Energy

Energy Storage Battery

Inflation Reduction Act Prompts Turkish Company to Increase US Gigafactory Output to 3GWH

Turkish group Kontrolmatik Technologies has increased the output of its planned energy storage-focused gigafactory in the US by 50%, thanks to the Inflation Red…

Offshore Wind Power

Iberdrola Aims to Design Offshore Wind Farms That Protect the Environment

Offshore wind energy projects will be key to the growth of the electric utility, which has around 1,300 MW in operation and a further 5,500 MW under constructio…

United States

US DOE Announces $44M Funding for EGS Innovation Projects

Through Utah FORGE, the U.S. Department of Energy will provide funding for up to 17 awards that will build on FORGE's existing work on EGS technologies.

Natural Gas

Pummelled by Gas Crisis, Germany’s Uniper Posts $12.5 Bln Net Loss

German utility Uniper, the most high-profile victim of Europe's energy crisis so far, reported a net loss of 12.3 billion euros ($12.5 billion) for the first ha…

United Kingdom

British Gas and Octopus Energy ‘Back Energy Bill Freeze for Two Years’

The plan will reportedly see the launch of a multi-billion fund to cover the rising cost of the price cap

Floating Offshore Wind

Researchers Design Novel Floating Wind Turbine for Deep Waters

Researchers at the US Department of Energy’s Sandia National Laboratories created a tool that they plan to use to design a novel floating wind turbine that the…

CCS

Renewable Energy, Electrification Big Winners in Inflation Reduction Act

The U.S. House on Aug. 12 passed a bill with major implications for the power generation industry, joining the U.S. Senate in supporting the Inflation Reduction…

Energy Investment

‘Tepid’ Demand for U.S. Sustainable Funds in July, Report Says

Investors deposited $120 million into U.S. sustainable funds last month, a "tepid" amount of inflows that coincided with a broader retreat from mutual funds and…

Wind Turbine

Azure Power Signs Deal With Siemens Gamesa for Wind Turbines

Siemens Gamesa to supply 96 units of SG3.6-145 onshore wind turbines to be supplied to Indian independent sustainable energy solutions provider Azure Power

LNG

Australia’s Santos to Proceed With $2.6 Bln Alaska Oil Project

Santos Ltd will proceed with its $2.6 billion Alaskan oil project, the Australian energy producer said on Wednesday after posting a four-fold jump in first-half…

Nuclear waste

Nuclear Waste Recycling Startup Wants to Solve the ‘Ball and Chain’ Problem Holding Back Nuclear

Ed McGinnis knows firsthand about the nuclear waste problem in the United States after working for the Department of Energy from 1991 to 2021.

Energy Storage Battery

Blackrock Makes $700 Million Investment in Australian Battery Storage

Effective, large-scale storage systems are set to become increasingly important as renewable energy capacity expands.

Pumped Storage

Estonian Mine to Be Turned Into Pumped Hydro Facility

Preliminary design and environmental impact assessment for Estonia’s first pumped storage hydroelectric plant is underway under the guidance of Estonian energy…

Hydrogen Production

Total Eren Plans 2GW Solar + Hydrogen Hub in Australia

Australia’s Northern Territory Government and Paris-based energy company Total Eren have signed a memorandum of understanding (MoU) to develop a new green hydr…

Electric Car

SoftBank-Backed Ola Electric Wants to Launch a Made-In-India EV in 2024

Ola Electric is the EV arm of ride-hailing firm Ola, which was established in 2011.