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Nuclear Technology

DOE Announces $230M to Build Advanced Reactor Demonstration Project

Building on its contention that nuclear power must be a vital part of the American energy future, the U.S. Department of Energy announced.

Oil & Gas Trade

US Oil, Gas Rig Count Hits Record Low for Second Consecutive Week

The rig count, an early indicator of future output, fell by 35 to a record low of 339 in the week to May 15, according to data from energy services firm Baker H…

US EIA Expects Strong Renewables Generation Growth in 2020

Notwithstanding a projected decline in total US electrical generation caused by the COVID-19 pandemic, renewable energy sources are projected to produce signifi…

Energy Storage Battery

Tesla will Launch its New Battery in China First and Partner with CATL

Tesla will launch its new million-mile battery cell in China first, and it will partner with CATL to make them.Electrek previously revealed that Tesla is workin…

Solar Power Plant

‘World’s Largest Concentrated Solar Plant’ Progresses Despite Covid-19

Global oil refining production could start rebounding in June, the International Energy Agency said on Thursday, but refiners’ margins may be squeezed due to r…

Crude Oil

Oil Hits One-Month High as Signs of Demand Emerge Amid Coronavirus Crisis

Oil prices jumped more than 3% on Friday, touching more than one-month highs amid signs that demand for crude was picking up with China reporting increased refi…

Oil Field

Somalia Readies for First Bid Round of Oil Fields

Somalia is preparing for a bid round covering seven blocks in its offshore with the official opening due on August 4.

Hydropower Plant

Hull Street Energy Bought the Hydropower Plant

It is a joint venture between Enel Green Power North America and GE Energy Financial Services.

Solar Power Plant

CIT Leads $217 Million Financing for Hillcrest Solar Project in Ohio

CIT group's power and energy division provided $217 million in financing for the 200-megawatt Hillcrest solar photovoltaic project in brown county, Ohio.

Energy Storage Project

Kibo Energy Secures Land for Energy Storage Projects in Mozambique

Kibo Energy has successfully acquired additional land adjacent to the Benga power plant project in tete province.

Coal Company

Cash-Strapped Coal India Eyes First-Ever Bond Issue

Coal India is under severe pressure due to a rs 17,000 fee installed in unpaid accounts for its firstever power plant and a possible bond issue to raise working…

Solar Power Plant

Construction of 700MW Noor Energy 1 CSP project in Dubai, UAE on Track

Construction of the 700MW Noor Energy 1 concentrated solar power (CSP) project in Dubai, United Arab Emirates (UAE) is progressing well despite limitations impo…

Power Construction

Zimbabwe Power Utility Woos Private Solar Power Producers to Supply National Grid

Zimbabwe Electricity Transmission and Distribution Company (ZETDC) is seeking to boost power supply by tapping into excess power produced by private users of so…

First, Renewable Energy Is Poised to Eclipse Coal in U.S.

The United States is on track to produce more electricity this year from renewable power than from coal for the first time on record, new government projections…

Wind Farm

Equinor, SSE Pick Base Location for World’s Largest Offshore Wind Farm

Equinor and SSE Renewables have selected the Port of Tyne in northeast England to house the Operations and Maintenance (O&M) base for the world’s largest offsh…