Ces

World Bank to abandon goal to devote 45% of lending resources to climate change projects

The World Bank Group said on June 29 it will "retire" its previous goal ‌to devote 45% of its annual lending resources to projects with climate co-benefits…

Denmark

Hy2gen announces support for renewable hydrogen project from European Hydrogen Bank

Hy2gen Nordic AS, a subsidiary of the global renewable hydrogen producer Hy2gen AG announced on June 25 that its Albatros renewable hydrogen project has been se…

United States

US announces $17.5 billion in loans for nuclear power supply chain

The ​U.S. Department of Energy announced on June 23 $17.5 billion in conditional loans for utilities and energy companies to purchase ‌parts needed to strengt…

Germany

PNE brings online 18-MW wind farm in Germany

The PNE Group has successfully commissioned the Gnutz Ost wind farm in Schleswig-Holstein. It comprises three modern wind turbines with a total installed capaci…

United States

New York governor announces completion of Smart Path Connect grid project

New York Governor Kathy Hochul announced on June 22 the ​completion of the 100-mile Smart ‌Path Connect transmission project, a major grid upgrade expecte…

Oil & Gas Trade

S. Korea, Saudi Arabia sign agreement on crude oil, gas cooperation

South Korea and Saudi Arabia have signed an agreement to seek cooperation in the energy resources industry, including crude oil and natural gas, amid recent vol…

Malaysia

Weng Yat To Supply Biomass To Japan, Targets RM60 Mil Annual Revenue

MALAYSIAN biomass producer Weng Yat Resources Sdn Bhd has sealed a deal to build a biomass supply platform for Japan with more than RM60 mil in the annual reven…

United States

Green Service Insulation Expands Residential Insulation Services Across South Florida to Help Homeowners Reduce Energy Costs

Green Service Insulation, a leading insulation solutions provider based in Hollywood, Florida, announced on June 10 the expansion of its residential insulation …

United States

Trump announces $700M coal industry investment, supporting Wyoming mines

Gov. Mark Gordon joined President Donald Trump in the Oval Office as the president announced a $700 million investment intended to support the nation’s cl…

United States

Google, Voltus partner on US power grid project

Google and Voltus announced a three-year agreement to unlock up to 100 megawatts (MW) of new electricity capacity from flexible distributed energy resources in …

United States

SEG Solar announces third US solar panel factory in Texas

U.S. solar panel maker SEG Solar on ​June 1 announced plans for a third ‌major factory in Texas to serve demand for American-made clean energy ​equipment…

Nigeria

Nigeria signs $1.5b Katsina-Ala hydropower concession in major African PPP milestone

The Federal Government signed the Concession Agreement for the Grand Katsina-Ala Hydropower Project.This was just as it formally appointed Maverick Energy Partn…

India

Coal India asks units to ramp up supplies as heatwave fuels record power demand

State-run Coal India has asked its subsidiaries to ramp up coal supplies to power plants to ​avoid shortages as the country's power demand hits a record &z…

Laos

Laos Signs Concession for 80MW Xekaman 4 Hydropower Project to Export Power to Vietnam

Laos has formalized a build-operate-transfer (BOT) concession for the 80-megawatt Xekaman 4 Hydropower Project in Sekong province, with all electricity generate…

United States

Reports Say NextEra in Talks to Acquire Dominion Energy

NextEra Energy, one of the largest power companies in the United States, is in advanced talks to acquire Dominion Energy, in a deal that could transform the pow…