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Wave Energy
Israeli Wave Device Receives First Floaters
Installation of structures for Eco Wave Power device will start later this month
Solar Power Plant
MOZAMBIQUE: Globeleq Closes Financing for Its Cuamba Solar Power Plant
UK-based independent power producer Globeleq has announced the financial close of its Cuamba solar project in Mozambique.
Oil Price
Saudi Arabia Cuts Oil Prices For Asia In February
Saudi Arabia cut the prices of all the crude grades it will be selling to Asia in February to the lowest premium to regional benchmarks in three months, amid th…
Crude Oil
Oil Rallies Amid Worsening Unrest In Crude Producer Kazakhstan
Oil markets shrug off dip in U.S. gasoline demand
Oil Field
ExxonMobil Announces Two New Oil Discoveries In Guyana
ExxonMobil has made two more discoveries in the Stabroek block offshore Guyana, which add to the previously announced 10 billion oil-equivalent barrels recovera…
Nuclear Fuel
Ukraine Pushes for Domestic Uranium Supply
A programme to make Ukraine self-sufficient in uranium by 2027 has been approved by the country's cabinet. Nuclear power is planned for significant expansion be…
Nuclear Power Plant
Cavendish and Jacobs Sign MOU for UK Treatment of Japanese Fast Reactor Sodium Coolant
Cavendish Nuclear and Jacobs have signed a Memorandum of Understanding with Japan Atomic Energy Agency for the treatment and re-use in the UK of sodium coolant …
Market Analysis
Russian Nuclear Plants Announce New Electricity Generation Record
Russia’s nuclear utility Rosenergoatom said on 2 January that Russian nuclear power plants had begun 2022 with a new electricity generation record of 222.436TW…
Power Construction
GE wins Argentina Substation Service Contract
GE’s Grid Solutions has been awarded a services contract by Edesur S.A., part of Enel Argentina, to provide preventive maintenance and strategic spare parts fo…
Energy Storage Battery
Decommissioned Audi EV Batteries used in 4.5MWh Stationary Energy Storage System in Germany
Used lithium-ion batteries taken from carmaker Audi’s electric vehicles have been repurposed into a ‘second-life’ stationary energy storage system by energy …
Nuclear Power Plant
Kazakhstan Looks at Possible Nuclear Power Plant Sites
Kazakhstan is considering the village of Ulken in the Alma-Ata region and the city of Kurchatov in the East Kazakhstan for the possible construction of its firs…
Nuclear Power Plant
Japan's JAEA and Mitsubishi Heavy to Cooperate in U.S. Fast Reactor Project
The Japan Atomic Energy Agency and Mitsubishi Heavy Industries Ltd. will cooperate in a U.S. project to build a next-generation fast reactor, it has been learne…
Electric Vehicle Battery
CATL's EV Battery Market Share Continuing to Increase
CATL’s share in the global electric vehicle battery market is continuing to increase.
Energy Storage Technology
RNESL to Acquire UK’s Battery Technology Firm Faradion
RNESL has also agreed to invest $33m in Faradion as growth capital to expedite commercial roll out.
Power Construction
Chance of power market reversal weighs on Mexico
A possible constitutional electricity overhaul will dominate the outlook for Mexico's power sector in 2022, even if chances for its passage appear difficult.
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