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Invest
Hydropower Plant
SSE to Invest £70 Million to Repower Lochay Hydropower Station
SSE will invest £70 million over the next three years to repower Lochay Hydro Power Station in Perthshire, Scotland. The refurbishment aims to update the …
Battery
UK Battery Start-up Volklec Unveils Plans for £1BN Gigafactory
Volkec, a UK start-up based in Coventry, is partnering with a Chinese supplier to build a 10GWh gigafactory with an investment exceeding £1bn ($1.26bn). Suppor…
Power Construction
German Energy Giant E.ON Seeks Higher Grid Returns
E.ON, Europe’s largest energy network operator, has called on Germany’s incoming government to improve returns on energy networks. The company highl…
Metal
Rio Tinto Subsidiary Rincon Selects Worley for $2.5bn Lithium Project in Argentina
Rincon Mining, a subsidiary of Rio Tinto, has appointed Worley as the lead integration delivery partner (LIDP) for the Rincon full potential lithium project in …
Photovoltaic (PV)
BOOM Power, Topsun form solar alliance
BOOM Power has entered into a co-investment agreement with Topsun for the Low Farm Solar Farm in the UK. Covering 210 acres, this 49.9MW initiative is situated …
Nuclear Reactor
EDF Delays FID on Six New Nuclear Reactors to H2 2026
EDF’s net debt for 2024 remained stable at €54.3bn.French energy company EDF has postponed its final investment decision (FID) on six new nuclear reactors in …
Oil Refinery
Russia Signs Memorandum to Build Port, Oil Refinery in Myanmar
Myanmar and its close ally Russia signed a memorandum on investment cooperation in a special economic zone in Dawei, including construction of a port and an oil…
Oil Price
Oil Prices Slip as Kurdistan Export Resumption Looms
A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024.Oil prices slipped in Asia on Monday, extending losses from last week, on t…
Photovoltaic (PV)
Transformer Fire at Australian Solar Farm Under Investigation
Electricity distribution company Powercor Australia attended the scene of a solar farm transformer fire near Raywood, Victoria, which is now being investigated …
Oil Price
Oil Holds Above $72 Amid Supply Uncertainty
Oil prices extended modest gains above $72 as supply concerns, a weaker dollar, and refinery shifts influenced market sentiment, while trading remained rangebou…
Hydrogen Fuel Cell
Bosch Shifts Focus From Solid Oxide Fuel Cells to Hydrogen Electrolyzers
Bosch is realigning its activities and investments in stationary hydrogen technologies. In future, the technology company will focus more on technologies for hy…
Power Construction
Report Urges More Proactive UK Grid Investments to Help Decarbonisation
Britain's electricity distribution network is facing a fundamental role change to deliver the country's net zero emissions target, requiring more proact…
Energy Storage Project
Essential Energy to Expand Battery Storage
Essential Energy is putting a call out for battery operators, owner-operators and investors looking for an opportunity to build, own and operate BESS (battery e…
Energy Storage Project
Grenergy Unveils Us$2.6bn Investment Plan
Grenergy has unveiled its new brand identity and a multi-billion dollar investment plan with a strong focus on energy storage.The US$2.6bn investment plan for 2…
Metal
Exxon, SLB Flag Interest in Lithium Projects in Chile, Say Document and Source
Vehicles pass in front of an Exxon service station in Bethesda, Maryland, U.S., November 25, 2024.U.S. oil major Exxon Mobil (XOM.N),is planning a meeting with …
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