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Electric

United States
Tesla’s Solar and Energy Storage Business Rakes in $810M, Finally Exceeds Cost of Revenue
Tesla’s primary source of revenue comes from the sale of its electric vehicles, but its latest quarterly earnings report showed growth in its energy storage an…
Power Construction
Clean Energy, Aging Grid to Get Big Boosts Under Infrastructure Deal
Measure includes funding for electric vehicle charging stations across the U.S., thousands of miles of new high-voltage transmission lines.
Nuclear Power Plant
Romania's Cerrnavoda NPP Unit 2 disconnects from Grid
Nuclearelectrica, the operator of Romania's sole nuclear power plant Cernavoda.
Hydrogen Project
Is Hydrogen the New Oil?
Hydrogen may have lost the race to fuel electric cars but looks a likely contender to replace fossil fuels in trucks, ships, planes and heavy industry.
EV Market
Global Automakers Accelerate Presence in China on Promising NEV Market
Global auto manufacturers are accelerating their presence in China as they are bullish about the outlook on the country's new energy vehicle market.
United States
Biden Mileage Rule to Exceed Obama Climate Goal
hey spoke on the condition of anonymity because the standards haven't been finalized. But administration officials have been discussing the numbers with the aut…
Smart Grid
Iberdrola and EIB Sign Loan Agreement for Spanish Electricity Infrastructure
The loan is intended to help improve the reliability, efficiency and security of Spain's renewable energy supply.
Substation
DEWA Inaugurates Three New Substations
Dubai Electricity and Water Authority has commissioned three new substations with a conversion capacity of 450 megavolt-amperes.
Electricity Transmission
RBC Bearings to Acquire ABB’s Power Transmission Division for $2.9bn
The transaction is intended to create a manufacturer of performance-critical bearings and motion control components.
Nuclear Power Plant
Russia Commits to Further Floating NPPs
The companies said that they would conclude a long-term take-or-pay contract for the electricity by April 2022.
Energy Investment
Iberdrola, EIB Sign €550m Spanish Smart Grid Loan
The European Investment Bank and Iberdrola have signed a €550m green loan agreement to support the development, modernisation and digitalisation of the company…
Energy Investment
IVORY COAST: EAIF Lends €25m for the Singrobo Hydroelectric Dam
The funding is for the construction of the Singrobo hydroelectric dam in southern Ivory Coast.
Nuclear Reactor
Tokyo Powers up for the Olympics
The Japan 2020 Olympic Games kicked off and although the occasion is a joyous one, it’s marked by seasonally hotter temperatures coupled with an unforeseen inc…
Electric Vehicle Battery
LG-Hyundai Battery Joint Venture Reported to Start Plant Construction in Indonesia Next Month
A battery joint venture between LG Energy Solution and Hyundai Motor will break ground for a plant in Indonesia, local media outlets reported on July 28.
Power Construction
Hitachi ABB Power Grids Commissions Transmission Link in India
The UHVDC transmission link will help India to reach 450GW of renewable energy capacity by 2030.

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