Bill

Nuclear Reactor

US Releases $57 Million in Financing to Help Reopen Michigan Reactor

The U.S. Department of Energy said on Monday it has disbursed $57 million of an up to $1.52 billion loan guarantee for Holtec's Palisades nuclear plant in M…

Electric Vehicles

LI Auto Scores 16.6% YoY Growth in 2024 Annual Revenue

Li Auto, a leading player in China's new energy vehicle market, has released its unaudited financial results for the fourth quarter (Q4) and full year ended…

LNG

Hanwha Ocean Wins W2.3tr LNG Carrier Order From Evergreen Marine of Taiwan

Hanwha Ocean Co. said Monday it has secured a 2.3 trillion-won ($1.59 billion) order from Evergreen Marine Corp. of Taiwan to build six ultra-large liquefied na…

Energy Storage Project

Samsung SDI Inks 437.4 Bln-Won Deal to Supply ESS Batteries to U.S.-Based Nextera Energy

Samsung SDI Co., South Korea's major battery maker, said Friday it has signed a 437.4 billion-won (US$300.5 million) deal to supply energy storage solution …

CCS

Perry Introduces Bill to Repeal 45Q Tax Credit

Rep. Scott Perry, R-Pa., on March 6 introduced the 45Q Repeal Act. The legislation aims to repeal the Section 45Q tax credit for carbon capture, utilization and…

Green Hydrogen

Morocco Approves Green Hydrogen Projects Worth $32.5 Bln

Wedoany.com Report-Mar 7, A Moroccan government committee on Thursday approved green hydrogen projects aiming to produce ammonia, steel and industrial fuel wort…

SAF

Bill Aims to Extend, Expand Existing Minnesota SAF Tax Credit

The Minnesota Senate Taxes Committee on March 3 voted to approved legislation that aims to extend and expand the state’s existing tax credit for sustainab…

Power Construction

Distributed Generation Surpasses 37 GW in Brazil Amid Concerns Over Curtailment

Brazil has reached 37 GW of installed capacity in distributed generation (DG). The Brazilian Association of Distributed Generation (ABGD) projects a 20% growth …

Metal

Merdeka Battery Secures $1.4bn Financing for Nickel Plant in Indonesia

Sulawesi Nickel Cobalt (SLNC) has obtained $1.4 billion (Rp22.93 trillion) in funding to build a high-pressure acid leach (HPAL) plant on Sulawesi Island, Indon…

Green Hydrogen

Catalonia Secures Million-Dollar State Subsidy for Two Green Hydrogen Projects

Minister for Ecological Transition, Sara AagesenThe Spanish government has approved €236 million in subsidies for two green hydrogen projects in Catalonia,…

Virtual power plants

California Bill Introduced to Mandate a VPP Implementation Plan

Assembly member John Harabedian of Pasadena introduced AB 740, legislation aimed at supporting virtual power plant (VPP) advancement in California.VPPs are a sy…

Oil & Gas Trade

Leviathan Partners Eye Big Expansion of Natgas Field for Israel and Export

An aerial view taken from a helicopter shows the Leviathan natural gas rig off the coast of the Mediterranean coast, in northern Israel, April 26, 2023.Partners…

Crude Oil

Colombia’s Ecopetrol Books Biggest Increase in Proven Oil, Gas Reserves in Three Years

Oil pumpjacks are pictured in an Ecopetrol oil field in Barrancabermeja, Colombia October 11, 2024.Colombia's Ecopetrol (ECO.CN), booked its biggest increase in…

Uranium Project

Nova Scotia Bill Proposes Lifting Uranium Exploration Ban

The province's legislative chamberLegislation has been introduced in the parliament of Nova Scotia calling for the end of a ban on uranium exploration and m…

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…