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Oil Price

Iran Bases Its 2022 Budget on $60 oil

The budget bill for Iran’s next calendar year is based on an oil price of $60 a barrel, up from $40 this year.

Oil Price

Saudis Foresee Oil Price Spikes from Energy Transition Efforts

Saudi Arabia’s finance minister echoed warnings from the kingdom’s oil officials that a slowdown in fossil-fuel investment globally will cause spikes in energ…

Market Analysis

Energy Supply Will Catch Up With Demand In 2022

Oil and gas supply will grow faster in 2022 than it did in 2021 to the point of catching up and even surpassing energy demand growth.

Solar Power Plant

France’s First Vertical Bifacial Solar Power Plant

French energy company Compagnie Nationale du Rhône is considering deploying vertical PV installations along 400 km of its dikes. A first 104 kW project was dep…

Energy Saving

Poland to Improve Consumer Energy Efficiency with €100m Loan

The European Bank for Reconstruction and Development and Polish financial institution BNP have reached an agreement on a €100 million loan that will be used to…

Wind Farm

SOUTH AFRICA: Enel Commissions its 145 MW Garob Wind Farm

The facility feeds 145 MW into Eskom's power grid.

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…

Hydrogen Project

Iberdrola delivers first green hydrogen tanks

Units will be installed at the 20MW Puertollano plant in Spain

Wind Power Project

German Gearbox Crew Passes 200GW Milestone

Flender says its Winergy product brand has around a 30% market share of installed wind energy hardware

Solar Power Plant

Statkraft Signs Spanish PPA with Foresight Solar

Norwegians to take power from PV projects in Andalusia for ten years

Solar Power Plant

Keppel Team to Take Control of Southeast Asian Solar Platform of Shell

A group led by Singapore’s Keppel Corp Ltd has agreed to buy a 51% stake in commercial and industrial solar energy platform Cleantech Renewable Assets Pte Ltd …

Solar Power Plant

Longi, SEV Finalise 1.47-MW Rooftop Solar Project for Toyota Boshoku

Chinese photovoltaics manufacturer Longi Solar announced today the recent completion of a 1.47-MWp rooftop solar power system in Vietnam for premium automobile …

Offshore Wind Power

Nexsphere Unveils up to 1 GW Offshore Wind Project in Tasmania

Nexsphere intends to develop an "over-the-horizon" offshore wind farm with a capacity between 500 MW and 1 GW in the Bass Strait, which separates Tasmania from …

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…

Energy Storage Battery

China's November Power Battery Output Hits New High

China's November power battery output and newly-installed volume of power batteries refreshed new highs, driven by rapid growth of the country's new energy vehi…