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Wind Turbine

Siemens Energy Won’t Pay Dividend as Siemens Gamesa Challenges Weigh

Siemens Energy on Wednesday said it would not pay a dividend for 2022, citing a widening net loss and challenges related to its struggling wind turbine division…

Energy Transition

COP27 Reignites the Debate About Carbon Credits

Some argue that a carbon credit scheme is an essential form of climate financing for developing countries, others argue that it could easily fall prey to green-…

Natural Gas

Vietnam Leads Gas Expansion Plans in Southeast Asia: Report

A total of 56GW is either in pre-construction or construction stages.

Net Zero Emission

Mexico Vows to Double Renewable Energy Capacity by 2030

Mexico has pledged to deploy a further 30 gigawatts in renewable energy capacity by 2030, the nation's Foreign Ministry said in a statement on Monday.

Smart Grid

EIT Innoenergy and Redeia Enterprises Close Three Smart Grid Projects

Together with EIT Innoenergy, Red Eléctrica and Elewit – Redeia enterprises – have closed three grid projects as part of the Grid2030 programme, aiming to de…

Floating Offshore Wind

Equinor Starts Production at Norwegian Floating Wind Farm

The Hywind Tampen floating offshore wind farm off the west coast of Norway, which will supply power to oil and gas fields and cut their emissions, started produ…

Electric Car

UK Unveils First Large-Scale Lithium Refinery to Boost EV Supply Chain

The UK’s first large-scale merchant lithium refinery has been announced, providing battery grade materials to bolster the electric vehicle (EV), renewable ener…

Carbon Neutral

Asia’s Coal Phase-Out Must Be Gradual, Says Mitsubishi Heavy Head

Asia must phase out coal power gradually while still making use of existing infrastructure to make the shift to a carbon-neutral society less disruptive, Seiji …

China

How Much Did These Asian Countries Saved With Solar Power

Seven countries were able to save about 9% of their fossil fuel costs in the first half.

Canada

Canada, Nigeria Target Oil and Gas Methane Emissions With New Laws

Oil and gas producers Canada and Nigeria have become the latest countries to tackle the potent greenhouse gas methane with laws to rein in emissions in the foss…

Germany

German Budget Experts Push for Dividend Ban Tied to Energy Subsidies

Budget experts from Germany's ruling coalition on Friday stressed the need for a ban on dividends and bonuses being paid out at companies that benefit from gas …

Carbon Emissions

Global CO2 Emissions in 2022 ‘Remain at Record Levels’

Projected emissions from coal and oil are above their 2021 levels, according to a new report.

Bentley’s Open-Access Digital Twin Integrates Carbon Calculator

Bentley Systems, Incorporated, an infrastructure engineering software company, announced at COP27 expanded workflows for embodied carbon calculation in the Bent…

Energy Storage Battery

Rolls-Royce Delivers Battery Packs for German Virtual Power Plant

Rolls-Royce has announced that six of eight mtu EnergyPacks have been delivered to German energy solutions company VISPIRON.

Oil & Gas Supply

The EU's Energy Partnership With Gulf Countries Makes “More Sense Than Ever”

Cooperation between the European Union and the Gulf Cooperation Council is more important than ever, the head of EU foreign policy Josep Borrell said, as quoted…