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Geothermal Power Project

Enel Plans EUR 3 Billion Investment for Geothermal in Italy

Chiusdino geothermal plant, Tuscany/ Italy (source: Enel Green Power)Enel Green Power (Enel) has announced an investment plant of EUR 3 billion for the geotherm…

Electric Vehicle Battery

Hyundai and LG Energy Solution up US Investment for Battery JV

Hyundai Motor Group and LG Energy Solution (LGES) will invest an additional $2 billion in their battery cell manufacturing joint venture (JV) at the Metaplant i…

Hydrogen Technology

Could Nuclear Hydrogen Be a Game Changer Worth Trillions?

New technology is making carbon emission-free pink H2 possible at a very large scale.The US Department of Energy (DOE) is placing a major focus on nuclear hydro…

Offshore Wind Power

Orsted Shares Fall 20% As It Faces $2.3 Billion Risk

Danish energy company Orsted saw its share price fall 20% after the company announced it faces a $2.3 billion loss in value in its US operations due to supply c…

Offshore Wind Power

Ørsted Anticipates Impairments of up to Eur 2.15 Billion on US Portfolio

The world’s leading offshore wind developer, Ørsted, could book impairments of DKK 16 billion (EUR 2.15 billion) on its US portfolio due to adverse…

Coal Production

Poland Keeps Coal Exit Target as Top Utility Seeks Quicker Carbon Neutrality

Smoke and steam billow from Belchatow Power Station, Europe's largest coal-fired power plant powered by lignite, in Zlobnica, Poland October 20, 2022. REUTE…

Renewable Energy

Malaysia Unveils RM2 Billion Fund to Propel Shift to Renewable Energy

Malaysian Prime Minister Datuk Seri Anwar Ibrahim recently emphasised that the country’s progress will heavily rely on alternative energy sources and stro…

Renewable Energy

Southeast Asia's $100 Billion Opportunity for Green Mobility, Clean Power

In Southeast Asia, including Vietnam, low-carbon mobility and clean power have the potential to contribute $90 billion to $100 billion in revenues by 2030.Accor…

Electric Vehicles

Tesla Supercharger Network to Become $10 to $20 Billion a Year Business, Says Wedbush

A Wedbush analyst is estimating that Tesla’s Supercharger network will become a $10 to $20 billion a year business by the end of the decade.When Tesla fir…

Hydropower Plant

Sabah to Build RM4B Hydroelectric Dam in Ulu Padas, Tenom to Resolve Water Woes

Pix credit: Hajiji Haji Noor FBPAPAR: The Sabah government will build a RM4 billion hydroelectric dam in Ulu Padas, Tenom as a long-term solution to the water w…

Energy Storage Project

SK on to Invest up to KRW 1.5t (Us$1.1b) In Battery Manufacturing Expansion in Seosan City

SK On will make a KRW 1.5-trillion (US$1.1-billion) investment in its domestic battery production base in Seosan, South Korea, paving the way for the completion…

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…