Bill

LNG

Final Investment Decision Delay for $2.4 Billion Canadian Lng Project

The final investment decision has been pushed back for the US$2.4 billion greenfield Cedar floating liquefied natural gas (FLNG) project in Canada, after the pa…

Renewable Energy

India's Adani Energy Solutions Gets Financial Closure for $1 Bln Project

A logo of the Adani Group is seen on a commercial complex in Mumbai, India, February 7, 2023. REUTERS/Francis Mascarenhas/File PhotoMUMBAI, Aug 7 (Reuters) - In…

Nuclear Power Plant (NPP)

Iran's Bushehr Nuclear Plant's Output Exceeds 60 BN KW/H

TEHRAN, Aug. 07 (MNA) – Total electricity produced at Iran’s only nuclear power plant after some 12 years of activity has reached 60 billion kilowat…

Wind Turbine

Siemens Energy CEO on $2.4 Billion Wind Turbine Hit: We Were 'Going Too Fast' With New Products

A Siemens Gamesa blade factory on the banks of the River Humber in Hull, England on October 11, 2021.Siemens Energy CEO Christian Bruch said Monday that the com…

Thermal Coal

China Has Approved More Than 50 Gigawatts of New Coal Power

China’s coal output increased 9% to 4.5 billion tons last year.China approved more than 50 gigawatts of new coal power in the first half of 2023.The globa…

Electricity Transmission

Floating Power Plants Market to Hit Us$ 3.8 Billion by 2033 | fact.mr Report

Rockville , Aug. 06, 2023 (GLOBE NEWSWIRE) -- According to the latest market study by Fact.MR, the global floating power plants market is predicted to increase …

Renewable Energy

Clean Energy Vessels Propel Yangzijiang Shipbuilding’s Soaring Orderbook to $14.70 Bln

In the midst of a thriving shipbuilding upcycle fueled by the global decarbonization drive, Singapore-listed shipbuilder Yangzijiang Shipbuilding has secured a …

Electric Vehicle Battery

Craze for Anything EV Sends Steelmaker on $18 Billion Ride

POSCO technician in flame retardant protective gear at blast furnace in Pohang, South Korea. Image: worldsteel / Seong Joon ChoThe frenzy surrounding all things…

LNG

Modules Construction Starts for $5.1 Billion Canadian LNG Project

Qingdao McDermott Wuchuan Offshore Engineering (QMW), the joint venture between US contractor McDermott and China State Shipbuilding Corporation, has started co…

Solar Power Plant

Ingeteam Sells O&M Division to Res Group

UK-based multinational renewable energy company RES Group has acquired the service division of Spain's Ingeteam, in a move that gives RES approximately 35 G…

Oil Exploration

Totalenergies' $27BN Bet on Iraq Boosts Ailing Oil Industry

Pouyanne at the signing ceremony for the dealTotalEnergies’ signing of a long-stalled $27 billion deal to develop several energy-related projects in Iraq …

Wind Turbine

Siemens Gamesa Turbine Woes to Cost Less Than 2 Bln Euros - Source

Siemens Gamesa's troubles with its onshore wind turbines should cost parent company Siemens Energy (ENR1n.DE) less than 2 billion euros ($2.19 billion), a s…

Nuclear Power Plant (NPP)

China Approves Six Nuclear Reactors at $17 Billion Investment

China’s State Council approved six new nuclear reactors as it continues to expand the world’s biggest pipeline of new atomic energy projects.Two uni…

Hydropower Plant

Maine Hydropower Corridor Will Resume Construction Despite Big Jump in Cost, CEO Says

Construction in Maine will resume next week on an electricity transmission project bringing Canadian hydropower to the New England power grid despite a half-bil…

Wind Farm

China's Installed Capacity of Renewable Energy Hits 1.32 Bln KW

China’s installed capacity of renewable energy hit 1.32 billion kilowatts by the end of June, exceeding the coal-fired power generating capacity, accordin…