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Dec
Oil Price
Saudi Arabia Cuts Oil Prices to Asia to Four-Month Low
On Sunday, Saudi Arabia, a leading global oil exporter, reduced crude oil prices for Asian buyers for May deliveries, setting them at the lowest level in four m…
Photovoltaic (PV)
Italy Launches Second Agrivoltaics Tender
Italy’s energy agency, Gestore dei Servizi Energetici (GSE), has launched a second agrivoltaic tender, allocating €323 million from funds remaining a…
Electric Vehicles
Tesla’s Electric Car Sales Decline Deepens in Europe
In the first two months of 2025, Tesla faced significant challenges in Europe, with a 43% decline in sales compared to 2024. Despite this, electric vehicle sale…
Solar Module
US Solar Module Prices Rise as Market Absorbs Tariffs
The solar module market in the U.S. saw a notable price increase in December 2024, with prices rising by $0.01 per watt to $0.26 per watt. This marks the first …
Photovoltaic (PV)
Tesla Powerwall Demand Declines on Negative Sentiment Toward Musk
Tesla’s stock has dropped nearly 50% from its peak in December, erasing the gains it saw after the U.S. election results. The decline follows challenges t…
Coal-Fired Power Plants
Finland’s Last Active Coal-Fired Power and Heat Plant Shuts Down
Finland's last coal-fired power and heat plant is set to shut down on Tuesday, enabling Helsinki energy group Helen to reduce emissions and lower energy cos…
Photovoltaic (PV)
Israel Installs 900 MW of PV Capacity in 2024
Israel has made significant strides in expanding its renewable energy sector in 2024. The country installed 900 MW of photovoltaic (PV) capacity and 11 MW of bi…
Natural Gas
BpTT Advances Upstream Strategy With Ginger Gas Project Approval
The British company BP (bpTT) has achieved a significant milestone by finalising the investment decision (FID) on the Ginger gas development. This marks progres…
Nuclear Power Plant (NPP)
Duke Energy Receives Approval to Extend Operations at Oconee Nuclear Plant
Duke Energy has recently been granted a 20-year renewal of the license for its Oconee nuclear power plant in South Carolina. This decision comes after a long pe…
CCS
Northern Lights CCS Project Secures $710M for Phase Two Expansion
Equinor, Shell, and TotalEnergies have decided to invest NOK7.5bn ($710m) in the next phase of the Northern Lights carbon capture and storage (CCS) project.The …
Energy Storage Project
Totalenergies to Invest in German Storage
TotalEnergies has made investment decisions for six battery storage projects in Germany, totalling 221MW of new capacity and an outlay of €160m.These proje…
Photovoltaic (PV)
Quanta to Build Solar Farms for Stellantis
Quanta Energy will build solar farms for Stellantis with a total capacity of almost 58MW.The automotive company, owner of brands such as Citroën, Fiat and …
Photovoltaic (PV)
Brazil’s PV Capacity Hits 55 GW
Brazil’s installed solar capacity has reached 55 GW, according to new data from the Brazilian Solar Energy Association (ABSolar).At the end of December, c…
Biofuel
EIA: Densified Biomass Fuel Sales at 920,000 Tons in December
U.S. manufacturers produced approximately 900,000 tons of densified biomass fuels in December, according to the March edition of the U.S. Energy Information Adm…
Offshore Wind Power
Vattenfall to Build Germany’s Largest Offshore Wind Farm
Swedish power utility Vattenfall said on Tuesday it has made a final investment decision for two wind farm projects in the German North Sea, Nordlicht 1 and 2, …
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