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Market Analysis

French Central Bank to Exit Coal, Cap Oil and Gas Investments

The French central bank said on Monday it would exit from coal and limit exposure to gas and oil in its investment portfolio by 2024 as part of a shift towards …

Electric Vehicle Battery

UK Produces First Battery-Grade Lithium At Home

A British consortium that includes Cornish Lithium, a junior eager to lead the development of a lithium industry in the UK, said on Monday it had locally produc…

Electric Car

Deliveries Begin for Tesla's China-Made Model Y

U.S. electric carmaker Tesla Inc. on Monday began Shanghai deliveries of its built-in-China Model Y.

Hydrogen Fuel Cell

Hyundai Motor Group Building New Fuel Cell System Plant in China; First Outside of Korea

Hyundai Motor Group signed an investment contract with the government of Guangdong Province to establish an offshore fuel cell system production facility in Gua…

Energy White Paper

China Issues White Paper on International Development Cooperation

China on Sunday issued a white paper on the country's international development cooperation.

Oil & Gas Trade

Iran: Foreign Oil Firms Must Accept New Terms To Work In Country

Foreign energy firms and contractors have to accept Iran’s new terms and conditions if they return to work in the country, Iran’s Oil Minister Bijan Zanganeh …

Electric Car

Beijing Hyundai to Recall 2,591 Electric Vehicles in China

Beijing Hyundai Motor Co. will recall 2,591 vehicles from the Chinese market over a defect that may cause the cars to have issues stopping, according to China's…

Wind Farm

Deutsche WindGuard Unlocks Complex Wind Sites with ZX Lidars

With the introduction of a solution to allow the standalone use of wind lidar ZX 300 in complex terrain, Deutsche WindGuard has made a successful start to 2021.…

Crude Oil

OPEC+ Meeting Ends With Major Surprise Cut From Saudi Arabia

After another round of drama and a stalling of the talks on Monday, the Tuesday extension of the OPEC+ meeting concluded at long last with a solution upon which…

Crude Oil

Oil Prices Touch Multi-Month Highs as OPEC+ Expected to Hold Output

Oil prices touched multi-month highs on Monday on expectations that OPEC and allied producers may cap output at current levels in February as the coronavirus pa…

United States

Biden to Rescind Trump's Last-Minute Rulemaking

President-elect Joe Biden plans to act quickly upon taking office to block pending regulations issued by his predecessor and to rescind executive orders issued …

Solar Power Plant

Endesa Connects First two PV Plants in Seville

Spain’s largest utility has completed the installation of its first two PV plants to be connected to the grid in the Andalusian province of Seville.

Crude Oil

Oil Price Rally Fades as OPEC’s Plans Overshadow U.S. Stimulus

A brief rally in crude oil deflated Monday as investors ignored a broader market surge that pushed equities to an all-time high and focused instead on looming n…

Energy Storage Project

Terra-Gen and Mortenson Will Build Solar-Plus-Storage Project

New York-based renewable energy developer Terra-Gen has collaborated with construction firm Mortenson to build what they claim is the world’s largest standalon…

Solar Power Plant

China's CEEC to build 869 MW of wind, solar parks in Brazil

China Energy Engineering Corp, also know as CEEC, announced on Monday that one of its units has secured two contracts to build 869 MW of renewable power plants …