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Electric
Power Construction
SOMALIA: $150 million to Provide Electricity Access to 7 million People
The World Bank approves a $150 million loan to Somalia.
Smart Grid
Modern Protocol for the Smart Grid
Distribution System Operators and utilities in LATAM and worldwide are modernising their electricity grids to enable highly reliable efficient and secure power …
Hydrogen Project
ABB to Provide Electrical Equipment to Support the ‘World’s Largest’ Single Stack High-Pressure Electrolyser Project for hydrogen Production
ABB and HydrogenPro have revealed a new collaboration that will look to reduce the cost of hydrogen production to accelerate its wider adoption with a new valid…
Thermal Coal
HSBC Says It will Phase out Financing of Thermal Coal by 2040
HSBC Holdings is planning to phase out the financing of coal used for generating electricity by 2040, the latest bank to commit to ending support for the greenh…
Electricity Trade
Brazil Nuclear Power Tariff to Increase 40pc in 2022
Tariffs for Brazilian nuclear power plants Angra 1 and Angra 2 will increase by 39.86pc in 2022, according to Brazilian national power regulatory agency Aneel.
Offshore Wind Power
Vattenfall Gives Go-Ahead for Vesterhav Syd and Nord Offshore Wind Farms
Vattenfall has taken the final investment decision for Vesterhav Syd and Vesterhav Nord adding 344 MW of fossil free electricity capacity to the Danish energy s…
Electricity Trade
Serbia Importing over 25% of Electricity Amid Outages Due to Snow
More than 90,000 consumers in Serbia were without electricity this morning. Almost 1.5 GW of current consumption is being covered by imports, which is unprecede…
Electric Vehicle Battery
LG Energy Solution and GM Considering Building 3rd Joint Venture Battery Factory in Michigan
LG Energy Solution and General Motors of the United States are considering investing US$2 billion to build their third joint venture battery cell plant in the U…
Electricity Trade
Iran Ready to Exchange Electricity with Neighboring Countries
Iran can exchange electricity with Armenia, Afghanistan, Turkmenistan, Iraq, Azerbaijan, and Turkey, said Iranian Energy Minister Ali Akbar Mehrabiyan, IRNA rep…
Carbon Emissions
Biggest Ever Renewable Energy Support Scheme Opens
The fourth round of the Contracts for Difference scheme which aims to secure 12GW of electricity capacity opens with £285 million a year funding for low-carbon…
Electric Car
EU Approves €3 billion Spanish Scheme to Support Electric Vehicles
The European Commission has approved, under EU State aid rules, a €3 billion Spanish scheme to support research, development and innovation, as well as environ…
United States
BP Acquires EV Fleet Charging Provider AMPLY Power in US
BP said on December 7 the UK company took its first major step into electrification in the US with the acquisition of AMPLY Power, an electric vehicle (EV) char…
Electric Car
Kia Corp. to Part Ways with Chinese Joint Venture Partner
Kia Corp. will break up with its joint venture partner in China, Dongfeng Motor Corp., after 20 years of partnership.
Electric Car
China's January-November EV Output Exceeds 3mn
China's new energy vehicle production and sales refreshed new highs in November, driven by the country's initiative to accelerate its transformation to a low-ca…
Hydrogen Project
GE to Supply Hydrogen-Ready Gas Turbines for 1.34GW Power Plant in China
GE and Harbin Electric Corporation have announced that Chinese state-owned power utility Guangdong Energy Group has ordered two GE 9HA.01 gas turbines for its G…
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