Energy

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…

Solar Power Plant

TOGO: Exim Bank of India Finances the Electrification of 350 Localities Via Solar

Exim Bank of India is providing USD 40 million to the Togolese government for the electrification of 350 localities via solar photovoltaic energy.

Hydrogen Project

German Outfit Eyes 45GW Kazakh Green Bonanza

Svevind Energy plans wind and solar to feed 30GW of electrolysers for hydrogen production

Electric Vehicle Battery

European EV Battery Recycling to Get a Capacity Boost

Fortum is to invest €24 million to expand its lithium-ion battery recycling capacity with a new plant in Harjavalta, Finland.

Energy-Eficient Building

New Zero Carbon Building Accelerator Eyes 2050 Decarbonisation Goal

A new programme has been launched to help accelerate the decarbonisation of buildings.

Canadian, Japanese Industry Groups Enhance Cooperation

The MoU was signed yesterday by CNA President and CEO John Gorman and JAIF President Shiro Arai.

Thermal Plant

Xcel Energy Drops Plan for New $800 million Gas Power Plant NW of Minneapolis

Xcel Energy has scrubbed plans for an $800 million natural gas plant in Becker in the face of criticism from environmental and clean energy groups.

Hybrid Power Plant

Gransolar Group Awarded Contract for Australian Hybrid Project

Grupo Gransolar, an international business group in the development, construction, and supply of photovoltaic plant components, has been awarded the sole contra…