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South Africa
South Africa Gets $8.5bn to Phase Out Coal: Update
South Africa will receive financial aid from richer countries to phase out the use of coal in power generation, the German development ministry announced today …
Coal Production
Spanish Coal-Fired Output at Highest Since January
But further upside potential for coal is expected to remain very limited, as most existing plants are on track to be permanently closed.
Offshore Wind Power
Eni Acquires Stake in Dogger Bank C Wind Project
Eni has strengthened its presence in the UK offshore wind market by entering into an agreement with Equinor and SSE Renewables to acquire a 20% stake of the 1.2…
Energy Storage System
New System by RWE and Outokumpu to Stabilise the Power Grid
RWE Supply & Trading and Outokumpu have put a new type of power generation and storage system into operation that will help to stabilise the power grid and enha…
Energy Investment
More Investment in Supply Side of Gas Need of the Hour: GECF
As the climate crisis threatens to provoke an energy crisis, the world should approach decarbonisation carefully to prevent artificial acceleration of ‘greenin…
Hydrogen Project
Green Hydrogen and Ammonia Project Planned for Kazakhstan
Kazakhstan’s hydrogen and ammonia markets are set to be boosted by a new partnership between KazMunayGas and Linde.
Net Zero Emission
G20 Leaders Reaffirm Commitment to Paris Agreement
They reaffirmed their commitment to the Paris Agreement on climate change and vowed to cooperate to reach net-zero emissions by around 2050.
Nuclear Equipment
Kursk-II Receives Its First Steam Generator
The first of four steam generators has been delivered to the Kursk-II 1 construction project, Russia's first VVER-TOI reactor unit.
Wind Power Project
Turkey Breaks Record in Wind Power Generation
With the world moving more and more towards green energy due to the climate crisis, Turkey, which has increased its renewable energy capacity, met 20 percent of…
Oil Price
Aramco Books 158% Surge In Q3 Net Profit On Higher Oil Prices
Saudi state energy giant Aramco booked a net profit of $30.4 billion for the third quarter of the year, up by 158 percent from the third quarter of 2020 on subs…
Solar Power Plant
Germany has Installed 4 GW of PV so Far this year
In June alone, new PV additions totaled 406 MW. Feed-in tariffs were reduced by another 1.4%.
Energy Storage Battery
Hyundai Motor and Kia to Make Strategic Investments in U.S. Startup Factorial Energy
Hyundai Motor Co. and Kia Corp. have recently decided to make strategic investments in Factorial Energy, a U.S. battery startup, to jointly develop and produce …
Energy Storage Battery
Scottish Developer Sells 50MW Battery
Field has bought the Auchteraw project near Fort Augustus from ILI Group
Wind Turbine
Goldwind Unveils 12MW Offshore Turbine
New machine is part of a new generation of medium-speed permanent magnet smart units
South Korea
South Korea Joins Global Methane Pledge
South Korea is committed to lowering methane emissions by 30pc by 2030 from 2020 levels as it joins the "global methane pledge," President Moon Jae-in said at t…
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