Nea

Australia

Australia’s Westpac to Slash Lending to Coal, Oil Companies by 2030

Australia's Westpac Banking Corp unveiled its plans on Wednesday to reduce lending to coal, oil and gas companies by nearly a quarter by 2030, joining its peers…

United Kingdom

Shell Greenlights Investment in Major Gas Field in the UK North Sea

Located nearly 250 kilometres east of Aberdeen, Scotland, the Jackdaw field is expected to come online by 2025

Hydropower Plant

Construction of Chinese-Built Hydropower Plant in Zambia Nears Completion

Last Thursday, Zambian President Hichilema toured the Kafue Lower Gorge Power Station, a Chinese-built hydropower plant.

China

China Solar Installations More Than Double in First Half

China built nearly 31 gigawatts (GW) of new solar power capacity from January to June, up 137% from a year earlier, with full-year installations on course to hi…

United Kingdom

Two Thirds of Energy Industry Professionals Think the Market Needs to Be Drastically Reformed

A survey conducted by Cornwall Insight has shown nearly two thirds (63%) of people working in the energy industry believe the UK market needs to be drastically …

Energy Storage Battery

Battery Storage to Be a Quarter of Ireland’s Installed Capacity by 2030

Data from Cornwall Insight Ireland’s - ‘All-Island Power Market Outlook to 2030’ paper - has shown battery storage capacity will grow to become nearly a quar…

Natural Gas

India to Nearly Double CNG Stations in Two Years: Minister

The country at present has 4,500 CNG stations.

LNG

Wood Mackenzie and Ball Corporation Introduce New Tool That Tracks Global LNG Liquefaction Train Statuses in Near Real-Time

Wood Mackenzie, Inc. a Verisk business, and Ball Corporation today announced the launch of Global LNG Liquefaction Monitoring – the first product arising from …

Offshore Wind Power

Mainstream Renewable Power and Aker Offshore Wind Agree to Merge

Aker Horizons will own a stake of nearly 58.6% in Mainstream once the deal has closed.

United Kingdom

UK Approves 25% Windfall Tax on Oil and Gas Producers

British lawmakers have officially approved a 25% windfall tax on oil and gas producers that will earn the government nearly $6 billion in one year to put toward…

Electric Car

Powerful EV Charging and Hybrid Batteries Usher in Energy Superhub Oxford

Oxford City Council, Pivot Power, Fastned, Tesla Superchargers and Wenea have opened what is touted to be Europe’s most powerful electric vehicle (EV) charging…

Electric Vehicle Battery

Latest Developments in Electric Vehicle Battery Recycling

Lithium-ion batteries are used in nearly every electric vehicle and have a service life of around 10 years before replacement is needed.

Thermal Plant

Japan’s JERA Says It Shut Down a 500 MW Power Plant Due to Fire

A fire caused Japan's biggest power generator JERA to shut down a 500 megawatt (MW) unit at its Chiba thermal power station near Tokyo on Saturday.

IEA: “Building Sustainable Energy Systems Will Be Riskier Without Nuclear”

Nearly 63% of current nuclear power capacity is more than 30 years old, according to a report

Offshore Wind Power

Offshore Wind Growth to More Than Double in 2031: Report

It is projected to reach nearly 55GW in 2031.