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Electric Vehicle Battery

BMW Cancels $2 Billion Battery Cell Order From Northvolt

German automaker BMW said today that it has canceled a €2 billion ($2.15 billion) order for EV battery cells with Northvolt.German media Handelsblatt and m…

Carbon Emissions

Fossil Fuel Use, Emissions Hit Records in 2023, Report Says

Drilling rigs operate at sunset in Midland, Texas, U.S., February 13, 2019. Picture taken February 13, 2019. REUTERS/Nick Oxford/File Photo Purchase Licensing R…

Solar Power Plant

Omnigen Energy Gets $46M Financing to Develop 20 Solar Power Plants in Minas Gerais

Image from Omigen Energy.Omnigen Energy and Appian Capital Advisory LLP announced Wednesday that Omnigen has secured a R$250 million ($46m) financing from Ita&u…

Offshore Substation

European Offshore Wind Substations to Require USD 20 Billion Investment by 2030, Rystad Energy Says

According to a recent report from Rystad Energy, continental Europe will see the installation of 137 offshore substations over the coming decade, with an estima…

LNG

Vår Energi Enters Long-Term Gas Deal with VNG

Vår Energi will supply up to 5 Bcm to Germany’s VNG Handel & Vertrieb between 2024 and 2036.Their commercial arrangement started in the early 1990s.Vår Energ…

Wind Turbine

Vestas Contracts Maersk for Wind Turbine Powertrain Transport

Danish wind turbine manufacturer Vestas has awarded its compatriot Maersk a contract for transporting the extra heavy powertrains of its largest ever-built wind…

Electric Vehicles

BYD & Ampersand to Collaborate on Electric Motorcycles in Africa

Ampersand will purchase BYD’s high-tech battery cells to build around 40,000 electric motorcycles by the end of 2026, with the long-term goal of electrify…

SAF

Brazil's Gol, Vibra Complete First SAF 'Book-And-Claim' in Latin America

An airplane of Brazilian airline Gol takes off from Brasilia International Airport, in Brasilia, Brazil May 27, 2024.REUTERS/Adriano Machado/File Photo Purchase…

Solar Power Plant

Equinor's Third Solar Plant in Poland Begins Test Production

Norway-based Equinor has commenced test production at its third solar plant in Poland, named Lipno, boosting the company’s onshore renewables capacity in …

Renewable Diesel

USDA: Growth in US Renewable Diesel Production Impacts Global Feedstock Trade

SOURCE: USDA FASThe USDA Foreign Agricultural Service on June 11 published a report discussing how the recent boom in U.S. renewable diesel production has cause…

Thermal Coal

More Than 800 Coal Plants Worldwide Could Be Profitably Decommissioned

A worker shovels coal as he loads a truck at a coal port in Hanoi February 23, 2012. REUTERS/Kham/File Photo Purchase Licensing RightsMore than 800 coal-fired p…

Oil & Gas Supply

Report: Russia Overtook US as Gas Supplier to Europe in May

A view shows gas wells at Bovanenkovo gas field owned by Gazprom on the Arctic Yamal peninsula, Russia. (File photo: Reuters)Europe’s gas imports from Rus…

Oil & Gas Trade

US Ready to Reopen Oil Stockpile if Petrol Prices Surge Again, FT Reports

Storage tanks are seen at Marathon Petroleum's Los Angeles Refinery in Carson, California, U.S., March 11, 2022. Picture taken with a drone. REUTERS/Bing Gu…

Hydrogen Fuel Vehicle

OVAG Orders 15 Solaris Hydrogen Buses

German carrier Oberbergische Verkehrgesellschaft (OVAG) has ordered 15 Solaris hydrogen buses. These vehicles will enhance the public transport fleet in the Ger…

Pumped Storage

Bulgaria Backed by Eib for 1.6 GW of Pumped Storage

Image: EIBThe EIB will advise and support Bulgaria’s national electricity company Natsionalna Elektricheska Kompania EAD (NEK) as it embarks on the constr…