Erg

EIB, ISIF Among Backers of Solas EU Energy Efficiency Fund

The European Investment Bank (EIB) and Ireland Strategic Investment Fund (ISIF) are among backers of a fund that is seen as closing the gap between energy effic…

Offshore Wind Power

India Ramps Up Renewable Energy Development

As the world focuses on Europe as the big green energy giant, India has been steadily building its renewable energy capacity.

India

Accelerated Wind Energy Development in India Could Add 31.2GW Capacity by 2026

Accelerated wind energy development scenario in India would result in the installation of almost 31.2 gigawatts of wind capacity between 2022 and 2026, with a p…

Electric Car

Volkswagen Plans IPO of Porsche to Ignite EV Shift Momentum

Volkswagen AG is preparing an initial public offering of Porsche, seeking a listing of its most profitable asset to help boost the parent’s valuation and fund …

Solar Power Panel

LG to Exit Global Solar Panel Business

LG Electronics Inc. is exiting the global solar panel business. The decision, approved Feb. 22 by the LG board of directors in South Korea.

Electric Car

Perfecting the Electric Vehicle Battery Recycling Process

Recycling of electric car batteries can be easier, cheaper, and more environmentally friendly, according to a new scientific article from Chalmers University of…

Crude Oil

Norway’s January Oil Output Sinks Below Predictions

Norway’s oil production in January 2022 fell behind the Norwegian Petroleum Directorate’s predictions by 2.3 per cent, while the gas output also experienced a…

Nuclear Power Plant

Research to Upgrade Dtress Measurement Techniques for Nuclear Fusion Power Plants

Materials engineers at the University of Surrey and the UK Atomic Energy Authority are supporting an international effort to develop a new, economically viable …

Natural Gas

Germany Freezes Nord Stream 2 Gas Project as Ukraine Crisis Deepens

Germany on Tuesday halted the Nord Stream 2 Baltic Sea gas pipeline project, designed to double the flow of Russian gas direct to Germany, after Russia formally…

Oil Price

U.S. Sanctions on Russia not Targeting Energy Markets

Actions the Biden administration took on Tuesday to punish Russia's economy over its aggression in Ukraine are not intended to hit global energy markets.

Oil Exploration

TotalEnergies Announces Major Oil Discovery Offshore Suriname

TotalEnergies and its partner APA Corporation have made significant oil and associated gas discovery offshore one of the hottest basins for major oil finds in r…

Rooftop PV System

Solar Marketplace EnergySage Sells Controlling Stake to Schneider Electric

French electrical equipment group Schneider Electric has acquired a controlling stake in EnergySage that will see the US-based solar marketplace provider look t…

Electric Car

Australia Co-Funds Charging and H2 Infrastructure

The Australian government has launched the second round of its Future Fuels Fund.

Solar Power Plant

Philippines’ First Hybrid Solar-Plus-Storage Plant Comes Online Through Ayala Group Energy Subsidiary

The first ever solar-plus-storage hybrid resources system in the Philippines is now in operation after energy company AC Energy (ACEN) switched on the site’s b…

Electric Vehicle Battery

Electric Vehicle Battery Demand Surge Supercharges Nickel

Nickel rose to its highest level in more than a decade on Monday morning.