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Hydrogen Project

Japan May Open $20 Billion Hydrogen Plan Applications in Summer

A H2 logo. , Bloomberg(Bloomberg) -- Japan may open applications for funding from a 3 trillion yen ($20.4 billion) program to stimulate the use of hydrogen as a…

Electric Vehicles

BYD Expects at Least $4 Billion in Net Income From Surging EV Sales

After a record EV sales year, BYD expects to rake in at least $4 billion in net income. BYD forecasts its profits rising at least 75% last year.BYD expects at l…

Electric Vehicles

Tesla (Tsla) Plans to Spend $10 Billion This Year to Achieve Next Growth Phase

Tesla (TSLA) confirmed that it is increasing its planned capital spending to $10 billion this year as it tries to achieve its next growth phase.Lately, Tesla ha…

Coal Production

China's Inner Mongolia Coal Output Hit 1.21 Bln Tonnes in 2023

North China's Inner Mongolia Autonomous Region churned out 1.21 billion tonnes of coal in 2023 as it strives to guarantee the country's energy supply.Ac…

Offshore Wind Power

Biden Administration Awards Nearly Half a Billion Dollars for Northern California Offshore Wind Project

In the latest significant step for California's efforts to build offshore wind farms in the Pacific Ocean, the Biden administration has awarded nearly half …

Offshore Wind Power

CIP to Invest $1.92 Billion in Offshore Wind Energy in the Philippines

CIP’s wind farm will stretch along the northern coast of Northern Samar province and is expected to begin operations in late 2025.Copenhagen Infrastructur…

Oil & Gas Trade

Exclusive: Encap Eyes $5 Bln Sale of Shale Producer Grayson Mill -Sources

Private equity firm EnCap Investments is exploring a sale of Grayson Mill Energy that could value the Bakken shale-focused oil and gas producer at around $5 bil…

Power Construction

Nigerian Company Begins Operating $1.3 Billion Chinese-Funded Power Plant

High-tension electrical power lines are seen at the Azura-Edo Independent Power Plant (IPP) on the outskirt of Benin City in Edo state, Nigeria June 13, 2018. R…

Hydropower Plant

FG to Begin Evacuation of 40MW From Kashimbilla Hydropower Plant in Six Months

The federal government yesterday said that the entire 40mw Kashimbilla hydropower plant in Taraba state will in the next six months begin full evacuation, disti…

Renewable Energy

Colombia renewable energy could see $2.2 billion in investment this year

View of a hybrid power park with solar panels and wind turbines in Sabugal, Portugal, January 12, 2023. REUTERS/Pedro Nunes/File Photo Acquire Licensing RightsC…

Oil & Gas Trade

Italian Gas Grid Operator Snam to Invest 11.5 Bln Euros by 2027

Italy's Snam (SRG.MI), opens new tab will invest 11.5 billion euros ($12.5 billion) by 2027, 15% more than in its previous business plan, the gas network op…

Hydropower Plant

Bhutan Seeks India Deals in US$15 Billion Hydropower Push to Raise National Happiness

Tourists walk across a bridge over the Puna Tsang Chhu River. Bhutan’s GDP relies heavily on tourism and agriculture. Photo: AFPThe Himalayan kingdom of B…

Nuclear Power Plant (NPP)

UK Invests Further GBP1.3bn to Keep Sizewell C on Schedule

The GBP1.3 billion (USD1.65 billion) of government funding will be used for necessary infrastructure work such as roads and rail lines and allows construction w…

Hydrogen Production

Plug Power Jumps on Govtloan Liquid Green Hydrogen Production Start

Plug Power (PLUG.O), opens new tab said on Tuesday that it has secured over $1 billion in government funding and started producing liquid green hydrogen at its …

Carbon Emissions

EU Fossilfuel Use for Energy to Drop 80% Under 2040 Climate Goal -Document

Smoke and steam billow from Belchatow Power Station, Europe's largest coal-fired power plant powered by lignite, operated by Polish utility PGE, in Rogowiec…