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Energy Investment

​US DoE Announces Recipients of $128 Million in Solar Innovation Funding

Through the Office of Energy Efficiency and Renewable Energy’s Solar Energy Technologies Office, the DoE will fund 75 innovative research projects that will lo…

Nuclear Power Plant

UK Research And Innovation to Fund Compact Nuclear Power Station

UK Research and Innovation (UKRI) has announced that it has provided initial match funding of £18m for a consortium of companies including BAM Nuttal, Nuclear …

Gas Turbine

​GE & ENMAX to Implement Canada’s First Hybrid Electric Gas Turbine

GE Renewable Energy and ENMAX have announced that they have reached an agreement to upgrade an existing LM6000 Gas Turbine (GT) at ENMAX’s Crossfield Energy C…

Power Construction

​McDonald’s, Apex & Ares Sign Virtual Renewables PPA

McDonald’s, Apex Clean Energy, and Ares Management Corporation’s Infrastructure and Power strategy, have announced a 220 MW virtual renewable power purchase a…

Distributed energy

​Distributed Energy Storage to Grow 20-fold by 2028 Says Study

Navigant Research has released a new report providing market forecasts for newly installed distributed energy storage systems (DESSs) in terms of power capacity…

Hydrogen Technology

​European Research Team Reveals Renewable Hydrogen Technology Breakthrough

The researchers from universities in the UK, Germany, Portugal and Hungary have discovered an electrolysis method that allows them to double the amount of hydro…

Market Analysis

Costs And Financing Key to Europe's Nuclear Future

Nuclear has a place in Europe's energy mix, but rising costs - even if only perceived - need to be addressed to ensure future growth, speakers agreed at the New…

Electric Vehicle Charging

China's Plan: Beat America (And Everyone Else) in Electric Vehicles

Last year, Chinese automakers sold 1.25 million EVs. That's a 62% increase over the previous year. Moreover, there were 808,000 EV chargers in China, including …

Latest Lazard Report：Wind And Solar Will Kill Coal And Nuclear on Costs

The cost of wind and solar continue to decline and are now at the point where they beat, or at least match, even the marginal costs of coal-fired generation and…

Africa must Quadruple Power Investment to Supply Electricity for All

African countries will need to quadruple their rate of investment in their power sectors for the next two decades to bring reliable electricity to all Africans,…

A $202.25m Project Will Focus on Helping Belarus Accelerate Energy Efficiency

The $99.3m in World Bank funding will be coupled with $99.3m from the European Investment Bank and $3.65m from the Global Environmental Facility to implement en…

Coal Power

South Korea Will Decommiss 2.6GW of Coal by 2021

As part of its efforts to reduce air pollution, South Korea will decommission six older coal-fired power units with a total capacity of 2.6 GW by 2021, a year b…

Crude

Equinor Finds New North Sea oil well, Norway's Oil Boom Is Backing

“After a string of recent discoveries, 2019 is shaping up to be the most successful exploration year since 2014 on the Norwegian Continental Shelf (NCS).”

Distributed energy

SunPower Grows Distributed Solar Pipeline to Prepare for 2020 Storage Rollout

SunPower swung to a slight and predicted loss in the third quarter of 2019, amid a yearlong restructuring that’s taken the solar manufacturer and installer out…

Smart Grid

Smart Grid Initiative Will be Focused at Thailand's Future Energy Summit

With Thailand's rapidly developing economy and growing population, it already leads Southeast Asia in renewable energy installed capacity, and with the Alternat…