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Emissions Trading System

Sinopec Completes the First Bulk Agreement Transaction in China's Carbon Market

Sinopec successfully completed the first major agreement transaction in the national carbon market, buying 100,000 tons of national carbon market carbon allowan…

Hydrogen Project

Liquid Hydrogen Blasts Jeff Bezos’ “New Shepard” into Space with Low Carbon Emissions

Hot on the heels of Richard Branson’s recent space mission, Jeff Bezos successfully completed “New Shepard’s” first human flight on July 20 using liquid hyd…

Solar Power Plant

GABON: Total Eren to Build a 50 MWp Solar Power Plant Near Libreville

An agreement was recently signed between the Gabonese authorities and Total Eren for the construction of a 50 MWp solar power plant near the capital Libreville.

Crude Oil

Goldman Cuts Q3 Brent Forecast to $75 a Barrel

Oil prices fell $5 a barrel on Monday in response to fears over the hit to demand from rising Delta coronavirus infections and an OPEC+ agreement to boost outpu…

Energy-Eficient Building

Kosovo* Gets EUR 5 million for Saving Energy in Households

The European Bank for Reconstruction and Development has approved a EUR 5 million credit line to Raiffeisen Bank Kosovo under the Green Economy Financing Facili…

Floating Offshore Wind

South Korea Floater Wins DNV Approval

Samsung Heavy Industries has developed an offshore wind floating platform design for the South Korean market that has received approval in principle from DNV.

Nuclear Policy

Iran Claims Nuclear Deal Draft Is Incompatible With New Iranian Law

The draft agreement between Iran and world powers over the possible restoration of the so-called nuclear deal is incompatible with a recently passed Iranian law…

Crude Oil

U.S. Crude Oil Exports Reached Record Levels in 2020, Remain High in 2021

Despite volatility in global oil markets, U.S. crude oil exports reached a record high in 2020.

Hydropower Plant

Video: Extreme Drought Could Shut Down a Hydroelectric Power Plant In California

Officials are preparing for the likelihood that California’s record breaking drought will come for its renewable energy stores.

Electricity Trade

French Power Exports Set for Record July on Strong Nuclear, Weak Demand

French power exports are set for a record July with net flows averaging 9.6 GW so far, with nuclear reactor output up sharply year on year while domestic demand…

Solar Power Plant

China Added 13 GW of Solar to the End of June

The volume of new PV generation capacity added in the first half was higher than expected, given the rising input costs seen in recent months, but solar was nev…

HVDC

Aker Solutions to Build Offshore Wind HVDC Platform

Aker Solutions will supply the high-voltage, direct current converter platform for an unnamed offshore wind project under an EPCI contract.

Energy Storage Battery

Hungarian Government to Subsidize SK Innovation’s Battery Plant Construction

SK Innovation will receive 90 million euros in support funds from the Hungarian government for the construction of a battery plant.

Nuclear Power Plant

Egyptian Energy Minister Mohamed Shaker and Rosatom Director General Alexey Likhachev Visit El-Dabaa NPP Construction Site

Rosatom Director General Alexey Likhachev and Egypt’s Minister of Electricity and Renewable Energy Mohammed Shaker visited the construction site of Egypt’s El…

Carbon Neutral

Representatives Call for Green Maritime Connectivity Under BRI

Participating countries of the Belt and Road Initiative are expected to enhance marine ecosystem protection and accelerate the development of a maritime communi…