Economy

Indonesia

Japan's JERA Sells Stake in Indonesia's Coal Power Plants Operator

The move comes as companies worldwide step up their efforts to offload coal-related assets amid pressure to reduce exposure to fossil fuels to cut harmful carbo…

CNOOC

CNOOC's First-Half Profit more than Triples

China's top offshore oil and gas driller CNOOC Ltd said on Thursday its first-half net profit more than tripled from a low base last year, supported by reboundi…

LNG

Post-COVID-19 Recovery of LNG Market: What’s Next?

The global economy is cautiously walking away from the shadow of the unprecedented challenge of the COVID-19 pandemic.

Market Analysis

Impact of North Sea Link on GB Energy Market

June 2021 saw the first electricity flows across Britain’s latest interconnector, the 1.4GW North Sea Link with Norway.

Oil Field

GS Group Sells off Entire 30% Stake in Nemaha Oil Field in Oklahoma

GS Global and GS Energy sold off their entire 30 percent stake in an oil field in Oklahoma of the United States in July

Hydrogen Project

China Targets $15bn Hydrogen Value Chain in Beijing

The Beijing Municipal Bureau of Economy and Information Technology has released a roadmap for the next five years targeting a 1 billion yuan hydrogen value cha…

Hydrogen Project

RWE is Ready to Support the UK’s Hydrogen Strategy

RWE, one of the globally leading companies in renewables and one of the key players in setting up the hydrogen economy, welcomes today’s publication of the UK …

Ammonia

New Ammonia-Based Group Established to Boost the Norwegian Hydrogen Economy

A new ammonia-based company has been launched today aiming to provide a competitive advantage for the growing hydrogen economy in Norway by creating green ammon…

Energy Investment

Banpu To Buy Texas Power Plant For $430 Million As Thai Energy Firm Steps Up Green Investments

Banpu—controlled by billionaire Isara Vongkusolkit—has agreed to buy a combined cycle gas-fired power plant for $430 million in Texas as the Bangkok-based coa…

Energy Investment

Endesa will Invest 315 million in the Construction of 350 MW of New Wind Energy and Solar Power in Cuenca

Endesa, in its commitment to the total decarbonisation of the energy mix and the development of renewable projects, continues to analyze its own projects and ac…

Microgrid

Mitsubishi Electric Enhances Distributed Energy Resources Management with Acquisition of Smarter Grid Solutions

SGS is a leading global provider of distributed energy resources management software for power distribution utilities and DER operators.

Hydropower Plant

L&T Sells Hydro Plant to Renew Power

Indian multinational Larsen & Toubro is selling a 99MW run-of-river hydroelectric plant owned by its subsidiary LTUHPL to Renew Power Services Private Limited a…

Net Zero Emission

First Solar Commits to Science-Based Emissions Targets, Net Zero Emissions by 2050

Action aligns emissions reduction targets with levels needed for global transition to net-zero economy

Ultrafast Battery Charging Company ADS-TEC Energy goes Public

Business Combination with EUSG Enables Expansion and Scale-up of ADS-TEC Energy Platforms into European and US Markets

Energy Investment

Ambri Receives $144m Investment for Battery System Manufacturing Plants

Ambri will use the funding to commercialise and grow its long-duration system technology.