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Energy Storage Battery

Lithium-ion Battery Costs Continue to Decline

Lithium-ion battery costs have declined by almost 100% since their introduction 30 years ago, new study shows.

Hydrogen Project

Germany's GICON Inks Green Energy MoU with Vietnam Petroleum Institute

Germany-based energy-sector engineering group GICON and the Vietnam Petroleum Institute have recently signed a memorandum of understanding to establish a collab…

Solar Technology

Saudi Arabia Aims for 50% Renewable Energy by 2030, Backs Huge Tree Planting Initiative

The target will require huge investments in solar technologies, experts warn, as less than 1% of the oil producing nation’s energy comes from renewables

Wind Power Project

Vietnam Plans to Double Wind Power Generation by 2030

A power development plan published by Vietnam’s Ministry of Industry and Trade foresees a doubling of wind energy production by 2030 and a tripling of renewabl…

Transformer

First Philec to Produce ‘Green’ Transformers

First Philec Inc., The Philippines’ largest transformer manufacturer, has announced the launch of green transformers made from 100 percent recyclable and biode…

Oil & Gas Supply

OPEC Cuts Global Oil Demand Estimates Ahead of Production Decision

A panel of OPEC+ technical experts agreed to revise down oil-demand estimates for 2021, signaling a more negative view of the market just days before the group …

Oil & Gas Supply

U.S. Calls On Saudi Arabia To Ensure Supply Of Affordable Energy

The United States has called on Saudi Arabia to make sure there is “affordable energy” supply in the world, ahead of today’s OPEC+ meeting where the cartel w…

Nuclear Reactor

US Scientists Introduce New Fusion Reactor Concept

The Compact Advanced Tokamak concept enables a higher-performance, self-sustaining configuration that holds energy more efficiently, allowing it to be built at …

Hydrogen Project

Turkey has Green Hydrogen Potential of 1.6 million tons per year

The SHURA Energy Transition Center found Turkey can produce as much as 1.6 million tons of hydrogen per year with power supply from renewable sources, substitut…

Energy Subsidies

FBiH Government Abandons Plan to Extend Subsidies for SHPPs for another 33 years

The idea was to approve it after the expiration of a period of 12 years during which they receive subsidies in the form of feed-in tariffs.

Cooperation case

Iraq Signs Deal with France's Total on 4 Energy Projects

The Iraqi Ministry of Oil announced on Monday the signing of an initial agreement with French oil and gas company Total to build giant infrastructures, develop …

Net Zero Emission

Global Leaders get Real about Net Zero Goals at IEA Summit

Top international energy and climate leaders from more than 40 countries took part in the IEA-COP26 Net Zero Summit to identify how to work together to reduce g…

Oil Price

Oil Prices Rise as Opec+ Agrees to Gradually Increase Supply

The group will increase output by 250,000 bpd in May

Offshore Wind Power

Ampelmann Secures Renewables Contracts in Asia Pacific

Ampelmann, the Dutch offshore access provider, has secured five contracts covering eight projects in the Asia Pacific region, five of which are in the renewable…

Electric Vehicle Battery

China's Dynanonic Builds LFP Battery Plant in Yunnan

Chinese lithium-ion battery material producer Shenzhen Dynanonic is building a 150,000 t/yr lithium-iron-phosphate battery material facility in Qujing city in s…