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Energy Investment

Germany Announces €1.2 bn to Help India Fight Climate Change

The IPCC released earlier this year found that both India and Germany will suffer more extreme events due to climate change.

Nuclear Reactor

Holtec and Hyundai Finalise SMR Design and Deployment Agreement

Holtec International has finalised an agreement with Hyundai Engineering & Construction of South Korea for the turnkey supply of Holtec's SMR-160 small modular …

Hydrogen Project

Townsville, Australia, to Transition Into a Hydrogen Powerhouse with New MoU

Townsville, Australia, could become a hydrogen powerhouse with Edify signing a memorandum of understanding today to investigate the feasibility of exporting hyd…

Crude Oil

Russia’s Oil Reserves Are Becoming Increasingly Hard To Recover

Nearly all of Russia’s oil production will consist of the so-called hard-to-recover crude reserves unless the country speeds up and incentivizes exploration

Hydrogen Project

H2 Technologies to Contribute to Carbon Neutrality

A new UN Policy Brief shows that hydrogen technologies can contribute to carbon neutrality if the current production of hydrogen will shift from fossil-fuel to …

Wind Power Project

Finland’s Energy Transition to Accelerate with Country’s Largest Wind Power Project of 455MW

The 455MW Lestijärvi wind farm with Swedish developer OX2 is due to be installed in 2024.

Energy Technology

China: New Sinopec Downstream Technology Process Developed

China's Sinopec has developed a steam-cracking technology to convert oil directly into high-demand petrochemical products such as ethylene and propylene, cuttin…

Solar Power Plant

Bangladesh’s Largest Solar Plant Due Online Next Month

The $143 million, 280-acre project in southwestern Bangladesh will have a generation capacity of 100 MW thanks to 250,000 Longi Hi-MO5 modules.

Hydrogen Project

US to Spend $9.5bn to Build Out 'Clean' Hydrogen

The infrastructure package will be a welcome boost for the US hydrogen industry, but more ambitious proposals are in a pending budget bill, writes Chris Knight

Hydrogen Project

SK to Build World’s Largest Blue Hydrogen Plant

The annual production and the total project cost are estimated at 250,000 tons and 5.3 trillion won, respectively. In addition, 100 hydrogen charging stations w…

Solar Power Plant

First Solar Signs Multi-Year Deals for 5.4 GW of Modules

Lightsource bp and bp placed orders for around 4.4 GWdc of modules, with options for an additional 1 GWdc.

Nuclear Reactor

KSTAR Nuclear Fusion Reactor Further Improved

The National Fusion Research Institute announced on Nov. 22 that its plasma operation at 100 million degrees Celsius, an essential requirement for nuclear fusio…

Hydrogen Project

INNIO and Hyosung to Deploy APACs First 100% Hydrogen Power Plant

Austrian gas engine manufacturer INNIO has been selected by South Korea’s Hyosung Heavy Industries to provide its technology for a pilot hydrogen power plant t…

Oil Field

Repsol Shuts in Yme Field Only Weeks After Start-Up

Spanish oil and gas company Repsol has been forced to halt production from its Yme field off Norway, less than a month after the oil production started.

Crude Oil

OPEC Considers Lowering Production to Account for Oil Reserve Releases

OPEC and its allies may re-evaluate plans for reviving oil supplies if the world’s four largest consuming countries go ahead with a co-ordinated release of the…