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Power Construction

EDF, Masdar Win 25-Year Saudi Power Deal for Resort on Red Sea

A cyclist passes a giant billboard advertisement for the Saudi Arabian tourist board on Sheikh Zayed Road in Dubai, United Arab Emirates, on Friday, Oct. 18, 20…

Electric Vehicles

Gotion Is Bringing a $2 Billion EV Battery Gigafactory to Illinois, Creating Thousands of Jobs

Global EV battery developer Gotion High-Tech has announced a major investment in the state of Illinois to the tune of $2 billion to erect a new gigafactory in M…

Offshore Wind Power

UK's Oil & Gas, Offshore Wind, CCS, and Hydrogen Investments to Hit Whooping £200 Billion by 2030

The UK has set its cap on pursuing energy security alongside decarbonisation to lay the groundwork for its transition to net-zero by 2050. While several things …

Dam

Ethiopia Says It Has Completed Filling of Disputed Dam Project's Reservoir

Ethiopia said on Sunday it had completed the fourth and final phase of filling a reservoir for its planned massive hydroelectric power plant on the Blue Nile, a…

Net Zero

UK Commits $2 Billion to UN-Backed Climate Fund

British Prime Minister Rishi Sunak walks at Downing Street in London, Britain September 6, 2023. REUTERS/Susannah Ireland/File Photo Acquire Licensing RightsBri…

Renewable Energy

Bangladesh's Summit Group to Invest $3 Billion in Clean-Energy Push

Bangladesh's Summit Group plans to invest $3 billion in solar, wind and hydroelectricity generation projects in south Asia as a part of its clean energy pus…

Oil & Gas Trade

UK's Motor Fuel Group in $2.5 Billion Fuel Stations Deal Talks With Morrisons

A customer carries a shopping bag outside a Morrisons supermarket in New Brighton, Britain, July 5, 2021. REUTERS/Phil Noble/File Photo Acquire Licensing Rights…

Oil & Gas Trade

S. Korea, Uzbekistan Strike Deal on Outstanding Payment in Gas Project

South Korea's finance ministry said Friday it has reached an agreement with Uzbekistan to settle an outstanding payment of around US$1 billion involving a j…

Nuclear Fusion

Germany Stepping up Investment in Fusion

Germany will invest more than EUR1 billion (USD1.1 billion) in fusion research over the next five years, Federal Research Minister Bettina Stark-Watzinger annou…

Solar project

Australian Billionaire Cannon-Brookes Says $13 Billion Singapore Solar Project Is Viable

Mike Cannon-Brookes, chief executive officer of Atlassian, attends the annual Allen and Co. Sun Valley media conference in Sun Valley, Idaho, U.S., July 11, 201…

Solar project

Qcells to Sign $3 Billion Supply Agreement for US-Made Polysilicon

REC Silicon ASA is entering into a supply agreement between its subsidiary, REC Solar Grade Silicon LLC, and Hanwha Q Cells Georgia, Inc., a wholly owned unit o…

Electric Vehicles

Why US Adopts New EV Rules

An electric vehicle is charged in Rosemead, California, United States, on April 12, 2023. [Photo/VCG]On August 16, 2022, U.S. President Joe Biden signed the Inf…

Green Hydrogen

EU Commits €12M for Kenya's Green Hydrogen

Kenya has secured a groundbreaking deal with the European Union (EU) to receive approximately Sh1.9 billion (€12 million) in grants for its budding green h…

Hydrogen Technology

UK Takes Lead in Hydrogen Heating Trials

The United Kingdom is poised to become a global leader in exploring the use of hydrogen for heating, marking a significant stride towards achieving carbon-neutr…

United States

Here's Where the $154B Investment and 188K Jobs From Biden's EV Push Are Going

In recent years, automakers have announced new EV investments totaling $154 billion and creating 188,000 jobs, largely catalyzed by President Biden’s EV p…