Ega

Energy Storage System

MHPS Will Supply Battery Energy Storage Systems to Help Balance the California Grid

Hecate Grid Awards 20 Megawatt Storage Contract for Southern California Project.

Solar Power Plant

Chinese Contractor to Build 900MW UAE Mega-Solar

Saudi developer ACWA Power has appointed Shanghai Electric as the engineering, procurement and construction (EPC) contractor for the 900MW fifth phase of the Mo…

Energy Investment

Tokyo Gas to Spend $657 mln in U.S. Shale, Solar Assets

Tokyo Gas will also pay up to 49 billion yen to purchase the 630 megawatts Aktina solar power project in Texas from Hecate Energy, a U.S. renewable energy devel…

France

World’s Largest Nuclear Fusion Project Under Assembly In France

The world’s largest nuclear fusion project began its five-year assembly phase on Tuesday in southern France, with the first ultra-hot plasma expected to be gen…

Nuclear Policy

USA Lifts Nuclear Finance Ban

The USA has lifted its legacy prohibition on funding nuclear energy projects overseas.

Saudi Arabia

Saudi Arabia’s Oil Exports Fall 65% in May, WTI Regains $42

Citing official data, Oil exports from Saudi Arabia, the OPEC’s top producer, fell by 44,277 million riyals (USD12 billion) or 65.0% in May 2020.

Iran

Iran Expected to Produce 2.7bn More Barrels of Oil from Shared Azadegan Field

Iran is expected to produce some 2.7 billion more barrels of oil amounted to dlrs one trillion, Petroleum Minister Bijan Zangeneh said on Monday.

LNG

LNG Markets May Not Recover Until 2021

The cash margin for U.S. LNG exporters improved slightly in the second quarter, but will likely remain negative for the duration of 2020.

Golovnaya 240-megawatt hydropower plant rehabilitation project

Golovnaya 240-megawatt hydropower plant rehabilitation project

Energy Storage Battery

ScottishPower Picks Ingeteam for Whitelee Battery

Spanish company Ingeteam is to supply a 50 megawatt-hour battery storage system to be installed at ScottishPower Renewables' 539MW Whitelee wind farm at Eaglesh…

Nuclear Fuel

US Awards Multiple Decommissioning Contracts for Legacy Sites

The US Department of Energy Office of Environmental Management has awarded multiple contracts to provide nationwide deactivation.

China Energy

China's Mega-Hydro Construction Boom Hits End

The industry has been shifting towards smaller projects.

Solar Power Plant

Emirates Insolaire Solar Installs Panels at Dubai's Mega Solar Park

3,339 panels covering 2,000 Sqm to result in approximate cost savings worth AED 158,000 annually.

Oil Price

Oil Major Shell to Write Down up to $22 Billion of Assets in Second Quarter

It said it would take aggregate post-tax impairment charges in the range of $15 billion to $22 billion in the second quarter.

Electricity Transmission

Turkish Company Prepping Offer to Supply Libya Power

Turkish power-ship operator Karadeniz Holding is preparing a bid to supply up to 1,000 megawatts of electricity to conflict-hit Libya and will submit it soon.