Erg

Market Analysis

Global Oil Demand Could Take Years To Recover

Global oil demand will take at least a year to return to the pre-crisis levels of 100 million barrels per day , Fatih Birol, Executive Director of the Internati…

Solar Power Plant

US Dept of Interior Approves 690MW Nevada Solar Plant

President Donald Trump's administration has approved hybrid energy projects in Nevada

Citi unveils $1.5 Billion Green Bond to Combat Climate Change

American multinational financial services firm Citi has unveiled its first US dollar-denominated green bond to finance environmental-friendly projects.

Energy Storage Battery

SK Innovation to Break Ground on Second EV Battery Gigafactory in the US this Summer

South Korea's SK Innovation will start construction on its second plant in the us state of Georgia this summer.

Nuclear Power Plant

Rosatom Joins RPV Halves for Rooppur Unit 1

AEM Technology, part of the Atomenergomash engineering division of Russian state nuclear corporation Rosatom, has welded together the upper and lower parts of t…

Offshore Wind Power

New Joint Venture Exploring South African Offshore Wind Market

Hexicon AB and Genesis eco-energy Developments are exploring the development of offshore wind power in South Africa.

Geothermal Power Plant

Kalahari GeoEnergy Secures $3.2m Loan Funding for Geothermal Project in Zambia

Three new resource definition slim wells will help move Zambia's first commercial geothermal project forward.

Crude Oil

USA's Purchase on Sweet Crude Oil will Not Follow Original Plan

US Energy Department says it will buy up to 1 mln bbls of sweet crude oil for strategic reserve from small to midsize domestic producers.

Energy Investment

UK Wants to Join Renewable Energy Market in Morocco

Morocco's Minister of Energy, Mines and Environment recently discussed with UK Minister for Investment about British investment opportunities in Morocco and the…

Wind Turbine

China Signs Wind Turbine Supply Contract with Vestas

Danish wind turbine manufacturer Vestas has secured a wind turbine supply contract in China.

Oil & Gas Trade

Justin Trudeau Wants Canadian Oil Producers to Set Climate Targets

The comments come as Japan's biggest bank by assets said it would restrict transactions involving oil sands, while Norway's $1 trillion wealth fund blacklisted …

Offshore Wind Power

A New Wind Leasing Round in Scotland is Coming

GIG and RIDG will partner to compete in ScotWind – the next round of seabed leasing for the offshore wind development off the Scottish coast.

Smart Grid

China to Remain Global Leader in Smart Grid Technology

The country's dedication to 5G will boost the power sector's growth.

Clean emission

India CO2 Emission Fall, First in 4 Decades

India's emissions of toxic carbon dioxide are falling for the first time in 40 years because of a slowing economy, the growth of clean energy and a continuing b…

Electric Car

Renewable Energy Could be Unbothered by Pandemic

Law firm Ashurst has released a report into a number of emerging technologies in the energy sector, such as electric vehicles and battery storage, highlighting …