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Business
Coal Mine
Russia's Mechel Sells Main Coal Mine Project to Reduce Debt
Russian steel and coal producer Mechel said on Wednesday it had sold its stake in Russia's Elga coal mine to a local businessman to reduce debt.
Wärtsilä Gains $1M in Funding for Finnish Hydrogen Research
Finnish technology group Wärtsilä has secured one million Euros in funding from Business Finland for a hydrogen research project.
Market Analysis
What Place for Hydrogen? An interview with Professor Armin Schnettler of Siemens
An interview with Professor Armin Schnettler, Executive Vice President and CEO of the New Energy Business at Siemens Energy, on the impact of hydrogen on the gl…
Australian Fossil fuel Lobby to use Covid-19 to Push for Weaker Climate Laws
Australian researchers warn that governments and powerful business lobby groups may use the Covid-19 crisis as an opportunity to water down environmental contro…
Shell Looks To Become Net Zero Energy Company By 2050
Oil supermajor Shell announced on Thursday its ambition to become a net-zero emissions energy business by 2050 at the latest, joining other majors such as BP an…
Hydropower Plant
ABB Equipment to Help Transmit Hydro in China
ABB's Power Grids business has won several major orders to supply advanced HVDC converter transformers and high-voltage equipment for three 800kV.
Nuclear Power Plant
Russia to Assist in Provision of Fuel for El-Debaa Nuclear Power Plant in Egypt
The business development expectations in Egypt include the supply of nuclear fuel to all four power units of the planned 4,800MW El-Debaa nuclear power plant fo…
Nuclear Fusion
Nuclear Energy Could Power The Trillion-Dollar Space Race
While the economy comes to a grinding halt here on Earth, some investors, inventors, and dreamers are looking to the stars for their next business venture.
Offshore Wind Power
No Covid-19 Delay to Offshore Wind Power Auction Delivery, UK Gov Says
The Department for Business, Energy and Industrial Strategy (BEIS) announced that the consultation deadline for its Contracts for Difference (CfD) auction will …
Solar Power Panel
Oil Companies Are Collapsing, but Wind and Solar Energy Keep Growing
The renewable-energy business is expected to keep growing, though more slowly, in contrast to fossil fuel companies, which have been hammered by low oil and gas…
Power Construction
Brazil's Eletrobras Plans to Invest US$6.2bn by 2024
According to its Business and Management Master Plan 2020-2024, Brazilian state-owned power utility Eletrobras plans to invest BRL32.4bn (US$6.2bn) over the per…
Power Transmission Line and Lighting
Tenders are invited for Power transmission line and lighting business will be built
Green Initiatives Almost Derailed The $2 Trillion Stimulus Bill
Oil prices crashed on Monday when the US Senate failed to reach a deal on the Stimulus Bill over the weekend. The idea was to quickly pass legislation that woul…
Market Analysis
State Grid Corp. of China Is Finally Getting Out of Real Estate
State Grid Corp. of China, the country’s largest electricity distributor, is planning to exit the real estate business, nearly a decade after its primary overs…
Nuclear Fuel
Orano Sees 10 More Years for Niger Uranium Project
France intends to ensure the continuity of uranium production in northern Niger, Nicolas Maes, head of Orano's mining business unit, said following an 11 March …
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