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Offshore Wind Power

Finland to Auction Five Offshore Wind Power Sites

Finland will launch an auction for five offshore wind power sites with up to 500 turbines in Finland's public water areas, it said on Thursday."The total su…

LNG

Germany Builds up LNG Import Terminals

Model of LNG tanker is seen in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsCzech utility CEZ (CEZP.…

Oil & Gas Trade

Brazil's Petrobras to Invest $102 Billion in Next Five Years

Jean Paul Prates, CEO of Brazil's state-run oil company Petrobras, speaks during a news conference at the Petrobras headquarters in Rio de Janeiro, Brazil M…

Coal Trade

Coal Import for Power Plants Grew 65% In October

Rising consumption of electricity has stretched coal supplies at power plants | Photo Credit: RAJESH NThermal power plants (TPPs) imported 65 per cent more coal…

Solar Power Plant

DIF Capital Partners to acquire 60% stake in Dutch solar developer Novar

Dutch investment fund Capital Partners will purchase a 60% share of the Dutch developer of solar, Novar, the companies announced earlier this week.The transacti…

Hydrogen Technology

Hitachi Energy Unveils New Emission-Free Alternative to Diesel- Powered Generators

Hydrogen-powered generator provides megawatts of power and heat for hard-to- decarbonize applications such as construction sites, remote venues, data centers, a…

Energy Investment

World Business Outlook Awards 2023: Benchmark for Ultimate Business Excellence

World Business Outlook is elated to announce the recipients of the top honours for its 2023 Annual Awards. It is one of the much-anticipated global events that …

Solid-State Batteries

Sax Power unveils plug-in 5.8 kWh lithium iron phosphate battery

German battery supplier Sax Power has developed a new lithium iron phosphate (LiFePO4) storage system for residential applications. The company said it launched…

Energy Investment

Global Financial Institutions Jump at Chance to Boost China Presence

Many global financial institutions have been briskly stepping up investments and increasing their presence in China this year, as the country's brightened e…

Electric Vehicle Battery

Volkswagen Is Getting Closer to Cell-To-Pack (c2p) EV Batteries

Volkswagen Group China has begun producing battery systems at a new factory in Hefei, China for its MEB platform EVs in the country. The initial capacity of the…

Electric Vehicle Charging

Fast Charge With Frites: McDonald's in France Gets 150-200KW EV Chargers

McDonald’s, or McDo as the French say, is installing 2,000 new fast charging points across 700 car parks in France by 2025. Each McDonald’s charging…

Electric Vehicles

Pony.ai Nabs Another License to Test L4 Autonomous Trucks on China's Open Roads

After years of expanding autonomous robotaxi rides throughout China, self-driving specialist Pony.ai continues to scale its technology in another segment &ndash…

LNG

Jakóbik: Poland's Second Fsru Project

A FSRU in Lithuania. Photo By Bartłomiej Sawicki/BiznesAlert.plPoles gave the Czechs a once-over when it comes to the construction of the second floating LNG t…

Power Construction

Report: Upgrading Global Grids Could Cut Clean Energy Transition Costs by $3TR by 2040

Image: Credit: iStockResearch estimates investing in grid upgrades to prepare for influx of renewable energy capacity would in many cases be cheaper than failin…

Oil Price

China Oil Demand Growth Poised to Slow to Around 4% In H1 2024 -Analysts

Oil and gas tanks are seen at an oil warehouse at a port in Zhuhai, China October 22, 2018. REUTERS/Aly Song/File Photo Acquire Licensing RightsChina's oil …