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Energy
Solar Power Plant
Poland Allocates 2.5GW of Wind and Solar
Energy regulator data shows latest auctions for onshore and PV were undersubscribed
Vietnam
Mainstream to Buy Stake in 405MW Vietnamese Solar
Irish renewables company to acquire 80% of Technology and Development Joint Stock Company's portfolio
Carbon Neutral
WEST AFRICA: Orange Aims to be Carbon Neutral by 2040
Telecoms operator Orange wants to reduce its environmental impact in West Africa by using 100% renewable energy in its operations by 2040.
Solar Power Plant
SOUTH AFRICA: CDC Invests $50m in the Redstone Solar Project
The plant will feed 100 MW into the grid of the state-owned utility Eskom.
Power Construction
Dominion Energy Virginia Files $669 million Grid Modernisation Plan
US utility company Dominion Energy Virginia has filed a proposal with the State Corporation Commission to implement phase two of its grid modernisation programm…
South Korea
Korea Expands Presence in Battery Raw Materials Markets
Although Korean battery raw materials companies have increased their combined share of the global market, they still place third after China and Japan.
Hydrogen Project
SK Group Aiming to Become World's No. 1 Hydrogen Player
SK Group has set up a blueprint for a hydrogen economy. Its goal is to invest about 18 trillion won over the next five years and become the world's No. 1 hydrog…
Net Zero Emission
Carbon Removal Key to Reaching Paris Agreement Climate Goals, Wood Mackenzie Says
Fossil fuels will continue to account for 37% of the primary global energy demand in 2050 even if the net-zero goals are achieved
Coal-Fired Power Plants
Bangladesh Scraps Plans to Build 10 Coal-Fired Power Plants
Bangladesh has cancelled plans to build 10 coal-fired power plants, a government official said on Monday, amid rising costs for the fuel and increasing calls fr…
Energy Storage Project
LNJ Bhilwara Group, Replus Engitech to Set up 1-GW Lithium-ion Battery Plant in Pune
The greenfield plant in Pune will be operational by mid-2022, with a capacity of 1 GW in Phase 1
Wind Power Project
NeXtWind to Revitalise 70MW of Aging Wind Assets in Germany
Renewable energy IPP NeXtWind has made three investments in ageing wind energy projects in Northern Germany, totalling over $50 million.
Market Analysis
Renewable Energy Sources Provided more than a Quarter of Total U.S. Electrical Generation in April
Electrical generation by renewable energy sources set a new record in April 2021 and accounted for 25.7% of total U.S. production.
Oil Field
China's First Solo-Operated Deepwater Gas Field Starts Production
Shenhai-1, meaning deepsea, is expected to produce up to 3.39 billion cubic meters of gas every year, or roughly 2% of China's total gas output, the energy majo…
Energy Transition
Global Leaders Commit to Accelerate Transition to Clean Energy by 2030
The required investment represents only a small fraction of the multi-trillion-dollar global energy investment needed overall, but will bring huge benefits to o…
EV Market
Australia's Infinity Lithium Signs Supply Deal with LG Energy in EV push
Lithium, an essential component of electric vehicles, is becoming an increasingly important metal with EV demand surging globally as countries race to meet emis…
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