Erg

Siemens Receives New Contract for Power Plant Equipment in Belarus

Siemens has secured an industrial gas turbines supply order from Belarus-based energy provider RUE Minskenergo.

Energy Associations Issue Declaration to Achieve EU Green Deal

Energy associations championing the move towards renewable sources, including SolarPower Europe and WindEurope, have issued a declaration setting policy recomme…

Wind Turbine

Coronavirus Predicted to Hit China’s Wind Market by up to 50%

China’s energy market could be badly hit as the coronavirus has halted production on the countries wind turbine installations, according to Wood MacKenzie.

Energy Storage Battery

The Future Of Battery Energy Storage Is Upon Us

It was announced in January by U.S. Secretary of Energy Dan Brouillette and is a comprehensive program to accelerate the development of next-generation energy s…

Energy storage technology

Can The U.S. Compete With China In The Energy Storage Race?

Last year Oilprice reported that the energy storage industry was about to explode in China. We wrote that “China is set to become the single biggest energy sto…

U.S. Sanctions Rosneft Unit for Ties to Venezuela Oil Production

The U.S. sanctioned a unit of Russia’s largest oil producer Rosneft PJSC for maintaining ties with Venezuela’s Nicolas Maduro and state-run oil company PDVSA,…

Hydrogen Project

UK Government Backs World-first Low Carbon Hydrogen Projects

The UK Government’s Department for Business, Energy and Industrial Strategy (BEIS) has awarded £13m ($17m) to fund two world-first hydrogen projects led by th…

New Fortress Energy signs PPA for 300MW gas power plant

New Fortress Energy has signed a 25-year power purchase agreement (PPA) with electricity distribution companies Distribuidora de Electricidad del Norte (DisNort…

Can Solar Power Compete With Coal?

In a dusty northwest India desert dotted with cows and the occasional camel, a solar-power plant is producing some of the world’s cheapest energy.

Nuclear Power Plant

EDF Readies Plans for £16bn Sizewell C Nuclear Plant

French-owned energy giant reportedly plotting new nuclear power station in Suffolk in partnership with China's CGN

Asian Markets Fall as Coronavirus Hits Earnings, Growth

China is the world's biggest importer and consumer of oil, and crude prices have been particularly sensitive to the epidemic that has spread to nearly 30 countr…

Solar Power Plant

Rio Tinto to Build Solar Plant in Western Australia

Mining giant Rio Tinto has announced plans to build its first solar plant and a lithium-ion battery energy storage system at the Koodaideri mine in the Pilbara,…

PowerChina Seeks Licence for Ugandan $1.4bn Hydropower Plant

Chinese energy company PowerChina has applied to Uganda for a licence to develop a $1.4bn hydroelectric power plan on the river Nile.

Wärtsilä Gets Service Agreement Extension For 25 MW Power Plant

Wärtsilä has signed a four-year extension to its operation and maintenance (O&M) agreement with Cemex Colombia S.A., one of Colombia’s major cement producers…

Energy Storage Project

Azelio Inaugurates Energy Storage Project in Sweden

Swedish thermal energy storage developer Azelio (FRA:4AZ) on Wednesday opened its verification energy storage facility in Amal, Sweden, with an official ceremon…