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Oil Price

Fuel Prices up for 8th Straight Week

Fuel prices will increase for eight consecutive weeks as oil firms will impose below PHP1-per liter hike starting Tuesday morning.

Oil Exploration

TotalEnergies Announces Major Oil Discovery Offshore Suriname

TotalEnergies and its partner APA Corporation have made significant oil and associated gas discovery offshore one of the hottest basins for major oil finds in r…

Rooftop PV System

Solar Marketplace EnergySage Sells Controlling Stake to Schneider Electric

French electrical equipment group Schneider Electric has acquired a controlling stake in EnergySage that will see the US-based solar marketplace provider look t…

Pumped Storage

Construction Begins on 3.5GWh Gran Canaria Pumped Hydro Plant; Progress on 18GWh More PHES

Construction has started on a 3.5GWh pumped hydro plant in Gran Canaria, Spain, and progress has been made on two other projects totalling 18GWh of storage in m…

Electric Car

Australia Co-Funds Charging and H2 Infrastructure

The Australian government has launched the second round of its Future Fuels Fund.

Solar Power Plant

Philippines’ First Hybrid Solar-Plus-Storage Plant Comes Online Through Ayala Group Energy Subsidiary

The first ever solar-plus-storage hybrid resources system in the Philippines is now in operation after energy company AC Energy (ACEN) switched on the site’s b…

Electric Vehicle Battery

Electric Vehicle Battery Demand Surge Supercharges Nickel

Nickel rose to its highest level in more than a decade on Monday morning.

EV Technology

Shadowfax Tech Targets 75% of its Fleet in EVs by 2024; Full Electrification by 2026

By introducing this initiative, Shadowfax seeks to transform the industry and introduce a proactive measure to reduce carbon emissions, bringing a new approach …

Electric Car

Mercedes-Benz Foresees EV-Only Production Lines Within a Few Years

Mercedes-Benz (MBGn.DE) expects to have factories producing exclusively electric vehicles (EVs) by the second half of the decade but will steer clear of buildin…

Hydrogen Technology

First Hydrogen Train in Japan to Hit the Rails for Test Run

The two car “Hybari” train -- a combination of hybrid and the Japanese word for a lark -- cost about 4 billion yen ($35 million) to develop and can travel up …

Microgrid

India Investing Millions for Microgrids

A Colorado company that serves rural communities with solar power-based microgrids announced an investment that would provide more than 100 installations across…

Solar Company

Strong Demand Outlook for Domestic Solar OEMs: ICRA

Many of the domestic OEMs have announced sizeable capital expenditure to augment the cell and module capacity, including the capex for integrated facilities und…

Net Zero Emission

HSBC Targets 34% Cut to Emissions from Oil and Gas Clients by 2030

HSBC aims to cut emissions associated with loans made to its oil and gas clients by 34% this decade, the bank’s sustainability chief told Reuters, marking the …

Australia

Coal Will Exit Australia's Power Market Despite AGL's Recalcitrance

​The bid by a green billionaire to buy Australia's most polluting company may have stumbled at the first hurdle, but it's likely the race is far from over.

Oil Price

Russia-Ukraine Tensions: Oil Prices Jump to an 8-yr High, What Does it Mean for India?

Ukraine Conflict: Australian PM Scott Morrison announced the Australian embassy in Kyiv is in the process of being completely evacuated ahead of a potential Rus…