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Electric Vehicles

BYD Expects at Least $4 Billion in Net Income From Surging EV Sales

After a record EV sales year, BYD expects to rake in at least $4 billion in net income. BYD forecasts its profits rising at least 75% last year.BYD expects at l…

Electric Vehicles

Tesla (Tsla) Plans to Spend $10 Billion This Year to Achieve Next Growth Phase

Tesla (TSLA) confirmed that it is increasing its planned capital spending to $10 billion this year as it tries to achieve its next growth phase.Lately, Tesla ha…

Hydropower Plant

PVO-Vesivoima and Caverion Extend Collaboration for Hydropower Plants in Finland

Finnish energy company PVO-Vesivoima Oy and Caverion Corporation today announced the continuation of their strategic partnership for the operation and maintenan…

Nuclear Power Plant (NPP)

Halushchenko: Khmelnitsky Can Become Europe's Most Powerful Nuclear Plant

Ukraine's Energy Minister Herman Halushchenko says that the process of adding four new units at the Khmelnitsky nuclear power plant will start this year.Hal…

Nuclear Power Plant (NPP)

Major Module Installed at Xudabao 1

The largest and heaviest module - the CA20 - has been installed at unit 1 of the Xudabao nuclear power plant in China's Liaoning province, China National Nu…

Nuclear waste

Nukem Completes Mock-up of Waste Cementation System

Germany's Nukem Technologies Engineering Services GmbH - a subsidiary of Russia's Atomstroyexport - announced that the experimental setup for its state-…

Renewable Diesel

Valero Impacted by Lower Renewable Diesel Margins in Q4, Saf Project Progressing on Schedule

Valero Energy Corp. released fourth quarter financial results on Jan. 25, reporting an increase in renewable diesel production volumes. Operating income was dow…

Floating Offshore Wind

Bluefloat, Renantis and Ørsted Move Forward With 1 GW Scottish Floater

Stromar Offshore Wind Farm Limited, a joint venture between Ørsted, BlueFloat Energy, and Renantis, has submitted the environmental impact assessment (EI…

Offshore Wind Power

RWE and DHL Sign Offshore Wind Power Purchase Agreement

German logistics company DHL Group has signed a long-term power purchase agreement (PPA) with RWE Supply & Trading for electricity generated at the 342 MW Kaska…

Offshore Wind Power

Skipjack Wind to Be Repositioned for Future Offtake Opportunities

Ørsted announced that it will reposition Skipjack Wind, a combined 966 MW project under development off the coast of the Delmarva peninsula in the US, fo…

Wind Farm

GE Vernova Announces 1.4 GW of Onshore Wind Projects With Squadron Energy in Australia

GE Vernova to supply the 6.0-164 workhorse wind turbine in strategic framework agreement, providing 1.4 GW of wind power generation across three sites.Framework…

Microgrid

G&W Electric Experienced Outages That Cost Millions of Dollars but Will Gain Resilience With 4-Mw Microgrid at Chicago Facility

Rooftop solar at G&W Electric headquarters, photo courtesy of G&W ElectricG&W Electric, a 99-year-old international provider of electrical components, has commi…

Hydrogen Technology

Baker Hughes Making Strides in Transition to Hydrogen Economy

Energy technology company Baker Hughes has reached numerous milestones in the advancement of its hydrogen-enabling technologies as well as in executing several …

Hydrogen Production

Wilhelmshaven Hydrogen Initiative Welcomes First North American Partner

Canadian renewable energy company World Energy GH2 has joined Port of Wilhelmshaven’s ENERGY HUB, an initiative that aims to position Wilhelmshaven as the…

LNG

Seatrium Delivers 12,000 Cbm Brassavola for Lng Bunker Services in Singapore

Brassavola, a 12,000 cubic meter LNG bunker vessel set to be deployed in the Port of Singapore, has been delivered to Indah Singa Maritime, a wholly-owned subsi…