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Offshore Wind Power

NY Plans $500m Offshore Wind Supply Chain Spend

Governor Kathy Hochul pledges port investment and new 6GW grid

Solar Power Plant

MOZAMBIQUE: Globeleq Closes Financing for Its Cuamba Solar Power Plant

UK-based independent power producer Globeleq has announced the financial close of its Cuamba solar project in Mozambique.

Oil Price

Saudi Arabia Cuts Oil Prices For Asia In February

Saudi Arabia cut the prices of all the crude grades it will be selling to Asia in February to the lowest premium to regional benchmarks in three months, amid th…

Nuclear Power Plant

Inner Dome Installed at Taipingling 1

Taipingling unit 1, the first of six Hualong One units planned at the site, is scheduled to start up in 2025.

Nuclear Fuel

Ukraine Pushes for Domestic Uranium Supply

A programme to make Ukraine self-sufficient in uranium by 2027 has been approved by the country's cabinet. Nuclear power is planned for significant expansion be…

Nuclear Power Plant

Cavendish and Jacobs Sign MOU for UK Treatment of Japanese Fast Reactor Sodium Coolant

Cavendish Nuclear and Jacobs have signed a Memorandum of Understanding with Japan Atomic Energy Agency for the treatment and re-use in the UK of sodium coolant …

Market Analysis

Russian Nuclear Plants Announce New Electricity Generation Record

Russia’s nuclear utility Rosenergoatom said on 2 January that Russian nuclear power plants had begun 2022 with a new electricity generation record of 222.436TW…

Energy Storage Battery

Decommissioned Audi EV Batteries used in 4.5MWh Stationary Energy Storage System in Germany

Used lithium-ion batteries taken from carmaker Audi’s electric vehicles have been repurposed into a ‘second-life’ stationary energy storage system by energy …

Offshore Wind Power

New Jersey Joins National Offshore Wind Research Group

NJ Board of Public Utilities will contribute $1m over four years to new initiatives

Nuclear Power Plant

Kazakhstan Looks at Possible Nuclear Power Plant Sites

Kazakhstan is considering the village of Ulken in the Alma-Ata region and the city of Kurchatov in the East Kazakhstan for the possible construction of its firs…

Nuclear Power Plant

First Concrete for Unit 2 of China’s San'ao Nuclear Power Project

First concrete was poured on 30 December for unit 2 of China’s of the San'ao Nuclear Power Project in Zhejiang Province.

Third Hualong One Unit Connected to Grid

Unit 6 of the Fuqing nuclear power plant in China's Fujian province - the second of two demonstration Hualong One reactors at the site - has begun supplying ele…

Nuclear Power Plant

Japan's JAEA and Mitsubishi Heavy to Cooperate in U.S. Fast Reactor Project

The Japan Atomic Energy Agency and Mitsubishi Heavy Industries Ltd. will cooperate in a U.S. project to build a next-generation fast reactor, it has been learne…

Energy Storage Technology

RNESL to Acquire UK’s Battery Technology Firm Faradion

RNESL has also agreed to invest $33m in Faradion as growth capital to expedite commercial roll out.

Coal Trade

Indonesia Bans January Coal Exports

The step could infuse another round of price volatility after spot prices more than halved after hitting multi-year highs in late October 2021.