas Reservation Plan Could Worsen Shortages

On May 3, as Australia approaches its general election, energy has become a key political issue. The conservative Liberal-National coalition has pledged to tack…

Nuclear Power Plant (NPP)

Minister Announces Funds for New Reactor as Safari-1 Turns 60

As South Africa's Safari-1 research reactor marks its 60th anniversary, Minister of Electricity and Energy Kgosientso Ramokgopa has announced a budget alloc…

Carbon Storage

Shell, Equinor, Totalenergies to Invest $714 Million in Carbon Storage Expansion

Shell (SHEL.L), Equinor (EQNR.OL)and TotalEnergies (TTEF.PA)said on Thursday they will invest 7.5 billion Norwegian crowns ($713.66 million) into expanding thei…

Hydrogen Project

US Weighs Funding Cuts to Four of Seven Hydrogen Hubs

The U.S. Department of Energy is weighing funding cuts to four of seven hydrogen hubs that were selected under a $7 billion federal program, according to a sour…

Electric Vehicles

Chinese Electric Vehicle Maker Byd Reports 2024 Revenue Over Us$100B, Topping Tesla’s Sales

Chinese electric vehicle maker BYD logged a record 777.1 billion yuan (US$107 billion) in revenue last year as its sales of battery electric and hybrid vehicles…

Gas Pipeline

BP Rakes in $1 Billion From Sale of Partial Stake in Pipeline Carrying Gas From Field off Azerbaijan

UK-headquartered energy giant BP has struck a deal with Apollo-managed funds to divest a minor non-controlling stake in BP Pipelines (TANAP), the firm’s s…

Rooftop Solar

Rooftop Solar Saved California Ratepayers $1.5 Billion Last Year

Investor-owned utilities and residential solar installers in California have clashed over rulemaking decisions on billing structures and regulations for rooftop…

Electric Vehicles

Geely Automobile Posts Record-High Annual Revenue in 2024

On March 20, Geely Automobile Holdings Limited ("Geely Automobile") released its 2024 financial results, reporting record-breaking revenue.The company's ann…

Solar Panel

UK to Invest $260 Million on Solar Panels for Schools and Hospitals

GB Energy will lead a 200 million pound ($260 million) solar panel project for hospitals and schools, Britain said on Friday, in the first investment for the st…

Electricity Transmission

Ten Suppliers Line up for UK National Grid’s HVDC Supply Chain Framework

The National Grid has awarded contracts to ten suppliers as part of a £59 billion high voltage direct current (HVDC) supply chain framework, setting the s…