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Energy Storage Technology

RNESL to Acquire UK’s Battery Technology Firm Faradion

RNESL has also agreed to invest $33m in Faradion as growth capital to expedite commercial roll out.

Coal Trade

Indonesia Bans January Coal Exports

The step could infuse another round of price volatility after spot prices more than halved after hitting multi-year highs in late October 2021.

Power Construction

Chance of power market reversal weighs on Mexico

A possible constitutional electricity overhaul will dominate the outlook for Mexico's power sector in 2022, even if chances for its passage appear difficult.

Solar Power Plant

Roofing Giant Takes on Tesla to Make Solar Roof Shingles more Affordable

When Elon Musk unveiled the Tesla Solar Roof in 2016, it was the first that many people had heard of solar shingles.

RCEP

RCEP Set in Motion, Giving a Shot in Arm to Global Economy

The Regional Comprehensive Economic Partnership, taking effect on Saturday, shines rays of hope through the dark clouds of unilateralism and protectionism.

EU

Europe Plans to Say Nuclear Power and Natural Gas Are Green Investments

The draft proposal could help unleash a wave of investment, but critics say both sources of energy cause damage to the environment.

Energy Storage Battery

Eolus Sells 120MW US Battery

The Swedish developer has secured a deal with Aypa Power for the Cald storage project in Los Angeles

Offshore Wind Power

Huaneng Powers up 1GW of Projects in China

Huaneng has started commercial operations for 1GW of new renewables projects in China.

Energy Investment

Iran to Add 10GW to Renewable Energy Capacity

Iranian Energy Ministry and some of the country’s private contractors signed memorandums of understanding on Sunday for cooperation in the construction of rene…

LNG

South Korea Retires Two Oldest Coal-Fired Power Plants, to Replace with LNG

South Korea has permanently shut its two oldest coal-fired power plants, which will be replaced by new LNG-based ones, in line with President Moon Jae-in's push…

Electricity Trade

Power Costs in Europe Soar to Record High in 2021

The continent's energy crunch followed shortages of natural gas just as demand rebounded following 2020’s lockdowns

Oil & Gas Supply

Russia’s Oil Output to Rise by 5% in 2022

Russia’s deputy prime minister Alexander Novak expects the oil output to rise by 5 per cent next year and reach its pre-pandemic level by May 2022.

Electric Car

POSCO International to Expand Its Business Areas to Electric Vehicle Parts

Tesla is asking employees to fight a California proposal that would make rooftop solar more expensive.

Energy-Eficient Building

Nearly 2k Homes Across West Midlands to get Energy Efficiency Boost

Poor insulated, low income households are set to receive support from the local authorities

Solar Power Plant

European Solar PV Capacity Jumped 34% in 2021

2021 is touted as the best year in solar history according to a new study