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United States

Virginia Transformer Considers $6 Billion Sale

Transformers and power transmission lines.Virginia Transformer Corp. is exploring a sale that could value the US transformer manufacturer at more than $6 billio…

Microgrid

California Electricity Aggregator Targets Low-Income Customers With Its First Virtual Power Plant

The Clean Power Alliance (CPA), one of California’s largest Community Choice electricity aggregators and green energy suppliers, is partnering with climat…

Carbon Emissions

HK Electric Drives Energy Transition for a Greener Future

For over a century, HK Electric has been dedicated to delivering safe, reliable, clean and affordable electricity to customers on Hong Kong Island and Lamma Isl…

Wind Turbine

GE Vernova to Provide Onshore Turbines for Eurus Wind Projects in Japan

GE Vernova has confirmed an order to provide 14 4.2MW-117m turbines for the Iwaya and Shitsukari wind farms being developed by Eurus near Higashidori in Japan.T…

Nuclear Power Plant (NPP)

Finland Backs Nuclear Plant Extension

Amid energy security concerns, Russia’s neighbour Finland has extended the life of its oldest nuclear plant.The Loviisa nuclear power plant, operated by F…

Crude Oil

Dangote Refinery Builds Eight More Tanks for Imported Crude

The Dangote Petroleum Refinery is building eight more tanks in its bid to have enough storage for imported crude oil.A report by Africa Report has it that the r…

Electricity Transmission

KKR and PSP to Buy AEP Transmission Stake for $2.8 Billion

American Electric Power Co. agreed to sell a minority stake in its transmission business to KKR & Co. and Canada’s PSP Investments for $2.8 billion.The in…

Wind Farm

Share of Electricity From Wind Fell Last Year as National Grid Is Not ‘Strong Enough'

Wind energy provided 41% of electricity in December, making it the second-best December on record.Ireland reached a new milestone of passing 5,000 MW of install…

China

China Predicted to Grow Global Polypropylene Capacity

GlobalData’s latest report, ‘Polypropylene Industry Capacity and Capital Expenditure Forecasts with Details of Active and Planned Plants to 2028,&rs…

Solar project

LS Power Acquires Algonquin Power’s Renewable Energy Business

The acquired US and Canadian assets include 44 projects with more than 3GW of generating capacity.Energy infrastructure development and operating company LS Pow…

Photovoltaic （PV）

Korean Scientists Build PV-Powered Supercapacitor With 35.5 Wh/Kg Energy Density

Researchers at the Daegu Gyeongbuk Institute of Science and Technology (DGIST) in South Korea have developed a faradaic supercapacitor that can reportedly achie…

Hydropower Plant

New Transformer Boosts Capacity at ManapōUri Power Station

Intake of Manapouri hydroelectric power station at Lake ManapouriMeridian Energy has completed the commissioning of a new transformer at the Manapōuri Power St…

Biorefinery

Section 45Y, 45E Final Rules Miss the Mark on Biomass, Biogas Power

The U.S. Department of Treasury and Internal Revenue Service on Jan. 7 released final rules for the 45Y and 48E clean electricity investment and production tax …

Oil Price

Price of Azerbaijani Oil Takes Nosedive

The price of Azerbaijan’s Azeri Light crude oil on a CIF basis in the Italian port of Augusta decreased by 91 cents on January 8 compared to the previous …

Nuclear Power Plant (NPP)

Energy Chief: Estonia Must Invest in Nuclear Power for a Future-Proof Grid

The cornerstone of Estonia's economy is a reliable, clean, and affordable electricity supply, something which requires wise investment decisions from the st…