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Energy Transition

Singapore Zooms in on Renewable Energy Amidst Energy Insecurity

Senoko said increasing prices and gas supply disruptions increased focus on the clean energy transition.

Compressed Air Energy Storage

Canadian Pension Fund Invests US$25M in Compressed Air Storage Provider Hydrostor

Compressed air long-duration energy storage solution provider Hydrostor has received an investment commitment of US$25 million from Canada Pension Plan Investme…

Energy Transition

Lack of Strong Decarbonisation Agenda Poses Risk to Asia’s Energy Transition

Despite efforts laid to set the road for their energy transitions, countries in Asia are still lacking a strong decarbonisation agenda that is in line with the …

Energy Storage Battery

CATL Sells 900MWh of BESS to US Independent Power Producer for Texas Projects

China’s Contemporary Amperex Technology Limited (CATL) has sold 900MWh of battery energy storage system (BESS) equipment to US independent power producer (IPP)…

Offshore Wind Power

Energy Prices to Remain Significantly Above Average up to 2030 and Beyond

Research from Cornwall Insight looking at Great Britain’s (GB) Power Market out to 2030 has shown energy prices will remain in excess of £100/MWh annually.

CCS

ExxonMobil Estimates $4 Trillion CCS Market by 2030

Amount is around 60% of forecast oil and gas market by that date.

Mexico

Mexican President Urges Energy, Lithium Firms to Talk to Government

Mexican President Andres Manuel Lopez Obrador on Wednesday urged companies to consult their lawyers and talk to the government following decisions in support of…

Nord Stream 2

Ukraine Lobbies for Cuts in Russian Nord Stream 1 Gas Shipments

Ukraine is working behind the scenes to convince Western allies to shift Russia’s shipments of natural gas from the Nord Stream 1 pipeline to Ukraine’s pipeli…

Hydropower Plant

Hydropower Station to Boost Malawi’s Energy Generation Capacity

​The government of Malawi is adding 3.4MW to the national grid through its commissioning of Muloza Hydropower Station.

Geothermal Power Plant

DOE Provides Funds for Enhanced Geothermal Energy Projects

The U.S. Department of Energy is dedicating $84 million to help demonstrate enhanced geothermal pilot projects.

Net Zero Emission

ReNew Power Spurs Remote Links with Librestream AR Solution

Librestream's AR solution will help ReNew Power wind and solar field service teams maintain safer hands-free operations.

Hydropower Plant

Canada Backs Atlin Hydro Expansion Project with $32.2M

The project is expected to add 8MW of capacity to Yukon’s grid, generating roughly the same amount of electricity used by 2,500 homes annually.

Net Zero Emission

Intel Commits to Net Zero by 2040

By 2030, it is targeting 100% renewable energy use and a $300m investment in energy saving measures.

EU

Italy’s CAP Group Secures €100m EU Green Loan to Upgrade Water Infrastructure

It will also use the financing to improve its water and sewerage network, implement circular economy projects and reduce emissions.

Carbon Neutral

Shell Cuts Scope 1, 2 and Methane Emissions

Oil giant Shell's first Energy Transition Report shows progress reducing emissions though net carbon intensity falls only slightly in five years.