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Energy Storage Project
Engie Strikes $1.6 Billion US Battery Deal With Apollo, Encap
A logo on the Engie SA headquarters in the La Defense business district in Paris, France, on Thursday, Jan. 21, 2021. The shift of jobs and assets to Paris afte…
Hydropower Plant
Government Allocates $124 Million Towards Reconstruction Efforts on Kakhovka Hydroelectric Plant
The Ukrainian government allocated Hr 4.6 billion ($124 million) towards reconstruction measures of the Kakhovka Hydroelectric Power Plant, Ukraine's Minist…
Oil & Gas Trade
RI Eyes Us$3.37 Billion Non-oil, Gas Export Target With Australia
Indonesian Deputy Trade Minister Jerry Sambuaga (left) during a press statement at the 55th ASEAN Economic Ministers' (AEM) Meeting in Semarang, Central Jav…
Biofuel
Sununu Vetoes Bill to Provide Relief to Burgess Biopower
New Hampshire Gov. Chris Sununu on Aug. 18 vetoed HB 142, a bill that aims to support future operations at Burgess BioPower, a 75-megawatt (MW) biomass-fired po…
Natural Gas
Australia's APA Group to Buy Local Energy Supplier's Pilbara Assets for $1.1 Bln
Australia's APA Group (APA.AX) said on Wednesday it would acquire Alinta Energy's power assets in the Pilbara region for a deal valued at A$1.72 billion…
Net Zero
Denmark Plans to Allocate 26.8 Bln Crowns for New CO2 Capture and Storage Tenders
Denmark plans to allocate 26.8 billion Danish crowns ($3.9 billion) in state aid over 15 years for projects to capture and store 2.3 million metric tons of carb…
LNG
HD Korea Shipbuilding wins 288.2 bln-won order for 2 LPG carriers
South Korean shipyard HD Korea Shipbuilding & Offshore Engineering Co. said Monday it has bagged a 288.2 billion-won (US$215 million) order to build two liquefi…
Renewable Energy
CEFC spends record $1.2 billion on renewables, as focus turns to the grid
The Clean Energy Finance Corporation has spent a record $1.2 billion in the last financial year, but its focus in coming years will be on upgrading the grid &nd…
Green Hydrogen
Brazil's $30 Billion Green Hydrogen Initiative Sparks Global Interest
Brazil is setting its sights on a remarkable endeavor – the production of low-carbon hydrogen. With a burgeoning portfolio of projects valued at around $3…
Energy-Eficient Building
US Can Cut Building Emissions by up to 91%, Saving $100 Billion a Year in Energy-Related Costs, Modeling Study Shows
The US has committed to reaching net-zero emissions by 2050. To accomplish this goal, large cuts in emissions are necessary, especially in high-emission sectors…
Offshore Wind Power
Multi-Billion-Dollar Investment Needed to Meet Global Offshore Wind Targets by 2026 – Report
The global offshore wind supply chain will require USD 27 billion of secured investment by 2026 if it is to meet a fivefold growth in annual installations (excl…
Oil & Gas Trade
US Approvals for $1.5 Billion Oil Railway in Utah Partially Vacated
REUTERS/Rick Wilking/File Photo Acquire Licensing RightsA U.S. appeals court on Friday sent approvals for a $1.5 billion Utah crude oil railway back to federal …
Electric Vehicle Battery
Ford and SK Announce New Massive Battery Cathode Factory in Quebec's Battery Valley
Ford and SK, a Korean battery manufacturer, have announced a plan to build a new $1.2 billion battery cathode factory in Becancour, known as Quebec’s batt…
Renewable Energy
AEP Finalizes $1.5 Billion Sale of Renewables Portfolio
American Electric Power has finalized the sale of its 1,365 MW renewables portfolio to IRG Acquisition Holdings, a partnership owned by Invenergy, CDPQ and fund…
Electrification
Off-peak electricity use and home generation could save billions in energy costs
New analysis from Cornwall Insight and Smart Energy GB has revealed the substantial cost-saving potential of household flexible electricity initiatives such as …
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