Ets

OPEC+ to make small oil output quota hike for July

Seven ​OPEC+ countries ⁠will ​raise oil ​output targets by ​188,000 ​barrels per day ‌in ⁠July, OPEC said ​in ​a ⁠statement after ​a ​meeting ⁠on …

Japan

Baseload Capital and Furusato Netsuden demonstrate scalable geothermal growth model in Japan

With the completion of the Waita No. 2 geothermal power plant in Kumamoto Prefecture, Baseload Capital and Furusato Netsuden are positioning Japan as a breakthr…

Coal-Fired Power Plants

Enugu targets 660MW coal-fired power plant, sets July groundbreaking date

The Enugu State Government announced plans to construct a 660MW coal-fired power plant, with construction to start in July.Mbah, speaking on 6 May, stated that …

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…