Energy

CCS

Calpine Strikes New Agreement for Texas Power Generation CCS Project

Exxon Mobil has entered into an agreement with Calpine to transport and permanently store up to 2 million metric tons of CO2 annually from Calpine’s Bayto…

Battery

AXA IM Alts Enters UK Battery Storage Market With Strategic Scottish Investment

AXA IM Alts, managing €186 billion in alternative investments, has acquired a 50% stake in Coalburn 1, a 500MW battery energy storage system (BESS) in Sout…

Offshore Wind Power

Vietnam Proposes Offshore Wind Power Price Cap

Vietnam Electricity (EVN) is developing a pricing framework for offshore wind projects to support the country’s renewable energy goals. The state utility …

Offshore Wind Power

Global Energy Giant RWE Halts US Offshore Wind Because of Trump

RWE, a leading global renewable energy company based in Germany, has paused its US offshore wind operations due to recent policy shifts. The decision was announ…

Solar project

JUWI Secures 30.9 MW of Awards in German Solar Tender

German renewable energy developer JUWI GmbH has secured 30.9 MW of projects in a recent tender for ground-mounted photovoltaic (PV) systems in Germany. The comp…

Nuclear Power Plant (NPP)

China Tops Global Rankings in Overall Nuclear Power Scale for First Time

China has achieved the world’s largest nuclear power capacity, with 102 units—operational, under construction, or approved—totaling 113 million kilowatt…

Electric Vehicles

Kia, Hyundai Mobis’s Q1 Sales Hit Record Amid EV Demand Surge but Margins and Tariffs Cloud Outlook

Kia reported its highest-ever first-quarter revenue of 28.02 trillion won ($19.6 billion) and an operating profit of 3.01 trillion won for January to March, ann…

Battery

Samsung SDI to Showcase New High-Density Battery at 2025 Interbattery Europe in May

Samsung SDI, a leading battery manufacturer, will unveil its U8A1 high-density battery, designed for uninterruptible power supply (UPS) systems targeting AI dat…

Electric Vehicles

Tesla Hikes Prices on Its EVs in Canada Amid Tariffs, Expect Demand Collapse

Tesla, the American electric vehicle manufacturer, has raised prices across its entire lineup in Canada, with increases ranging from 13% to 22%. The adjustments…

Gas turbine engine

Duke Energy Taps GE Vernova for Gas Turbine Partnership

Duke Energy and GE Vernova have entered into a partnership to supply natural gas turbines and related equipment to address increasing energy demands driven by a…

Offshore Wind Power

Azerbaijan and China to Jointly Develop Offshore Wind Project in Caspian Sea

The Ministry of Energy of Azerbaijan has entered into two agreements with Chinese companies to advance a 2 GW offshore wind project in the Caspian Sea. A Memora…

Crude Oil

USA Crude Oil Inventories Rise Week on Week

The U.S. Energy Information Administration (EIA) reported on April 23 that U.S. commercial crude oil inventories, excluding the Strategic Petroleum Reserve (SPR…

Photovoltaic （PV）

China Says Wind and Solar Energy Capacity Exceeds Thermal for First Time

In the first quarter of 2025, China’s wind and solar energy capacity surpassed that of thermal power, primarily coal-based, for the first time, according …

Energy Storage Project

Aboitiz Power Breaks Ground for 48-MW Nasipit Hybrid Energy Storage Project

Aboitiz Power Corporation, via its subsidiary Therma Marine Inc. (TMI), has initiated construction for the 48-megawatt Nasipit Hybrid Energy Storage System (BES…

Gas power plant

ENEX Confirms Plans to Develop 1,100-MW Gas Plant in Philippines’ Batangas Province

ENEX Energy Corporation has reaffirmed its commitment to constructing a 1,100-megawatt gas plant in Batangas, Philippines. The announcement addresses inquiries …