Energy

Electric Vehicles

BYD Hits a Major Milestone as Its Yuan Brand Crosses 1 Million in Sales

China’s leading EV maker, BYD, just hit another major milestone. The BYD Yuan family surpassed 1 million in sales this week, becoming its latest brand to …

Electric Vehicle Battery

BMW Cancels $2 Billion Battery Cell Order From Northvolt

German automaker BMW said today that it has canceled a €2 billion ($2.15 billion) order for EV battery cells with Northvolt.German media Handelsblatt and m…

Hydrogen Production

Wärtsilä Launches World's First Large-Scale 100% Hydrogen-Ready Engine Power Plant

Technology group Wärtsilä launched the world’s first large-scale 100% hydrogen-ready engine power plant. The IEA World Energy Outlook 2023 shows…

Electric Vehicle Battery

Toshiba, Sojitz and Cbmm Unveil an Ultra-Fast Charging Electric Bus Prototype Powered by Next-Generation LI-Ion Batteries With Niobium Titanium Oxide Anodes

Toshiba Corporation and Sojitz Corporation of Japan, and Brazil’s CBMM, the world’s leading producer of niobium, have completed development of a nex…

Biofuel

75 MW Biomass Power Plant in Japan Begins Operations

Panoramic view of Yatsushiro Biomass Power Plant. / SOURCE: Toyota Tsusho Corp.Toyota Tsusho Corp. on June 17 announced that the 75-megawatt (MW) Yatsushiro Bio…

Offshore Wind Power

India Earmarks Over Eur 830 Million for Offshore Wind Projects

India’s Union Cabinet has approved the viability gap funding (VGF) scheme for offshore wind energy projects totalling Rs. 7453 crores (approximately EUR 8…

Energy Storage Project

US Energy Storage Market Sets Q1 Capacity Installation Record

The U.S. energy storage market set a first-quarter record for capacity installed in Q1 2024, with 1,265 megawatts (MW) deployed across all segments. This marks …

Offshore Wind Power

Nordex Receives Orders for 172 MW of Wind Energy in Germany

The operating group orders eleven N163/6.X wind turbines. Order intake on the German market has once again developed well for the Nordex Group. More recently, t…

Photovoltaic （PV）

Neoen Launches Its First Photovoltaic Plant in Canada

Neoen (ISIN Code: FR0011675362, mnemonic code: NEOEN), one of the world’s leading producers of exclusively renewable energy, celebrated yesterday the laun…

Photovoltaic （PV）

Ceará (Brazil) Inaugurates Photovoltaic Plant With 292 MWp

The Panati Solar Complex, located in the city of Jaguaretama (CE), approximately 240 km from Fortaleza (CE), was officially inaugurated by SPIC Brazil and Recur…

Energy Storage Project

Recurrent Energy Closes $513M Financing for 1,200 MWh Arizona Storage Project

Recurrent Energy has acquired two standalone battery storage systems under development in Texas. (Courtesy: Recurrent)Recurrent Energy, a subsidiary of Canadian…

Energy Storage Project

New York Approves Plan to Add Six Gigawatts of Energy Storage by 2030

A NineDot battery energy storage system. (Courtesy: NineDot)Today New York Governor Kathy Hochul announced that the New York State Public Service Commission has…

Renewable Energy

Putin Says Russia Is Keen to Partner With Vietnam in Energy and Security

Russian President Vladimir Putin attends a Press briefing with Vietnamese President To Lam (not pictured), at the Presidential Palace in Hanoi, Vietnam, Thursda…

Biofuel

BP to Buy out Bunge's Stake in Brazilian Biofuels JV in $1.4 Bln Deal

A BP logo is seen on a petrol station in London November 2, 2010. REUTERS/Suzanne Plunkett/File Photo Purchase Licensing RightsBP (BP.L), opens new tab has agre…

Crude Oil

Oil Prices Rise on US Crude Draw; Jobs Data Feeds Rate Cut Hopes

An aerial view shows a crude oil tanker at an oil terminal off Waidiao island in Zhoushan, Zhejiang province, China January 4, 2023. China Daily via REUTERS/Fil…