Cil

Carbon Emissions

Occidental and Blackrock Form JV to Develop World's Largest Direct Air Capture Plant; $550M Investment, 500,000 Tonnes of CO2 per Year

Occidental recently announced that BlackRock will invest $550 million on behalf of clients in the development of STRATOS, the world’s largest Direct Air Captur…

Nuclear Reactor

Saskatchewan Government Announces Microreactor Funding

The province is providing CAD80 million (USD59 million) for the Saskatchewan Research Council to pursue the demonstration of a microreactor in Saskatchewan, wit…

Oil & Gas Trade

Shell's Prelude LNG Facility Expected to Resume Exports Next Month

The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, …

Energy Storage Project

Swedish Utility Plans 100 MW Battery Next Year

Swedish utility Malarenergi and balancing power operator Polar Capacity have agreed to develop a 100 MW battery energy storage park in connection with a combine…

Energy Storage Project

Boosting Renewable Energies in Spain Means Strategic Opportunities for Energy Storage Companies

The outlook for battery storage revenue stacking presented by the president of AEPIBAL suggests that in the early years, batteries will have a significant econo…

Electric Vehicle Battery

Glencore to Build Pilot Battery Recycling Plant Outside of Italy

Glencore’s facility in Portovesme. (Image by Portovesme.)Glencore has decided to build a pilot project for an electric vehicle (EV) battery recycling plan…

Offshore Wind Power

Naturgy Launches a Wind Power and Photovoltaic Plant in Extremadura That Will Supply Renewable Energy to 55,000 Homes

The Merengue II wind farm is the company’s second in the region and the Puerta del Jerte photovoltaic plant, the second of this technology.The two new fac…

Geothermal Power Project

Vulcan to Open Lithium Extraction Optimization Plant in Landau, Germany

Landau geothermal power plant, Germany (source: Claus Ableiter, creative commons)Vulcan Energy is set to open their Lithium Extraction Optimization Plant (LEOP)…

Microgrid

Microgrid model spreads in Massachusetts as cities look to lessen costs, outages

(City Hall and other critical facilities in Chelsea, Massachusetts will be part of a planned microgrid project. Credit: Daderot / Wikimedia Commons)by Sarah She…

Energy Investment

World Business Outlook Awards 2023: Benchmark for Ultimate Business Excellence

World Business Outlook is elated to announce the recipients of the top honours for its 2023 Annual Awards. It is one of the much-anticipated global events that …

Dam

WaterNSW Supporting Regional Towns to Improve Dam Safety

In a significant move towards bolstering dam safety and water quality in regional New South Wales (NSW), WaterNSW has unveiled its Town Water Risk Reduction Pro…

Oil & Gas Technology

Capital Power acquires two natgas-fired power plants in U.S. for $1.1 bln (Nov. 20)

Canadian energy company Capital Power (CPX.TO) said on Monday it was acquiring two U.S.-based natural gas-fired generation facilities in California and Arizona …

Wind Turbine

Capital Energy Receives the Siemens Gamesa Wind Turbines for the la Herrada Wind Farm, in Albacete

The 10 wind turbines of this Capital Energy renewable facility, model SG 5.0 – 145 with 5.2 MW of unit power, will be capable of supplying clean energy to…

Coal Production

S.Africa's Transnet Curbs Coal Trucks at Richards Bay Terminal Due to Congestion

A stacker reclaimer to scoop up and transfer coal into and out of the yard is seen at Africa's largest coal export facility, the Richards Bay Coal Terminal,…

LNG

Capital Power Acquires Two Lng-Fired Power Plants in u.s. For $1.1 Bln

Canadian energy company Capital Power (CPX.TO) said on Monday it was acquiring two U.S.-based natural gas-fired generation facilities in California and Arizona …