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Market Analysis

Electric Vehicle Batteries: A Market Report

The electric vehicle battery market is growing rapidly as the demand for electric vehicles increases. According to some estimates, the global market for electri…

LNG

LNG Floating Terminal Will Supply New 840-Mw Gas-Fired Plant in Greece

A joint venture featuring three energy companies is developing an 840-MW natural gas-fired power plant at the Aegean port of Alexandroupolis, Greece. The plant …

Pumped Storage

GE Connects All Units at Jinzhai Pumped Storage Hydro Power Plant in China

In line with the planned schedule, all units of the Jinzhai pumped storage power plant have now been successfully connected to grid and completed 15 days of tri…

HVDC

Medium Voltage Drives Market reaching US$ 2.26 Bn by 2032 - Comprehensive Research Report by FMI

In 2021, the medium voltage drives market was valued at more than USD 1.5 billion, and it is expected to grow at a CAGR of around 3.8% between 2022 and 2032.Gro…

Oil & Gas Trade

Libya’s Oil Ministry Rejects Key Noc-Eni Gas Deal

Libya's oil ministry has rejected the $8bn offshore gas projects deal signed between the country's state-owned NOC and Italy's Eni on 28 January, sa…

World Energy Outlook

Generator Sales Market to Be Worth US$ 28.6 Billion by The Year 2032 - Comprehensive Research Report by FMI

As per a recent global study on Generator Sales Market by Future Market Insights, the industry is expected to reach US$ 28.6 billion in 2027, up from US$ 21.6 b…

South Korea

3 Korean EV Battery Makers’ Order Backlog to Top KRW1,000tn in 2023

The combined operating profit of LG Energy Solution, Samsung SDI and SK On is estimated to exceed five trillion won this year.That of LG Energy Solution is expe…

Energy Investment

CGGC INTERNATIONAL LTD. plans to invest US $10 billion in infrastructure projects in Iraq

A major Chinese conglomerate has offered to invest nearly 10 billion in infrastructure projects in the Autonomous Kurdistan region in North Iraq, an official ha…

Solar Power Plant

Household Solar Power Systems Overload Cyprus Electricity Grid

Some small photovoltaic plants were disconnected from the grid in Cyprus for the first time in an emergency intervention to prevent network overload. The countr…

Nuclear Power Plant

Second Unit of Krško Nuclear Power Plant Projected to Come Online in 2035

The second reactor in the Krško nuclear power plant in Slovenia could be in operation in 2035, according to its operator GEN energija. However, permits f…

Biofuel

U.S. Department of Energy Awards $118 Million to Accelerate Domestic Biofuel Production

The U.S. Department of Energy (DOE) today (Jan 26) announced $118 million in funding for 17 projects to accelerate the production of sustainable biofuels for Am…

United States

Chevron Venezuela Output up by 40,000 B/D

Chevron said its crude output in Venezuela has risen by about 40,000 b/d to reach 90,000 b/d since US sanctions were eased against the country late last year, w…

Geothermal Power Plant

Le Chesnay-Rocquencourt, France to Be Supplied With Geothermal Heating by 2025

Mignot Hospital, Le Chesnay-Rocquencourt, Yvelines, France (source: Département des Yvelines / flilckr, Creative Commons)A geothermal heating project in …

Market Analysis

Hydrogen Fuel Cell Market size is expected to grow USD 78,629.5 million by 2030

According to the Market Statsville Group (MSG), the global Hydrogen Fuel Cell Market size is expected to grow from USD 14,573 million in 2021 to USD 78,629.5 mi…

Hydrogen Fuel Cell

Zeroavia’s Largest Hydrogen Plane Successfully Completes Test Flight

This test flight is a significant step toward zero-emission passenger flight.ZeroAvia conducted a test flight of its Dornier 228 testbed hydrogen plane aircraft…