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Energy Investment
Fluence Gets $125 million Energy Storage Investment Boost from Qatar
The Qatar Investment Authority has committed $125 million investment to global energy storage provider Fluence.
Electric Car
Versinetic’s EV Industry Predictions for 2021
England-based engineering consultant Versinetic is predicting progress in electric vehicle (EV) adoption and the wider rollout of charging infrastructure in the…
Wave Energy
Philippines’ ERC Denies Feed-in-Tariff for Ocean Energy
The Energy Regulatory Commission of the Philippines has denied the petition filed by the National Renewable Energy Board for Feed-in-Tariff for electricity gene…
Oil Field
Italy’s ENI and UAE’s SNOC Begin Gas Production from Mahani Field in Sharjah
Italian energy major ENI and Sharjah National Oil Corporation from the United Arab Emirates announced on January 4 production start-up from the Mahani field, lo…
Offshore Wind Power
Hornsea 2 Wraps up Onshore Cable Works
Subcontractor VolkerInfra has completed onshore cable works for the 1400MW Hornsea 2 offshore wind project.
Clean Energy Transition
RES Built 2.2GW of Clean Power in 2020
RES completed construction of 2200MW of new renewable energy projects in 2020, bringing the total volume of operational developments the company supports to 7GW…
Carbon Neutral
Exxon Reveals Full Scope of Fuel Emissions for First Time
Oil giant has come under pressure from activist investors.
Hydropower Plant
GE Signs Agreement with BE Power to Accelerate 400 MW Pumped Hydro Project in Australia
Nearly half of the more than 8 GW of hydropower capacity operating in Australia today is powered by our turbines, generators or both.
Microgrid
A Look at the Year Ahead and How Microgrids Are Shaping the Power Industry
2020 was a transformative year for the power sector, underlining both new challenges and potential opportunities.
Solar Power Plant
Nigeria Electrification Project Energises Another Community
The Shimankar community has joined a number of communities across Nigeria that are experiencing social and economic progress facilitated by the solar mini-grids…
Oil Price
2021 Oil Prices Seen Hovering Around $45 per Barrel in 2021
2021 oil prices seen hovering around $45 per barrel in 2021: Moody's Investors Service.
Iran
Strait of Hormuz: The World's Most Important Oil Artery
Iran's Revolutionary Guards Corps seized a South Korean-flagged tanker in Gulf waters and detained its crew, amid tensions between Tehran and Seoul over Iranian…
Biobattery
Wärtsilä to Build Two Large-Scale Biogas Upgrading Plants in Denmark
Biomethane company Nature Energy has ordered two large-scale biogas upgrading plants from technology company Wärtsilä, to be delivered to different locations …
Coal-Fired Power Plants
Enel Accelerates Chilean Coal Phase-out with Early Plant Closure
The Enel Group, through its subsidiary Enel Generación Chile, has disconnected and ceased operations at Unit I of Bocamina coal-fired power plant, which is loc…
Coal-Fired Power Plants
AES to Sell Equity in 1,242MW Coal-Fired Plant in Vietnam
Power company AES Corp has agreed to sell its majority interest in the 1242MW Mong Duong 2 coal-fired power plant in Vietnam.
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