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Energy storage technology

Can The U.S. Compete With China In The Energy Storage Race?

Last year Oilprice reported that the energy storage industry was about to explode in China. We wrote that “China is set to become the single biggest energy sto…

U.S. Sanctions Rosneft Unit for Ties to Venezuela Oil Production

The U.S. sanctioned a unit of Russia’s largest oil producer Rosneft PJSC for maintaining ties with Venezuela’s Nicolas Maduro and state-run oil company PDVSA,…

Warren’s $3 Trillion Climate Change Plan

White House candidate, Senator Elizabeth Warren has put forward what is said to be "one of the most aggressive, detailed and wide-ranging plans for combating cl…

Hydrogen Project

UK Government Backs World-first Low Carbon Hydrogen Projects

The UK Government’s Department for Business, Energy and Industrial Strategy (BEIS) has awarded £13m ($17m) to fund two world-first hydrogen projects led by th…

Government Paying Shs10m Per hour for Unconsumed Achwa Power

Government could, within two years, lose more money than what it has invested in establishing Achwa hydropower station unless the construction of a power transm…

Dasu Hydropower Project to Start Generation in 2024: Wapda Chairman

Construction work on Dasu Hydropower Project is gaining momentum as the issue pertaining to rates of land has been resolved due to support by the federal and Kh…

Asian Markets Fall as Coronavirus Hits Earnings, Growth

China is the world's biggest importer and consumer of oil, and crude prices have been particularly sensitive to the epidemic that has spread to nearly 30 countr…

To Install Solar Farms on Bulawayo City Cemeteries

According to Town Clerk, Bulawayo has since engaged the Infrastructure Development Bank (IDB) to carry out feasibility studies on the project. Bulawayo has six …

Solar Power Plant

Rio Tinto to Build Solar Plant in Western Australia

Mining giant Rio Tinto has announced plans to build its first solar plant and a lithium-ion battery energy storage system at the Koodaideri mine in the Pilbara,…

Wärtsilä Gets Service Agreement Extension For 25 MW Power Plant

Wärtsilä has signed a four-year extension to its operation and maintenance (O&M) agreement with Cemex Colombia S.A., one of Colombia’s major cement producers…

Power Construction

Greece's PPC Gets EUR 100m from EIB for Grid Modernisation

The European Investment Bank (EIB) and Greek utility PPC SA (ATH:PPC) on Friday signed an agreement for a EUR-100-million (USD 108m) loan supporting investments…

Energy Storage Project

Azelio Inaugurates Energy Storage Project in Sweden

Swedish thermal energy storage developer Azelio (FRA:4AZ) on Wednesday opened its verification energy storage facility in Amal, Sweden, with an official ceremon…

Solar Power Plant

European Telecoms Ink Deals for 388 MW of Solar Power

French telecom Orange and Deutsche Telekom subsidiary Power & Air Solutions signed separate power purchase agreements this week to procure solar power totaling …

BP Wants To Slash Carbon Emissions, But Has No Plan For Doing That

There is an old expression that says, “If you fail to plan, you have a plan to fail.” It’s good to have goals, but plans are what make achieving those goals …

OPEC Underestimates the Virus

The Covid-19 virus is a human tragedy for many who have been affected by it and it’s having a profound impact on the lives of a large part of the Chinese popul…