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Hydrogen Production

Canada firm to build C$4 bln green hydrogen project in Quebec -source

Montreal-based renewable energy firm TES Canada H2 Inc will build a C$4-billion ($2.9 billion) green hydrogen project in Quebec that is expected to create 200 p…

Offshore Wind Power

Van Oord Awarded Two New Offshore Wind Contracts Worth More Than Half a Billion Euros in Total

Van Oord has been awarded contracts for Baltic Power offshore wind farm in Poland and Greater Changhua 2b and 4 offshore wind farm in Taiwan valued at more than…

Oil & Gas Trade

Russian Oil Shaves India's Import Costs by About $2.7 Billion

India saved roughly $2.7 billion by importing discounted Russian oil in the first nine months of this year, according to calculations based on government data, …

Photovoltaic （PV）

Chinese PV Industry Brief: Guosheng Starts Building 10 GW Hjt Cell Factory

Image: Trina TrackerGuosheng Energy Technology said it has started construction of a 10 GW HJT solar module factory in Yantai City, Shandong province, with a CN…

Carbon Emissions

Canada's Emission Cuts Unlikely to Hit 2030 Target, Auditor General Says

An airplane takes off from Billy Bishop Airport after Canada's Prime Minister Justin Trudeau announced that passengers will require COVID-19 vaccination for…

Net Zero

US Invests $2 Billion for Lower-Carbon Construction at Federal Buildings

U.S. President Joe Biden waves at the news media before boarding Marine One for travel to Maine from the South Lawn of the White House in Washington, U.S., Nove…

Net Zero

Exxonmobil Fortifies Low Carbon Solutions With $4.9 Billion Denbury Acquisition

The acquisition integrates ExxonMobil's expertise with Denbury’s extensive CO2 pipeline network and workforce, thereby enhancing their low-carbon lead…

Carbon Emissions

Singapore's Sembcorp Industries Aims to Halve Emissions Intensity by 2028

Singapore's Sembcorp Industries (SCIL.SI) said on Monday it would invest about S$10.5 billion ($7.76 billion), about 75% of its total investments in 2024-20…

Solid-State Batteries

China to Invest $2.8bn in Zimbabwean Lithium, Energy

Chinese companies were awarded licenses in the third quarter that could lead to $2.79 billion of investment in Zimbabwe, mostly in mining and energy as the gove…

Energy Storage Project

Asahi Kasei to Invest $265M to Expand Coating Capacity for Hipore Li-Ion Battery Separators

Asahi Kasei will invest ¥40 billion (US$365 million) in additional equipment for coating Hipore lithium-ion battery (LIB) separators. New coating lines will…

Offshore Wind Power

Iberdrola Joins Forces With Masdar in Offshore Wind Energy With the Investment of 1.6 Billion Euros in the Baltic

After obtaining the necessary regulatory approvals, the companies have closed the agreement announced last July to co-invest in the Baltic Eagle offshore wind f…

Oil & Gas Trade

Shell Boosts Buybacks as Gas Trading Boost Q3 Profits to $6.2 Billion

The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, …

Offshore Wind Power

Ørsted Takes Eur 4 Billion Impairment Hit

ØrstedThe majority of impairment losses, DKK 19.9 billion, relate to the Ørsted’s Ocean Wind 1 offshore wind project. The company unveiled i…

Oil & Gas Trade

Russia to Lose $4 Bln Tax Take as It Reverses Cut In Refining Subsidy

Russia's hasty restoration of a "damper" subsidy for oil refiners will not only cost the state budget 400 billion roubles ($4.3 billion) in subsidies this y…

Offshore Wind Power

Orsted Hit by up to $5.6 Billion Impairment on Halted US Projects

A view of the turbines at Orsted's offshore wind farm near Nysted, Denmark, September 4, 2023. REUTERS/Tom Little/File Photo Acquire Licensing RightsRenewab…