Ncr

The Bitcoin Energy Challenge

As the Bitcoin price surges so does the energy consumption as mining increases, but management and regulatory options are possible.

Market Analysis

GWEC: North and Latin America Increased Wind Power Installations by 62% in 2020

2020 was record year for wind power in both North and Latin America, installing nearly 22 GW of new capacity in the region, or 62% more capacity in 2020 compare…

SINOPEC

Sinopec Accelerates Hydrogen Energy Development to Build World-leading Clean Energy Chemical Company

As a secondary source of energy, hydrogen is playing an increasingly important role on the world energy stage.

Energy Taxation

Basic Customs Duty Expected to Increase Solar bid Tariffs by up to 50 Paise per Unit: ICRA

Basic customs duty of 25 per cent and 40% on imported solar cells and modules, respectively, is likely to result in an increase in solar tariffs.

Solar Power Panel

Chinese Firm BYD Increases Solar Panel Production in Brazil

Demand for solar power equipment has risen in Brazil as solar energy had the highest growth in the country last year, outpacing thermal and wind energy.

Nuclear Reactor

Rosatom Targets 24 New Reactor Units in Russia by 2045

Rosatom has announced that implementation of Russian President Vladimir Putin's decision to increase the share of nuclear power in the country's energy mix to 2…

Nuclear Power Plant

First Concrete Poured for Akkuyu Unit 3

Rosatom announced today that first concrete has been poured for the third unit of the Akkuyu nuclear power plant under construction in the Mersin province of Tu…

Crude Oil

Libya Targets 1.45mn b/d Oil Output by Year-End

Libya aims to increase its oil output to 1.45mn b/d by the end of the year, a level not achieved since 2012.

Electric Vehicle Battery

Samsung SDI Increasing Investment for Better Batteries

Samsung SDI invested a record high of 808.3 billion won in R&D last year.

Electric Car

Spain Increases Electric Mobility Subsidies

The Spanish government has expanded the budget for its Moves II subsidy programme from 100 to 120 million euros.

Hydrogen Production

Haldor Topsoe to Build Electrolyser Manufacturing Facility to Meet Demand for Green Hydrogen Production

Danish engineering firm Haldor Topsoe will build a solid oxide electrolyser manufacturing facility with a total capacity of 500MW per year to accommodate the “…

Biobattery

French Albioma Expands Biomass Capacity in 2020

French renewable energy provider Albioma increased its biomass-fired capacity in 2020, despite delays to plant conversions as a result of the Covid-19 pandemic.

Electric Vehicle Charging

Number of Germany's Electric Vehicle Charge Points Rise 10% Since December

The number of charging points for electric vehicles in Germany has increased by more than 10% in the past three months to reach 39,538, energy industry associat…

Crude Oil

OPEC+ Considers Production Increase At March Meeting

OPEC+ will discuss the possibility of increasing its oil production levels at the next meeting, OPEC+ sources said on Wednesday.

Electric Car

South Korea's Electric Vehicle Sales, Exports up in Jan

South Korea's domestic sales of electric vehicles increased in January for the 12th consecutive month.