Port

General Electric Upbeat on 2021 after Profitable 2020

In the fourth quarter, GE reported $2.4 billion in profits, more than four times the level in the year-ago period, reflecting the benefits of cost-cutting initi…

Energy Transition

Saudi Arabia Seeks European Partners to Develop Hydrogen

The world's largest oil exporter is looking to add 50% renewables to its energy mix

Croatia

Croatian Firm Končar Celebrates 100 Years

Croatian electrical, transport and energy company KONČAR has just turned 100 years old.

Electric Car

President Joe Biden Commits to Replacing Entire Federal Fleet with Electric Vehicles

The commitment, if it bears out, could give a boost to U.S. automakers, particularly those that have diverse portfolios that include passenger cars, commercial …

Oil & Gas Trade

IMF Sees Oil Prices Averaging $50 In 2021

Oil prices are set to average $50 per barrel for 2021, rising by 20 percent from the average last year, but still well below the average for 2019

Hydrogen Project

Imported Blue Hydrogen ‘Cheaper than Green’ in EU

Imported hydrogen will be cheaper than green hydrogen made in the EU in 2030, according to a new study by Aurora Energy Research.

Wave Energy

CorPower Ocean and OPS Composite Solutions Collaborate on Wave Energy Project

CorPower Ocean and OPS Composite Solutions are primed to deliver an ‘industry advancing’ wave energy project after securing close to €500 000 from EEA Grants…

Coal Trade

German Coal Imports Fell for 6 Consecutive Years

​The demand for coal in the German steel industry has fallen sharply, coupled with the continuous development of renewable energy, it is expected that in 2021.…

Hydrogen Project

Yara, Engie Secure $2m Funding for Major Pilbara Green Hydrogen Project

Fertiliser manufacturer Yara and global energy company Engie have been boosted by $2m of Western Australia government funding to support their major green hydro…

Solar Power Plant

JinkoSolar Supplied 2.3GW Modules to Vietnam in 2020

According to the export data, JinkoSolar, one of the world’s largest and most innovative solar module manufacturers, supplied more than 2.3GW high-efficiency m…

Energy Storage Project

Eelpower JV to Boost UK Battery Storage

Eelpower has signed a JV with SUSI Partners to accelerate the rollout of the UK energy portfolio.

Energy Technology

Boosting the Efficiency of Carbon Capture and Conversion Systems

Systems for capturing and converting carbon dioxide from power plant emissions could be important tools for curbing climate change, but most are relatively inef…

Coal Trade

Morocco Relying more Heavily on Russian Coal

Morocco's reliance on Russian coal imports increased in the first 11 months of 2020, as receipts from other sources fell sharply.

Israel

Masdar And EDF Renewables Enter Strategic Alliance To Explore Renewable Energy Opportunities In Israel

Under the agreement, Masdar and EDF Renewables Israel, a wholly owned subsidiary established in 2010, will look to collaborate on existing renewable energy proj…

Solar Power Plant

Lightsource BP and RIC Energy Partner up on Spanish Solar Projects

Through the partnership, Lightsource bp, a company specialising in the development and management of solar energy projects, has acquired a 1.06 GW project portf…