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Net Zero Emission
Sri Lanka to Cease Building Coal-Fired Plants, Aims to be Net-Zero Emitter by 2050
Renewable energy sources such as wind and solar, and small and large hydro power plants together account for half of the island nation's installed electricity c…
Electric Vehicle Battery
Mercedes-Benz Joins European EV Battery Joint Venture
Luxury automaker Mercedes-Benz is teaming up with Stellantis and TotalEnergies in a European electric vehicle battery joint venture, Automotive Cells Co.
Oil Price
Oil Price Hits Highest in Almost Three Years As Supply Tightens
Brent futures rose 84 cents, or 1.1%, to settle at $78.09 a barrel, while U.S. West Texas Intermediate crude rose 68 cents, or 0.9%, to settle at $73.98.
Battery Recycling
Ford Invests in Electric Vehicle Battery Recycling Company
The Dearborn, Michigan, automaker will invest in Redwood Materials, a Nevada-based company founded by former Tesla executive JB Straubel
Coal-Fired Power Plants
China’s Pledge to End Building Coal Plants Abroad Improves Belt and Road’s Reputation, Development Bank Says
Coal projects were a consistent feature of the BRI in the last years.
Wind Turbine
'MingYang Plans Factory in Germany'
Facility would produce turbines totalling at least 1GW each year
Energy Storage Project
Foresight Group Buys 50MW Scottish Battery
Foresight Group has acquired the 50MW Blackpark energy storage project in Scotland from ILI Group for an undisclosed price.
Oil & Gas Supply
Norway's August Oil Output Beats Forecast, Gas Lags
Norway's oil production beat official expectations in August, while its natural gas output lagged, preliminary data from the Norwegian Petroleum Directorate sho…
Oil Price
Demand Recovery Leaves $100/bl Oil on Track
Global commodity trading firm Trafigura is maintaining its forecast for oil prices to potentially hit $100/bl late next year, despite the risk of short-term Cov…
Energy Transition
Eni Launches First-Ever Energy Compact
The company aligned some of its energy transition goals with UN-backed initiatives.
O&M
RWE to Build New O&M Hub in Grimsby
Planned facility will be the base for servicing 1.4GW Sofia in future
Offshore Wind Power
IRENA and GWEC Target 380GW of Offshore Wind Capacity by 2030
The IRENA and the GWEC have announced an agenda to ensure sustainable energy for all that helps the global battle against climate change.
Hydrogen Production
Offshore Hydrogen Production gets a Boost with New Partnership
Offshore engineering company Aquaterra Energy has partnered with green hydrogen producer and supplier Lhyfe and offshore drilling contractor Borr Drilling to de…
Hydropower Plant
Hydro Plants Refinanced in Colombia
Holland & Knight has announced it advised Bancolombia S.A. as the lender in a refinancing of five hydroelectric power plants operated by Grupo LAREIF.
Offshore Wind Power
GE Renewable Energy and ACTA MARINE Sign Offshore Wind Energy Contract
The wind farm, located off the coast of Saint-Nazaire, is managed by a consortium between EDF Renouvelables and Enbridge, and will be one of the first commercia…
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