Nda

Hydropower Plant

BURUNDI: Finergreen Funds Hydroneo to Revive Mpanda Hydropower Project

The plant, which will have a capacity of 10.2 MW, will reach financial close in 2022.

Nuclear Power Plant

Vattenfall Invests $1.2 Mln in Estonian Nuclear Energy Start-Up Fermi Energia

Swedish state-owned utility group Vattenfall Group AB said Monday that it has agreed with Estonian nuclear-energy start-up Fermi Energia to become a minority sh…

Carbon Emissions

Australia's Carbon Emissions Drop 5 per cent in 2020

Australia's carbon emissions fell by 5 per cent in 2020 with growth in wind and solar energy, a hit to transport from coronavirus lockdowns, and a rise in carbo…

Crude Oil

Iran Claims Its Oil Production Could Jump To 6.5 Million Bpd

Iran can boost its crude oil production to as much as 6.5 million barrels per day when the U.S. sanctions on its oil industry are lifted, Iranian Oil Minister B…

Oil Price

Oil Prices Stay Firm As Demand to Outstrip Supply in H2

Oil prices climbed in early Asian trade on Monday, underpinned by the bright outlook for fuel demand growth in the next quarter, while investors looked ahead to…

Hydropower Plant

Karuma Power Dam Launch Delayed Again

The launch of the 600 MW Karuma Hydropower Dam has been delayed again.

Hydropower Plant

Main Structure of World's 2nd Largest Hydropower Station to Finish on Monday, Operations Start on July 1

Baihetan Hydropower Station, the world's second largest after the Three Gorges Dam, is expected to have its last reservoir completed on Monday in Southwest Chin…

Oil Refinery

Oil Refiners to Begin Olefin Business in 2nd Half of 2021

GS Caltex and Hyundai Oilbank will start operating their olefin facilities in the second half of 2021, signaling a big change in the petrochemical industry.

Electric Car

Hyundai Motor Co. to Sell off Its First Plant in Beijing

Hyundai Motor Co. is seeking to sell off the site of its first plant in Beijing to a district government of the city, Chinese media outlets reported on May 30.

Hydrogen Fuel Cell

Hyundai Upgrades Xcient Fuel Cell Truck

Hyundai Motor Company’s commercial vehicle division aims to have upgraded versions of hydrogen-fuelled Xcient Fuel Cell model on the production lines in three …

Geothermal Power Plant

Shell joins the International Geothermal Association

The International Geothermal Association (IGA) has kicked off the geothermal decade and is well positioned to drive the geothermal technology agenda in the comi…

Hydropower Plant

MOZAMBIQUE: the Construction of the Mphanda Nkuwa Dam will Start in 2024

The facility built on the Zambezi River will operate with a power plant with a capacity of 1 500 MW.

Carbon Neutral

Volvo Cars Torslanda Becomes Company’s First Climate-Neutral Car Plant, Second in Overall Network

Volvo Cars announced that its Torslanda site in Sweden is its first car manufacturing plant to reach fully climate-neutral status.

Electric Vehicle Battery

Hyundai Motor and LG Energy Solution to Set up Joint Venture Battery Factory in Indonesia

Hyundai Motor Co. and LG Energy Solution are expected to announce the establishment of a joint venture electric vehicle battery plant in Indonesia as early as n…

Electric Car

Hyundai Aims to Sell One Million EVs per year by 2025

The move will result in a 50% reduction in models powered by fossil fuels, one of the people said, adding the strategy was approved by top management in March