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Clean Energy Transition

RES Built 2.2GW of Clean Power in 2020

RES completed construction of 2200MW of new renewable energy projects in 2020, bringing the total volume of operational developments the company supports to 7GW…

Hydropower Plant

GE Signs Agreement with BE Power to Accelerate 400 MW Pumped Hydro Project in Australia

Nearly half of the more than 8 GW of hydropower capacity operating in Australia today is powered by our turbines, generators or both.

Microgrid

A Look at the Year Ahead and How Microgrids Are Shaping the Power Industry

2020 was a transformative year for the power sector, underlining both new challenges and potential opportunities.

Solar Power Plant

Nigeria Electrification Project Energises Another Community

The Shimankar community has joined a number of communities across Nigeria that are experiencing social and economic progress facilitated by the solar mini-grids…

Oil Price

2021 Oil Prices Seen Hovering Around $45 per Barrel in 2021

2021 oil prices seen hovering around $45 per barrel in 2021: Moody's Investors Service.

Iran

Strait of Hormuz: The World's Most Important Oil Artery

Iran's Revolutionary Guards Corps seized a South Korean-flagged tanker in Gulf waters and detained its crew, amid tensions between Tehran and Seoul over Iranian…

Biobattery

Wärtsilä to Build Two Large-Scale Biogas Upgrading Plants in Denmark

Biomethane company Nature Energy has ordered two large-scale biogas upgrading plants from technology company Wärtsilä, to be delivered to different locations …

Coal-Fired Power Plants

Enel Accelerates Chilean Coal Phase-out with Early Plant Closure

The Enel Group, through its subsidiary Enel Generación Chile, has disconnected and ceased operations at Unit I of Bocamina coal-fired power plant, which is loc…

Coal-Fired Power Plants

AES to Sell Equity in 1,242MW Coal-Fired Plant in Vietnam

Power company AES Corp has agreed to sell its majority interest in the 1242MW Mong Duong 2 coal-fired power plant in Vietnam.

Energy Investment

China's Investment in Countries Along the Belt and Road Increased by 24.9%

According to data released by the Ministry of Commerce of China, from January to November 2020, China's foreign non-financial direct investment was 659.36 billi…

Nuclear Power Plant

Eskom Shuts Down Some Koeberg Nuclear Power Plant Units

According to South African news media reports, due to the leak, Eskom has taken the Koeberg nuclear power plant's Unit 1 off the assembly line and has accelerat…

Energy-Eficient Building

Biden Administration to Focus on Building Efficiency, Clean Energy

hese are just a few of the strategies the president-elect has promised to focus on in his Sustainable Infrastructure and Clean Energy Plan.

Energy-Eficient Building

Building Energy Efficiency to be Monitored from Space

Telescopes in space could be used to monitor the energy efficiency of homes and buildings across the planet.

South Korea

Iran Seizes UAE-Bound Chemical Tanker

Iran has seized a UAE-bound chemical tanker in the strait of Hormuz, further stoking already heightened tensions in the Mideast Gulf.

LNG Carrier

Global LNG Fleet Starts 2021 with Spate of Deliveries

Four new LNG carriers were delivered by South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering in the first four days of this year, following slow …