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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…

Coal Production

Iran Holds 1.5 Billion Tons of Coal Reserves

TEHRAN – The secretary of Iran Coal Association has said the country holds 1.5 billion tons of definite coal reserves which is enough to meet the country&…

Oil Price

Kuwait Petroleum Corporation Posts Net Profit of $8.5 Billion in Last Fiscal Year

Kuwait Petroleum Corporation and its subsidiaries posted a net profit of more than 2.6 billion Kuwaiti dinars ($8.48 billion) in the last fiscal year, the highe…

Renewable Energy

Capital Energy to Sell $1 Billion Renewable Energy Portfolio, Sources Say

Power-generating windmill turbines are pictured at a wind park in the Serra da Capelada, near Ferrol, Galicia, Spain April 13, 2023. REUTERS/Nacho Doce/File Pho…

Electric Vehicles

BYD Mulls Dropping $1 Billion EV Joint Venture in India Following Government Scrutiny

After submitting a proposal to the government in India alongside its local joint venture partner this past spring, Build Your Dreams (BYD) is reportedly shelvin…

Coal Production

Coal Companies Announce Strong Profit Results in Q2

A coal mine in the northern province of Quang Ninh. Photo courtesy of VinacominVietnamese coal enterprises prospered in the second quarter due to the high deman…

Oil & Gas Supply

Australian State Bans Gas to New Homes From 2024

SYDNEY: The Australian state of Victoria will ban natural gas connections to new homes from next year as part of a plan to cut emissions and lower energy bills,…

Wind Farm

New Jersey Residents Challenge Orsted Offshore Wind Farm's $1 Billion Subsidy

Electric power transmission pylon miniatures and Orsted logo are seen in this illustration taken, December 9, 2022. REUTERS/Dado RuvicNew Jersey residents have …

Photovoltaic （PV）

RCT Solutions to Open 10 GW Solar Module Factory in Canada

RCT Solutions says it plans to invest CAD 3 billion ($2.26 billion) in a 10 GW solar module factory in Manitoba, Canada. The Manitoba provincial government said…

Substation

The global substation automation market is expected to be valued at US$ 55.69 Billion by 2032 | Future Market Insights Inc.

The global substation automation market is expected to be valued at US$ 29.12 Billion in 2022. With the increasing demand for electric and hybrid vehicles, coup…