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Solar Power Plant

World’s First Dual-Tower Concentrated Solar Power Plant Boosts Efficiency by 24%

Two 650-foot-tall (200-m) towers have risen in China’s Gansu Province. Combined with an array of 30,000 mirrors arranged in concentric circles, the new fa…

Nuclear Reactor

Korea Eyes Further Nuclear Reactor Deals in Netherlands, Poland

Industry Minister Ahn Duk-geun, center, and KHNP President Whang Joo-ho, far left, provide a briefing on the Czech Republic's nuclear power contract on Thur…

LNG

Samsung Heavy Industries Books French Player for Work on Canada’s $4 Billion FLNG Project

France’s technological containment specialist Gaztransport & Technigaz (GTT) has picked up a new order from South Korea’s Samsung Heavy Industries (…

Hydrogen Project

Germany Grants €4.6 Billion to 23 IPCEI Hydrogen Projects

German federal and state governments have granted €4.6 billion in funding to 23 hydrogen projects that are a part of the infrastructure wave, Hy2Infra, of …

LNG

Honeywell Splashes Out $1.81 Billion on LNG Business to Boost Energy Transition Offering

U.S.-based technology firm Honeywell has agreed to acquire the liquefied natural gas (LNG) process technology and equipment business from compatriot industrial …

Hydrogen Project

Hydrogen Energy Firm Huture to Go Public in $1 Bln Spac Deal

Hydrogen energy firm Huture said on Tuesday it has agreed to go public in the U.S. through a merger with a blank-check firm Aquaron Acquisition Corp (AQU.O), op…

Oil Field

Kuwait Announces ‘Giant’ Oil Discovery

Kuwait Petroleum Corporation (KPC) said on Sunday it had made a "giant" oil discovery in the Al-Nokhatha field east of the Kuwaiti island of Failaka, with oil r…

Electric Vehicles

Biden-Harris Administration Announces Nearly $2 Billion to Support American Auto Workers, Convert Facilities for Electric Vehicles

As part of President Biden's Investing in America agenda, the U.S. Department of Energy (DOE) today (July 11) announced $1.7 billion to support the conversi…

Floating Solar

Shinshung E&G Secures 47 MW Module Order for Floating Solar in South Korea

Shinshung E&G has announced a contract to supply 47 MW of PV modules for a floating solar project at Imha Dam in Gyeongsangbuk-do province, South Korea.The proj…

Electric Vehicles

The US Just Financed a $1.2b EV Lithium-Ion Battery Separator Factory in Indiana

ENTEK just got a conditional $1.2 billion loan from the US Department of Energy’s (DOE) Loan Programs Office to build a lithium-ion battery separator fact…

Electric Vehicles

BYD Is Building a Massive $1 Billion EV Plant in Turkey as Global Expansion Accelerates

BYD signed a deal to build a massive $1 billion EV plant in Turkey on Monday. The news comes after BYD opened its first factory in Thailand, with others planned…

Renewable Energy

ADNOC Pens $3 Billion Green Financing Deal with JBIC

Abu Dhabi National Oil Company (ADNOC) has signed a general agreement with the Japan Bank for International Cooperation (JBIC) for a $3 billion green financing …

Oil & Gas Trade

Petroleum Firms Announce $5 Billion Investment in Pakistan

A delegation of domestic and foreign petroleum and gas exploration and production companies met with Prime Minister Shehbaz Sharif in Islamabad, leading to them…

Electric Vehicles

BYD Closes in on Huge $1 Billion EV Plant in Turkey as Global Expansion Accelerates

BYD is closing in on a deal to build a massive $1 billion EV plant in Turkey. The news comes after BYD opened its first factory in Thailand, with others planned…

Offshore Wind Power

France to Provide $11.7 Billion Aid for Two Offshore Wind Projects

The European Commission has approved a French state aid scheme offering EUR 10.82 billion ($11.7 billion) for two planned offshore wind projects with a combined…