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Business
Solar Power Plant
South Africa's Businesses Dodge Power Cuts by Investing in Renewables
State utility Eskom said last month that the country faces another five years of supply disruption
South Korea
Hyosung Group’s Market Cap Soars 70% on the Back of Hydrogen Economy
Their prices jumped sharply as the chemical market entered a perfect upward cycle and Hyosung Group expanded its business to the environmental sector, especiall…
Wind Power Project
Ørsted Commences Construction of Largest Onshore Wind Power Project
Ørsted announces final investment decision on the combined wind and solar PV project Helena Energy Center in South Texas and integrates the US trading team int…
Energy Storage Project
Success for MYTILINEOS’ Energy Storage Project in Scotland
MYTILINEOS S.A., through its Renewables and Storage Development Business Unit, has announced that the energisation of the Byers Brae Project in Scotland has bee…
Electric Vehicle Battery
LG Energy Solutions to Invest $4.5 Billion in Electric Vehicle Battery Production in the U.S. Through 2025
LG Energy Solution said on Thursday it plans to invest more than $4.5 billion in its U.S. battery production business through 2025 and add 4,000 jobs as it cons…
Energy Storage Battery
Rosatom Subsidiary Acquires 49% Stake in Korean Power Storage Company
RENERA LLC, Rosatom’s integrator company for the energy storage business has finalized the deal to acquire 49% share of Enertech International Inc, a South Kor…
Energy Storage Project
Trina Solar Launches Storage Arm
Chinese photovoltaic company Trina Solar has launched a new business unit focused on energy storage.
Crude Oil
Digital Technology Powers Adnoc's Plans to Reach 5m bpd Capacity by 2030
Adnoc's Thamama centre generates $1.1bn in business value by leveraging technology
Net Zero Emission
Bank of America to Achieve Net-Zero Emissions Before 2050
The company is committed to deploy $445bn by 2030 under its Environmental Business Initiative
Nuclear Power Plant
Brookfield 'at a Crossroads' on Whether to Sell Westinghouse
Brookfield Business Partners is considering whether to sell Westinghouse Electric Company, the investment company's CEO, Cyrus Madon, said in a conference call …
Energy Investment
CSIRO Receives $1 Million in Funding for Hydrogen Refueling Station As Part of VH2
The $10-million VH2 project is designed to bring researchers, industry partners and businesses together to test, trial and demonstrate new and emerging hydrogen…
Hydrogen Production
Hyosung Heavy Industries to Build World's Largest Liquefied Hydrogen Plant
Hyosung Heavy Industries announced on Feb. 5 that it has signed a joint venture deal with Linde plc, the world’s largest industrial gas company, to promote its…
Solar Power Plant
Engie Commissioned 630 MW of Solar in 2020
The French energy business said PV made up 21% of the 3 GW of new renewables generation capacity it installed last year, with the majority of its total new clea…
Net Zero Emission
Japan’s Inpex Mulls Hydrogen Business Expansion
Japanese upstream firm Inpex plans to enhance its hydrogen business to achieve a 2050 net-zero carbon emissions goal by utilising carbon dioxide capture, utilis…
DNV Merges Oil & Gas and Renewables Arms into New Energy Business
Assurance and risk management company DNV GL is to combine its current Oil & Gas and Power & Renewables businesses into one new arm called Energy Systems.
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