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Solar Power Plant

Goldman Sachs Partners for US Solar Spree

Bank's renewables arm to initially acquire 55MW of community PV in New York state from SMT Energy.

Carbon Neutral

South Korea and Visegrád Four to Further Economic Cooperation

The first forum took place four months ago.

Market Analysis

China's Coal Consumption Share Falls to 56.8% at End-2020

The rapid rollout of renewable-energy capacity and the growing use of natural gas has helped reduce the share of coal consumption from around 68% over the last …

Mexico

Mexican State Oil Firm Pemex Reports $23 Billion Loss in 2020

The company said it had faced "the worst crisis in its history" last year due to the health crisis sweeping the planet.

Hydrogen Project

Saudi Arabia Plans to Export Green Hydrogen to Europe by Pipeline

Hydrogen has become a popular alternative fuel among Gulf oil producers looking to diversify their energy sources

United States

US to Review Reliance on Critical Minerals Supply from Overseas

The order will also start yearlong reviews into the six sectors: energy, food production, information technology, defence, public health, and transport, to dete…

Electricity Transmission

New York Begins Construction on $854m Transmission Project

The New York State government has started construction of the $854m Marcy to New Scotland Transmission Upgrade Project in the US.

Hydropower Plant

En+ Group Upgrades Hydroelectric Units at Russian Hydropower Plant

The total investment in the project for this stage of the project is more than 1.5 billion roubles.

Hybrid Power Plant

Juwi to Construct Hybrid Solar Park in Australia

juwi Renewable Energy Pty Ltd, juwi’s Brisbane-based subsidiary, will construct a high penetration solar farm as part of EDL’s hybrid power solution for the t…

Energy Storage Battery

CEFC Offers US$127.6 Million Debt Finance for 300MW Victoria Energy Storage Project

Australia’s Clean Energy Finance Corporation has invested AU$160 million in a 300MW battery storage project near Geelong, Victoria.

Electric Car

Hyundai’s Ioniq 5 to Bring New Innovations to Electric Vehicle Driving

The Hyundai Ioniq 5, the company’s first model in its new battery electric vehicle lineup, is set to become available in selected regions by mid-2021.

Net Zero Emission

Recommendations for BMW Group to Meet 2030 Carbon Emissions Reduction Target

BMW Group – which is comprised of BMW, Mini, Rolls-Royce and Zinoro – is targeting 7 million in battery electric vehicle and plug-in hybrid electric vehicle s…

Offshore Wind Power

EDP Plans to Build a Floating Offshore Wind Farm in Asturias

EDP plans to invest around 2,000 million euros in the period 2021-2025 and is committed to the development of floating offshore wind power off the coast of Astu…

Offshore Wind Power

Germany Opens 958MW Offshore Wind Tender

Bids for the three sites in the North and Baltic Seas must be submitted by 1 September

Oil Price

Oil Prices Fall on Strong US Dollar and Supply Concerns

Brent and WTI are on track for gains of about 20% this month