Dec

Solar Materials

Xinyi Solar Projects Steep Profit Decline in 2024

Xinyi Solar says it expects a 70% to 80% profit decline for the year ending Dec. 31, 2024, due to low market prices, higher plant suspension costs, and inventor…

United States

New York Fires $75 Billion Shot for Big Oil to Foot the Landmark Climate‘Superfund’ Bill

As the climate crisis continues to wreak havoc across the globe, New York has taken decisive action to hold fossil fuel players accountable for their pollution …

Floating Offshore Wind

Akselos and Sener Collaborate on Floating Offshore Wind Foundation

Akselos has announced its collaboration with the engineering and technology group Sener on the DECIMAP project. This partnership aims to redefine the design and…

Natural Gas

Russia Ready to Export Gas to EU via Routes Bypassing Ukraine, Official Claims

Russia is ready to supply natural gas to Europe through alternative routes bypassing Ukraine, Russian Deputy Prime Minister Alexander Novak claimed on Dec. 25 o…

India

Petroleum Import Declines, Worth Rs. 101BN Imported in Five Months of FY 2024/25

The import of petroleum products has decreased during the first five months of the current fiscal year 2024/25.According to latest trade statistics of the Depar…

Energy Storage Project

Brenmiller’s bGen™ Zero Selected to Power Thermal Energy Storage Project

Brenmiller Energy Ltd. announced that its bGen™ ZERO TES has been selected to anchor a clean energy project being developed by Recursos de la Biomasa (REB…

France

European Electricity Market Prices Rose Over Christmas Week as Wind Power Fell and Gas Rose

In the fourth week of December, prices in most major European electricity markets rose, exceeding €100/MWh on a weekly average. These rises were driven by …

Solar Technology

New Tech to Reduce Oxygen Defects in Czochralski Wafers

Research from the Chin-Yi University of Technology in Taiwan revealed a novel heater design in the Czochralski silicon crystal growth process that can control a…

Electric Vehicles

Xiaomi Wants to Become A Top 5 Automaker Globally

Xiaomi’s entrance into the EV market has been one of the stories of the year. The #2 smartphone seller in the world decided it can make electric cars as w…

Crude Oil

Nigeria’s 2 Million Bpd Oil Production Target Under Threat

The Central Bank of Nigeria (CBN) has raised concerns about the ageing pipeline infrastructure and operational inefficiencies, identifying them as key factors r…

Crude Oil

US Crude Oil Stocks Fall for Fifth Straight Week

US crude oil inventories decreased during the week ended Dec. 27, marking their fifth consecutive weekly decline.Data released today, Dec. 27, by the US Energy …

Natural Gas

Petrobras Informs About New Law for the Oil and Gas Sector

Petrobras informs that the Brazilian government enacted Law 15,075/2024, dated December 26, 2024, which addresses the possibility of transfer of local content s…

Ethanol

Ethanol Production up Slightly, Stocks up 2%, Exports up 2%

U.S. fuel ethanol production was up slightly the week ending Dec. 20, according to data released by the U.S. Energy Information Administration on Dec. 27. Ethan…

Green Hydrogen

NTPC Leads Green Hydrogen Revolution in Odisha with New Mobility Initiatives

State-run NTPC has taken a significant step toward green energy development in Odisha by signing a Memorandum of Understanding (MoU) with GRIDCO and the Capital…

Wind Farm

Argentina: Historic Record in Wind Power With 68 Wind Farms in Operation

Wind farms in Argentina. Although the history of wind farms in Argentina has several decades already, its boom began about 10 years ago, with the help of the Re…