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Energy Storage Project

Excelsior to Source U.S.-Made Energy Storage From LG Energy Solution Vertech

A new multiyear agreement will provide 7.5 GWh of fully-integrated lithium-ion energy storage, expected to qualify for the domestic content bonus.A new partners…

Wind Power Project

CIP Withdraws Offshore Wind Project Selected in Massachusetts as Capacity Not Secured for Connecticut Part

Vineyard Offshore, the US offshore wind development company owned by Copenhagen Infrastructure Partners (CIP), has withdrawn the 800 MW of offshore wind capacit…

Solar project

Unpacking Solar-Project Data Analytics

The PV industry is embracing artificial intelligence and machine learning (ML) techniques to automate operations and maintenance (O&M) diagnostics and predictiv…

Solar project

Gensol Wins $104.7 Million EPC Deal for 225 MW of Solar in India

Gensol Engineering has agreed to handle engineering, procurement, and construction (EPC) duties for a 225 MW AC (276 MW DC) grid-connected solar project in Indi…

United States

Stellantis to Pay $4.2M for Violations of CARB Air Quality Regulations; Defeat Devices in 3.0l Diesels

The California Air Resources Board (CARB) reached a settlement agreement with FCA US LLC (FCA) of Auburn Hills, Mich., for $4,185,820 for violations of CARB&rsq…

United States

New York Enacts Legislation Requiring Fossil Fuel Companies Pay $3B Annually for “Climate Damage Repair”

New York Governor Kathy Hochul signed legislation (S.2129-B/A.3351-B) requiring fossil fuel companies to contribute $3 billion annually for climate damage repai…

Green Hydrogen

BNEF Forecasts Sharper Green H2 Price Drop By 2050

BloombergNEF says green hydrogen will fall from a current range of $3.74/kg to $11.70/kg to between $1.60/kg and $5.09/kg by 2050.BloombergNEF said that green h…

Nigeria

Nigeria Resumes Mining in Zamfara State on Improved Security

Nigeria has lifted a ban on mining exploration in the northwestern state of Zamfara after a five-year suspension, the mining minister said, citing improved secu…

United States

Lithium Americas and GM Close Joint Venture for Thacker Pass Mine

Lithium Americas said on Monday it has closed its joint venture with US automaker General Motors to develop the Thacker Pass lithium mine in Nevada.The miner&rs…

Green Hydrogen

Climate Fund Managers Acquires 24% Stake in Hyphen Hydrogen Energy

Dutch-based for-profit investment manager Climate Fund Managers (CFM) has completed the acquisition of a 24% equity stake in Hyphen Hydrogen Energy through its …

Green Hydrogen

AES Andes Submits Eia for Industrial-Scale Hydrogen Project in Chile

Energy company AES Andes has submitted an environmental impact assessment (EIA) to Chilean permitting authorities for a proposed industrial-scale green hydrogen…

Oil Price

Oil Prices Ease as Markets Weigh China Stimulus Hopes

Oil edged lower on Thursday in light holiday trade as the dollar's strength offset hopes for additional fiscal stimulus in China, the world's biggest oi…

Oil Refinery

NLC Hails Dangote Refinery for Fuel Price Cut

The Nigeria Labour Congress has commended Dangote Refinery for its recent reduction in fuel prices, describing it as a timely economic relief for Nigerians.Spea…

Crude Oil

RON97 Petrol Price Up By 3 Sen; RON95 And Diesel Unchanged

The retail price of RON97 petrol will increase by 3 sen to RM3.25 per litre, effective Dec 26, 2024, to Jan 1, 2025, according to the government.Meanwhile, RON9…

Australia

Progress of Projects Such as the Orient Polymetallic Mine in Australia

Iltani Resources has seen high-grade mineralization at the Orient East silver indium project in northern Queensland, which had previously seen the highest grade…