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Energy Transition
BP to Support Microsoft in Meeting 2025 Renewable Energy Targets
British oil and gas company BP has agreed to supply Microsoft with renewable energy to help meet the tech giant’s 2025 renewable energy goals.
Energy Storage Project
UK Needs up to 30GW of Energy Storage to Meet net Zero Targets
The UK will need to deploy 80GW of solar to meet net zero according to a new whitepaper from consultancy Atkins.
Energy Storage Project
India’s Greenko Gets Nearly US$1bn Investment for Big Hybrid Renewables-Plus-Storage Projects
Greenko said that it will be helped along with plans to build multiple gigawatts of renewable energy plants alongside energy storage in India by an investment f…
United States
Google Sets Unprecedented Goal to Tap Only Renewable Power by 2030
Alphabet Inc's Google aims to power its data centers and offices solely with renewable energy by 2030.
Hydrogen Fuel Cell
Chinese Automakers Announce Targets to Raise Hydrogen Vehicle Sales
The government is expected to announce supportive new policies, possibly as early as this month.
Market Analysis
IEA: Hydrogen and Clean Energy Technologies Key to Meeting Climate Targets
The International Energy Agency’s new energy technologies report calls for more attention to decarbonization of the transport, buildings and industry sectors.
Offshore Wind Power
Oil Major BP Makes First Ever Move In Offshore Wind Energy
BP is making its first move into the offshore wind market with a strategic partnership in U.S. offshore wind assets with Equinor in a deal worth US$1.1 billion.
Electricity Trade
Indian Government Approves Sale of State-Run Transmission Assets
A committee of the Indian Government has reportedly approved the sale of assets belonging to the state-run Power Grid Corporation of India.
Energy Investment
EDP Renováveis to Sell Stake in US Renewable Assets for $700m
Spanish firm EDP Renováveis has agreed to sell its stake in a US wind and solar portfolio to Connor, Clark & Lunn Infrastructure for $700m.
Crude Oil
Mexico CoMexico Could Be Forced To Cut Oil Production Target For 2021
Mexico will likely cut its crude oil production targets for next year, citing a ruling party lawmaker in Mexico.
Energy Storage System
Flywheel-Lithium Battery Hybrid Energy Storage System Joining Dutch Grid services markets
A hybrid energy storage system combining lithium-ion batteries with mechanical energy storage in the form of flywheels has gone into operation in the Netherland…
Lithuania
Lithuania Pulls Outs of BRELL Power Reserve Agreement
Lithuania has opted out of the so-called BRELL agreement, which obligates it to exchange emergency electric power reserves with Latvia, Estonia, Russia and Bela…
Energy Storage Battery
The Battery Breakthrough That Could Transform An Entire Industry
A team of researchers in India has introduced an eco-friendly and energy-efficient battery that is being touted as “the future” of batteries — not only for t…
Market Analysis
Wind Sets New Record Supplying 60% of UK’s Power
RenewableUK is highlighting a new record set on Wednesday 26th August 2020 when wind power generated 60% of Britain’s electricity.
Hydropower Plant
Uzbekistan’s Hydropower Sector Gets €55.8 Million French Aid
The Ministry of Energy of Uzbekistan has signed a loan agreement worth €55.8 million with the French Development Agency to finance a series of projects in Uzbe…
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