Ei

Renewable Energy

EIB, Firstrand Bank Invest €400M in South African Renewable Energy Projects

The EIB believes that South Africa has lacked investment opportunities to reach its renewable energy potential. Credit: Dancing_Man via Shutterstock.Several sol…

Oil & Gas Trade

Qatar Plans to Increase Its Stake in Iberdrola

Credit: Poetra.RH via Shutterstock.Qatar Investment Authority, the nation’s sovereign wealth fund, controlling an estimated $475bn (QR1.73bn) of assets, i…

Nuclear Power Plant (NPP)

Vietnam Weighs Resuming Nuclear Power Development Plans

Vietnam is considering resuming plans to develop nuclear power to ensure national energy security and to support economic growth, according to a government docu…

Energy Storage Project

Harmony Energy Income Trust Energises 82.9mw of BESS Capacity

The energisation of the Wormald Green BESS (pictured) makes the HEIT portfolio 100% operational. Image: HEIT.Harmony Energy Income Trust (HEIT) has today (12 Se…

Solar Power Plant

Island Green Power Reveals Proposals for 500MW Solar Plus Storage Project

A map of the proposed East Pye Solar Project. Image: Island Green Power.Island Green Power has unveiled plans for a utility-scale solar and battery energy stora…

Microgrid

Huawei Completes Construction of Microgrid Power Station in Saudi Arabia

An advertisement in the NEOM region in Tabuk, Saudi Arabia. Credit: SaudiArabiaPhotography.Huawei has built the world’s largest microgrid power station, w…

Oil Field

Poland’s Top Refiner Orlen Discovers ‘Big’ Oilfield in Western Poland

Poland's largest refiner Orlen (PKN.WA) logo is displayed at their petrol station in Bialystok, Poland, October 2, 2023. REUTERS/Kacper Pempel/File Photo Pu…

Coal-Fired Power Plants

APPEC Japan’s JERA Considering Vietnam Gas-Fired Power Plant Investment

The logo of JERA Co., Inc., the world's biggest LNG buyer, is displayed at the company office in Tokyo, Japan July 14, 2017. REUTERS/Issei Kato/File Photo P…

Renewable Energy

European, Southern African Development Banks to Lend Extra $220 Mln to Clean Energy Projects

Wind turbines produce renewable energy outside Caledon, South Africa, May 20, 2020. Picture taken May 20, 2020. REUTERS/Mike Hutchings/File Photo Purchase Licen…

Offshore Wind Power

Morocco Eyes Development of Its First Offshore Wind Project off Atlantic Coast

The European Investment Bank (EIB) has issued a tender notice for technical assistance to conduct a feasibility study in an area off Morocco’s Atlantic co…

LNG

PV Power Receives $521.5m Loan for Vietnam’s First LNG to Electricity Plants

Citi and ING Germany alongside Korea Trade Insurance Corporation (K-Sure), and Swiss Export Risk Insurance (SERV) have closed a 12-year financing loan worth $52…

Oil Price

US EIA Lifts Oil Demand Forecast, Says Prices Will Recover to Above $80/Bbl

Model of natural gas pipeline and U.S. flag, July 18, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing RightsGlobal oil demand is set to grow…

Electricity Transmission

US Power Use Expected to Reach Record Highs in 2024 and 2025, Eia Says

The downtown Los Angeles skyline is seen behind an electricity pylon at sunrise in Los Angeles, California U.S. November 8, 2017. REUTERS/Lucy Nicholson/File Ph…

Carbon Capture

Denmark’s First CO2 Storage Facility Now Ready to Receive Large Amounts of CO2

Denmark has a safe and well-functioning storage for CO2 in the North Sea subsoil, where CO2 can be permanently stored to mitigate climate change.The 23 partners…

Hydropower Plant

IREDA Inks Agreements With SJVN, GMR for 900 MW Hydropower Project in Nepal

IREDA signs MoU with SJVN and GMR for 900 MW hydropower project in NepalNew Delhi [India], September 10 (ANI): Indian Renewable Energy Development Agency (IREDA…