Nea

Energy Storage Project

CEFC Offers US$127.6 million Debt Finance for 300MW Victoria Energy Storage Project

Australia’s Clean Energy Finance Corporation has invested AU$160 million in a 300MW battery storage project near Geelong, Victoria.

Thermal Plant

Russia to Finance and Build 1.4GW Power Station in Southern Iran

Russia has signed a new agreement with Iran, worth €1.4bn, to build a 1.4GW thermal power plant near the Strait of Hormuz, restarting a project that was first …

Natural Gas

Waga Energy and Ferrovial Servicios to Deliver Massive Landfill Gas-to-Biomethane Project in Spain

The Ferrovial Servicios group, a leading global service operator, has selected Waga Energy to produce biomethane at the Can Mata landfill, one of Spain’s large…

Oil Pipeline

All Parties Accelerate the East Mediterranean Gas Pipeline Project

The project is expected to cost 7 billion euros, with a natural gas transportation volume of 9-12 billion cubic meters per year.

Nuclear Power Plant

Cofrentes Licence Extension Gets Regulatory Approval

The Spanish nuclear regulator has approved the renewal of the operating licence for Iberdrola's Cofrentes nuclear power plant near Valencia until the end of Nov…

Solar Power Plant

SunBrush® Mobil and Infinity Establish Service Base at Benban, Africa's Largest Solar Park

From now on, four Infinity employees will maintain and repair the 24 SunBrush® mobil Compact cleaning devices currently in use at the 1.65 GWp Benban Solar Par…

Electric Car

Ford Increases Electric Vehicle Spending to $22bn

Ford Motors increased its planned investment into vehicle electrification to at least $22bn by 2025, nearly doubling its previous commitment of $11.5bn.

Oil Field

Equinor Makes Oil Discovery Near Norway's Troll Field

Equinor said in a separate statement that the reservoir is expected to contain between 44 million and 69 million barrels of oil equivalent

Hydrogen Project

Plans Unveiled for Green Hydrogen Site at French Energy-from-Waste Unit

SUEZ and SIPEnR have formed a new joint venture to construct a green hydrogen production and distribution plant at the Energy-from-Waste (EfW) unit in Créteil,…

Hydrogen Project

Australia’s Largest Green Hydrogen Plant Advances Towards Execution in Early 2021

Infinite Blue Energy’s landmark green hydrogen project near Perth, Australia reached a new milestone this week with the installation of a weather monitoring sy…

Market Analysis

China Sets 2020 Milestone in Wind-Power Capacity Growth

Construction of wind power in China, offshore and onshore, nearly tripled in 2020 over the previous year, hitting a new record of nearly 72 GW, according to dat…

NEA, IFNEC and Poland Launch Nuclear Financing Initiative

The OECD NEA has launched an initiative together with Poland's Ministry of Climate and Environment and the International Framework for Nuclear Energy Cooperatio…

Market Analysis

China Installed 48.2 GW of Solar in 2020

With the nation almost doubling its new generation capacity figure for the year last month, the National Energy Administration is reportedly considering a joint…

Nuclear Power Plant

Japan's Carbon Neutrality Dilemma: More Nuclear Power or More Renewables?

With Japan committed to becoming carbon neutral by 2050, Prime Minister Yoshihide Suga’s administration is grappling with key questions over which near-term me…

Japan

Japan’s Power Prices Hit Record Highs on LNG Shortage

A severe shortage of LNG supplies among Japanese power utilities on the back of an unseasonably cold winter has driven the country's wholesale electricity price…