Erg

Energy Storage System

Energy Storage to Surge to 89GW by 2040 Across Major European Markets

Energy storage systems look set to win out over other flexibility providers, as solar and wind generation continues to soar.

Geothermal Power Plant

Daldrup & Söhne AG Successfully Drills Production Well for Geothermal Heating Plant Project in the Netherlands

The drilling technology and geothermal energy group Daldrup & Söhne has successfully drilled the first well of the triplet for Aardwarmte Combinatie Luttelgees…

Solar Power Plant

Somalia: Energy Firm Tackles Solar Power Transition

A solar photovoltaic power plant recently commissioned by BECO is now operational in Mogadishu, the capital of Somalia.

Africa Energy

Sharara Reopens in Libya

As the Government of National Accord makes gains in its military struggle with the Libyan National Army, the Sharara oilfield has restarted production.

Trice Resigns as Hurricane Energy Chief Executive

Robert Trice has resigned as chief executive of Hurricane Energy amid a boardroom reshuffle at the firm.

Energy Technology

Electric Vehicles Boom will Push Nickel Sulphate Supply to Peak in 2027

With the demand from the electric vehicle sector continuing to accelerate, Nickel Sulphate production is expected to rise from 211 kilo-tonnes in 2019 to its pe…

Hydropower Plant

Uzbekistan Issues Tender for 23 MW Hydropower Capacity

JSC Uzbekhydroenergo, Uzbekistan's state hydropower producer and developer, has announced a tender for the design and construction of the 6 MW Rabat, 8 MW Chapp…

Market Analysis

Long-Term Forecasts Predict China's Move Toward Decarbonisation

A scientific paper has forecast China’s long-term energy future, showing how the economic giant would change in different scenarios.

Solar Company

Valmont Acquires Undisclosed Stake in Energia Solar do Brasil

Global manufacturing company Valmont Industries has acquired a significant stake in Brazil-based Energia Solar do Brasil.

Crude Oil

Rig Count Plunges Below 300 in 13th-Straight Week of Losses

The number of operating drilling rigs in the U.S. fell below 300 for the first time, as energy companies continue to shut down oil-field operations amid low cru…

Energy Technology

Clean Tech Could Cut Fossil Fuel Profits by Two-Third: Carbon Tracker

A new international report on Thursday showed how falling demand and rising investment risk is likely to slash the value of oil, gas and coal reserves by nearly…

Energy Investment

America's DFC to Invest $350 Million in India

The US International Development Finance Corporation is looking to invest $350 million in multiple projects in India to support the country's financial services…

Energy Transition

Eni Restructures Company to Lead Energy Transition

Italian oil major Eni announced Thursday it will undergo a structural transformation in the coming weeks, to become “a leader in the energy transition,”

Clean emission

Shell Selects Bureau Veritas to Reduce Emissions from Global Operations

Global energy company Shell has signed a deal with technology and certification services firm Bureau Veritas for the provision of solutions to help the company …

Electric Car

German Government Raises Subsidy Levels for EVs

The German government will raise the level of subsidies for purchases of electric vehicles (EVs) and increase taxes for cars with higher CO2 emissions.