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United States
Texan start-up targets disused oil wells for low-cost hydrogen extraction
Engineering firm Wood will work with start-up Eclipse Energy on producing hydrogen from disused oil wells using microbes at a target price of $0.5 per kilogramm…
United States
World's first 50 MW superhot geothermal power plant targets Oregon by 2030
Quaise Energy said it is moving ahead with plans to build what it describes as the world’s first power plant using superhot geothermal energy, with an ini…
Italy
Italy's Ferrari sets price of first electric car at over $640,000
Italian luxury sportscar maker Ferrari has settled on a preliminary price of about 550,000 euros ($647,130.00) for its first fully electric superc…
Australia
Yancoal Strikes US$2.4 Billion Deal for Australia's Largest Underground Coal Mine
Yancoal Australia has agreed to buy an 80 percent stake in Queensland’s Kestrel coal mine for up to US$2.4 billion, securing one of the country's most…
United States
Nuclear reactor developer X‑Energy targets $7.5 billion valuation in US IPO
Amazon-backed X-Energy is targeting a valuation of up to $7.51 billion in its initial public offering in the United States, the nuclear reactor developer said…
Solar Power Plant
Qualitas Energy acquires 376 MWp of Polish solar
Investment fund Qualitas Energy has acquired a portfolio of nine Polish solar plants with a total installed capacity of 376MWp.The portfolio has been acquired f…
Australia
Huge 1.6 gigawatt-hour battery gets federal green light for Queensland hub
A strategically vital and very large battery proposed for construction in Queensland’s Gladstone region has been waved through the federal environmental a…
United States
Consumers Energy Gets Approval for Major Grid Upgrades
March 27, Consumers Energy today received the green light to carry out new upgrades to secure Michigan's electric grid, a major investment that will keep th…
Battery
U.S.-based joint battery venture of SK On, Hyundai Motor gets new name
SK On Co. has given its U.S. battery joint venture (JV) with Hyundai Motor Group the name Hyundai-SK Battery Manufacturing America (HSBMA), according to the Sou…
Biofuel
Octopus Energy backs billion-dollar biomass-to-SAF project in Nova Scotia
Octopus Energy Generation is planning to invest up to $6 billion in a sustainable aviation fuel facility in Nova Scotia that will convert forestry waste biomass…
India
Pranos Nets $6.8 Mn To Build Tokamak, Superconducting Magnets For Nuclear Fusion
Nuclear energy startup Pranos has raised $6.8 Mn (around ₹63 Cr) in its fresh funding round co-led by pi Ventures and Ankur Capital, along with participation f…
Energy Saving
HIES introduces plant-based lubricant that reduces air compressor lifecycle CO(2) emissions by 40%
Reduce CO2 emissions from manufacturing to disposal by approximately 90% during manufacturing. As part of Hitachi's sustainability strategy "PLEDGES" enhance th…
Coal Production
India hits 1 billion tonne coal output again, boosts energy security
India has achieved 1 billion tonne (BT) coal production for the second consecutive year amid heightened uncertainties in global energy markets due to the West A…
CNPC Chairman Dai Houliang Meets with Turkmenistan's Deputy Prime Minister Agazhanov
Dai Houliang, Chairman of China National Petroleum Corporation (CNPC), met with Serdar Agazhanov, Deputy Prime Minister of Turkmenistan, in Beijing. The two sid…
NextEnergy Solar Fund Completes Sale of 100 MW UK Solar Assets, Strengthening Balance Sheet
NextEnergy Solar Fund recently announced the completion of the sale of a 100 MW portfolio of operational UK solar assets to Atrato Onsite Energy for £46.2…
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