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EV Market
Tesla Now Worth more than Exxon Mobil, Shell and BP Combined
Nothing slows down Tesla on its rise. Last Thursday, the action of the firm reached the symbolic mark of 2,000 dollars
Power Construction
South Africa Seeks to Boost Grid System with Dispatchable Power
South Africa has been experiencing power supply issues and is now looking into available options including dispatchable power to boost the grid.
Power Construction
Another 500MVA Transformer Unit to Aid in Supporting Eskom Grid
In South Africa, a local Pretoria-based transformer manufacturer’s high voltage unit effectively passed all factory acceptance tests at the end of July.
Market Analysis
Australia's Renewable Generation Breaks Record at 11.7GW
It has commissioned five solar and wind farms in the past six months.
Oil Field
Brazil's Petrobras Puts Another Small Refinery and 26 Oilfields on the Block
Brazil's Petrobras has initiated the sale process for a group of 26 onshore and shallow water oilfields and a small nearby refinery in the northeastern part of …
Germany
E.ON Further Expands Commitment to Green Gas
Germany multinational energy company E.ON is further expanding its commitment to green gas by joining the European Clean Hydrogen Alliance.
Wind Farm
EDF and ESB Kickstart Construction of £1.8bn NnG Offshore Wind Farm
Energy companies EDF Renewables and ESB have started constructing the first phase of the Neart na Gaoithe (NnG) offshore wind farm in the UK.
Energy Investment
South Korea’s Renewables Investments to Top $46bn By 2030
South Korea’s renewables investments are expected to exceed $46 billion by 2030.
Solar Power Plant
China Three Gorges Europe Acquires Solar Portfolio in Spain
China Three Gorges Europe has reached an agreement to acquire a portfolio of 500 MW of solar PV power plants in Spain.
Energy Investment
Japan Steps up Renewables Investment to Beat 2030 Target
Japan will invest more than $100bn in wind and solar generation before 2030.
Wind Turbine
Buss Energy Acquires Stake in Austria’s Wind Turbines Inspection Firm
German company Buss Energy Group has bought a 24.9% stake in Austrian wind turbine inspection firm Aero Enterprise.
Hydropower Plant
Nine killed as Fire Breaks Out at India’s Srisailam Hydroelectric Plant
Nine people who were trapped inside the Srisailam hydroelectric plant in Telangana, India, were killed when a fire broke out at the facility late last night.
Thermal Plant
Ørsted Announces Inauguration of Asnæs Power Station in Denmark
Danish renewable energy company Ørsted has announced the opening of the Asnæs Power Station, a wood chip-fired power unit in Denmark.
Combined cycle power plant
MHPS to Supply Turbines for 2.4GW Combined Cycle GTCC Plant in UAE
Mitsubishi Hitachi Power Systems has secured a contract to supply three M701 JAC generators for Fujairah F3, a 2.4GW gas turbine combined-cycle plant in the UAE…
Solar Power Plant
Better Energy Building 200 MW of Zero-Subsidy Solar in Denmark
Danish solar power producer Better Energy A/S has started building a 200-MW subsidy-free photovoltaic (PV) park on behalf of Denmark-based Heartland A/S.
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