Business

Energy Investment

SK Inc. Invests in Monolith, a U.S. Hydrogen Technology Company

SK Inc., the holding company of SK Group, is expediting the expansion of its eco-friendly hydrogen business, a key area of its ESG management.

Wind Power Company

Orsted Plans $57 bln Drive to be No.1 in Green Energy

The Danish firm, which sold its oil and gas business in 2017, has benefited hugely from policies to implement the 2015 Paris Agreement, a collective shot at lim…

Net Zero Emission

Global Investors See New Prospects in China's Net-zero carbon goals

With China on track to achieve its net-zero carbon pledges, global investors are eyeing new green business opportunities from the world's second largest market.

Oil Refinery

Oil Refiners to Begin Olefin Business in 2nd Half of 2021

GS Caltex and Hyundai Oilbank will start operating their olefin facilities in the second half of 2021, signaling a big change in the petrochemical industry.

Thermal Plant

Mitsubishi Power Establishes New Gas Turbine Business in Dubai

The gas turbine combined cycle unit will focus on the sale of J-Series Air Cooled gas turbines, which are capable of operating on a mixture of 30 per cent hydro…

Carbon Emissions

KENYA: Towards the Establishment of a GHG Emissions Trading System

The Kenyan government has approved the establishment of a greenhouse gas emissions trading scheme. The scheme, which is mainly aimed at businesses, is expected …

Microgrid

Solad Connects Thousands of Nigerian Businesses to Reliable Power

Solad Power Group has across its portfolio of minigrids in Nigeria has connected its 10,000th small business to affordable and reliable power, the company recen…

Hydrogen Project

Hyundai Motor Partners with Bloomberg to Promote Hydrogen Campaign

On a quest to accelerate hydrogen mobility-related business, Hyundai Motor Co. is taking one more step towards improving public awareness of the transition towa…

Carbon Pricing

EU Carbon Price Running at Level not Expected Until Next Year

Emissions permits are selling at around €50 per ton, completing a rally from last year’s Covid-driven slump faster than expected by business respondents to th…

Hydrogen Project

Lotte Chemical to Make Foray into Green Hydrogen Business

Lotte Group has decided to enter the hydrogen business to create a new growth driver and at the same time strengthen ESG management.

Electric Vehicle Battery

CATL Expanding Business in the United States

CATL is about to supply lithium iron phosphate batteries to Ohio-based electric vehicle manufacturer Workhorse.

Wind Power Company

Vattenfall Wind Business Records Q1 Earnings Dip

Results affected by unfavourable weather conditions despite new capacity

Natural Gas

South Korean Steelmaker POSCO Defends Myanmar Gas Business

About 20 per cent of the Myanmar gas business was used for local consumption including electricity production, contributing to the lives of ordinary people, it …

Electric Vehicle Battery

SK Innovation Shifts Into Full Gear for EV Battery Biz

Seoul, SK Innovation, South Korea's refinery-to-battery maker, is back in the driver's seat to propel its electric vehicle battery business with stake sales and…

Power Construction

L&T To Design And Construct Two 132/11kV Substations In Dubai

The construction arm of L&T has secured several orders from high profile clients for its various businesses