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Oil Price

New Iran Nuclear Deal May Completely Derail Oil Price Rally

The U.S. has agreed to a tentative removal of key sanctions in the oil, gas, petrochemicals and automotive sectors, plus some of those on Iran’s banking sector…

Nuclear Power Plant

Vattenfall Invests $1.2 Mln in Estonian Nuclear Energy Start-Up Fermi Energia

Swedish state-owned utility group Vattenfall Group AB said Monday that it has agreed with Estonian nuclear-energy start-up Fermi Energia to become a minority sh…

Hydropower Plant

Hitachi ABB to Supply Tech for Dubai Pumped Storage Hydro Plant

Hitachi ABB Power Grids will supply ANDRITZ Hydro with state-of-the-art technology for grid connection and stabilization for a unique pumped storage hydroelect…

Energy Storage Battery

Europe’s Largest Shipbuilder Wants to Set up 2 GWh Lithium-ion Battery Production

Italy’s Fincantieri has joined forces with Faist Group to produce lithium-ion batteries. Through the joint venture Power4Future, the two companies want to reac…

Oil Price

Oil Prices Stay Firm As Demand to Outstrip Supply in H2

Oil prices climbed in early Asian trade on Monday, underpinned by the bright outlook for fuel demand growth in the next quarter, while investors looked ahead to…

Hydrogen Storage

ESB and dCarbonX to Collaborate on Subsea Hydrogen Storage off Ireland

Irish utility ESB and UK-based geo-energy resource company dCarbonX have signed a memorandum of understanding for the joint assessment and development of Irish …

Hydrogen Project

The CWP Global Group Sets up in Mauritania to Develop a 30 Gigawatt Green Hydrogen Plant

The group has signed a memorandum of understanding to this end with the Mauritanian government.

Nuclear Equipment

KHNP Lands Orders to Supply Equipment to Romanian Nuclear Power Plants

Korea Hydro and Nuclear Power announced on May 27 that it has been selected as the final supplier in the UPS Voltage Stabilizer Supply Project for Chernaboda Nu…

Nuclear Power Plant

NuScale Signs Agreements at Home and Abroad

Japanese heavy-industry engineering and manufacturing company IHI Corporation is to invest in small modular reactor developer NuScale Power and become a strateg…

Oil Refinery

South Africa: Engen To Convert Durban Refinery to Terminal

As expected, Engen announced that it will be progressing plans to convert its 120,000 bbl/d refinery in Durban, South Africa into a terminal, as the refinery is…

Hydrogen Project

Mitsubishi, H2V Industry, Hydrogen Pro Sign MoU to Develop Hydrogen Projects

Mitsubishi, H2V Industry and HydrogenPro have entered into a memorandum of understanding today to form a consortium that will develop and deliver green hydrogen…

Power Cable

Germany, Norway Flip Switch on $2.4 billion Undersea Energy Link

The 2-billion-euro project, called Nordlink, will allow Germany to export excess electricity from its wind parks to Norway, effectively banking it in Nordic nat…

Solar Technology

Holographic Light Collector to Improve Solar Panel Yield

In the proposed system, the optical element is placed symmetrically at the center of the solar panel in order to increase the length of the effective light coll…

Wind Farm

Siemens Gamesa to Supply Largest Wind Farm in the Philippines

The 160 MW order with renewable players UPC Renewables and AC Energy Corporation marks turnaround in wind projects in the Philippines following suspension of ne…

Hydro Generator Unit

GE Launches Remote Inspection Tech for Hydro Turbines

GE Renewable Energy has launched equipment to perform underwater hydropower turbine inspections using remote operated vehicles.