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Energy
Market Analysis
Russia Plans to Become One of the Biggest Players in Hydrogen Production
The global drive towards decarbonization is shifting Russian policy on renewable energy.
Energy Transition
Chevron Sets up Energy Transition Unit, Names Company Insider As Head
Chevron Corp on Thursday announced the creation of a new unit to manage the second largest U.S. oil producer's low-carbon investments, with an initial focus on …
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.
Hydrogen Project
JSW Energy, Australia's Fortescue Future join hands for Green Hydrogen
Sign agreement for assessing potential of green hydrogen for green steel making, hydrogen mobility, green ammonia and other industrial applications in India
South Korea
South Korea: Hyundai Oilbank Sells Storage Terminal Business
Hyundai Oilbank will sell off a majority stake in its oil storage terminal in Ulsan, on the country's southeast coast, to help fund its green energy projects.
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.
Wind Power Project
Madagascar: Rio Tinto to Power Mine Through Renewable Energy
Rio Tinto has signed a power purchase agreement for a renewable energy plant to power QIT Madagascar Minerals ilmenite mine.
Energy Storage Battery
China's June Lithium Hydroxide Exports Push Higher
China's lithium hydroxide exports increased to a six-month high in June, driven by the rapid development of high-nickel ternary lithium-ion batteries in South K…
Net Zero Emission
Indonesia Sets Out Path to Net-Zero Emissions by 2060
Indonesia plans to achieve net-zero emissions by 2060 or sooner, setting targets on the use of energy sources such as coal and biofuels in a report to the UN Fr…
Net Zero Emission
Japan’s Unveils 'Ambitious' Plan to Cut Fossil Fuel in Energy Mix to 41%
WoodMac warns that this will have significant ramifications for coal, LNG, and oil demand.
Italy
Prysmian Energy Earnings Rise 12% in H1 2021
Growth attributed to volume increases and cost efficiency measures
Portugal
EDPR Posts 13% Earnings Dip in H1 2021
EDP Renewables has reported EBITDA of €654m for the first half of 2021, a drop of 13% from the same period last year.
Energy Storage Battery
Substantial Growth Predicted for Molten Salt Energy Storage Market
The global molten salt thermal energy storage market is expected to reach a market size of $1,743.663 million in 2026, up from $629.969 million in 2019.
Offshore Wind Power
RWE Centralises Management of Global Offshore Wind Fleet
German multinational energy company RWE has signed a new contract that will enable the utility to centralise and optimise the management of its global portfolio…
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.
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