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Energy Investment
Efficiency Companies Raise $858 Million In VC Funding In 1H 2020
Funding into Battery Storage and Efficiency companies was down in the first half of 2020
South Africa
Nyimpini Mabunda Named New CEO for General Electric in Southern Africa
Nyimpini Mabunda has been appointed Chief Executive Officer for Southern Africa for General Electric.
Italy
INNOSEA Receives Grant for Floating Solar R&D Project
Engineering firm INNOSEA has been awarded a European H2020 grant to undertake a research and development project to support more efficient.
Oil & Gas Trade
Saudi Oil Exports Down by Nearly $12 billion Year-on-year in May
The value of Saudi Arabia’s oil exports dropped by 65% year-on-year in May, or a fall of nearly $12 billion, official data showed on Thursday.
Saudi Arabia
Saudi Arabia’s Oil Exports Fall 65% in May, WTI Regains $42
Citing official data, Oil exports from Saudi Arabia, the OPEC’s top producer, fell by 44,277 million riyals (USD12 billion) or 65.0% in May 2020.
Hydropower Plant
Hydropower: China’s World
Hydropower is clean, low carbon and efficient.
Electric Car
BYD flagship Han EV Series Goes on Sale in China
BYD announced the official launch of its Han EV series, the brand’s long-awaited flagship offering for the global mid-to-large luxury sedan market.
Energy Technology
ANU Researchers Set New Solar-to-Hydrogen Efficiency Record
Researchers at the Australian National University (ANU) have achieved a new efficiency record for hydrogen cells that can convert water into hydrogen simply usi…
Geothermal Power Plant
Technology Geothermal Heating to be Cornerstone of Czech City’s Efforts on energy transition
The city is putting the emphasis on two key themes, solar energy and geothermal energy to reduce a dependence on coal and on energy consumption and efficiency.
Geothermal Power Plant
1st Geothermal Power Plant to go on Stream in NW Iran
Construction operation of the First National Power Plant with an efficiency of 60 percent as well as construction of First Geothermal Power Plant.
Energy Transition
Nine Ways to Decarbonize the South African Energy Sector
The energy sector currently accounts for two-thirds of global carbon emissions and expedited progress on energy efficiency.
South Korea
South Korea’s President Reaffirms 12 GW of Offshore Wind by 2030 Goal
President of South Korea Moon Jae-in has pledged to expand the country’s offshore wind power capacity from the current 124 MW to 12 GW by 2030.
Energy Saving Products
New Lithium Battery Charges Faster, Reduces Risk of Device Explosions
Researchers at Texas A&M University have invented a technology that can prevent lithium batteries from heating and failing.
Smart Grid
Bits to Watts for a Fully Connected Smart Grid
Electric power companies around the world want to improve their quality and efficiency by deploying data centres.
India's EESL Signs Deal to Initiate Trigeneration Projects
In India, state-owned agency Energy Efficiency Services Limited has partnered with gas energy company GAIL to conduct trigeneration projects.

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