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Energy Transition
Amara Raja Plugs into New Energy
The auto battery major gears up for electric mobility with new leadership
Market Analysis
Xcel Energy Sets New Regional Wind Energy Records
Boosted by strong production from Xcel Energy’s new Sagamore Wind Project in New Mexico, wind energy accounted for more than half the region’s electricity sup…
Biofuel
New Zealand Proposes New Biofuels Targets
New Zealand is proposing a biofuels regulation to reduce greenhouse gas emissions under which fuel suppliers will have to reduce emissions of the fuels they sel…
Electric Car
Japan’s Mazda Outlines Boost to EV Sales Ratio
Japanese auto producer Mazda has a strategy to boost the ratio of electric vehicles to 25pc of all sales by 2030, planning to launch three new all-electric cars…
Wind Farm
Vestas Secures Turbine Supply Contract for Ukraine Wind Project
The entire DTEK Tiligul project is expected to come be commissioned in the third quarter of 2022.
China Belt and Road
China's Investment into BRI Countries Expands in Jan.-May
China's outbound direct investment into countries involved in the Belt and Road Initiative increased in the first five months, official data showed.
Hydrogen Project
DNV and Keppel Offshore & Marine Ink Deal to Develop Hydrogen Projects in Singapore
DNV, the independent expert in assurance and risk management, has signed an agreement with Keppel Offshore & Marine for collaboration on the hydrogen value chai…
Solar Power Plant
Banks Renewables’ Leeds Solar Farm Gets Go Ahead
A new solar farm set to have an installed capacity of up to 50MW has been approved by Leeds City Council.
Solar Cell
Saules Technologies Opens Perovskite Solar Cell Factory in Poland
The Polish perovskite solar cell specialist claims to be the first company in the world to have commissioned commercial production of the technology.
Offshore Wind Power
Saitec Begins the Processing of the First Offshore Wind Farm in the Basque Country
With a total power of 45 MW and with three wind turbines.
Crude Oil
Crude Oil Prices Steady Near Multi-Year Highs
Crude oil prices hovered near multi-year highs on Thursday, buoyed by falling U.S. crude inventories which limited the impact of a stronger U.S. dollar.
Oil Price
Biden, Putin Did Not Discuss Oil Prices Or OPEC+ Deal
The leaders of the United States and Russia did not discuss oil prices or the OPEC+ deal at their summit in Geneva on Wednesday
Crude Oil
Oilfield Services Receive A Major Boost As Oil Prices Rally
The steady and substantial climb in oil prices has led to more business for oilfield service providers and higher prices.
Natural Gas
Equinor Extends Heimdal Gas Center’s North Sea Service Contract to 2023
New wells at Valemon will extend profitable operations at Heimdal, which is processing gas from Valemon.
Energy Storage System
Hitachi ABB to Provide Battery Storage for TVO
Hitachi ABB Power Grids has been awarded a contract to provide Teollisuuden Voima with one of Europe’s largest battery energy storage systems to the island of …
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