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Energy Storage Project

Statera Secures 'One of the Largest UK BESS Debt Deals To-Date' for 600MWH Project

The site of the future project which will combine batteries and a flexible generation plant. Image: Statera Energy.UK-based energy storage developer Statera Ene…

LNG

Germany Builds up LNG Import Terminals

Model of LNG tanker is seen in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsCzech utility CEZ (CEZP.…

Oil & Gas Trade

Brazil's Petrobras to Invest $102 Billion in Next Five Years

Jean Paul Prates, CEO of Brazil's state-run oil company Petrobras, speaks during a news conference at the Petrobras headquarters in Rio de Janeiro, Brazil M…

Energy Investment

World Business Outlook Awards 2023: Benchmark for Ultimate Business Excellence

World Business Outlook is elated to announce the recipients of the top honours for its 2023 Annual Awards. It is one of the much-anticipated global events that …

Solid-State Batteries

Sax Power unveils plug-in 5.8 kWh lithium iron phosphate battery

German battery supplier Sax Power has developed a new lithium iron phosphate (LiFePO4) storage system for residential applications. The company said it launched…

Energy Investment

Global Financial Institutions Jump at Chance to Boost China Presence

Many global financial institutions have been briskly stepping up investments and increasing their presence in China this year, as the country's brightened e…

Power Construction

Report: Upgrading Global Grids Could Cut Clean Energy Transition Costs by $3TR by 2040

Image: Credit: iStockResearch estimates investing in grid upgrades to prepare for influx of renewable energy capacity would in many cases be cheaper than failin…

Hydropower Plant

Capacity of Hydropower Plants in Central Asia Set for 8900MW Increase by 2035, Suggests Edb's Nikolai Podguzov

Nikolai Podguzov, Chairman of the Eurasian Development Bank (EDB) Management Board, has suggested that the capacity of hydroelectric power plants in Central Asi…

Nuclear Power Plant (NPP)

South Korea, UK Agree to Bolster Nuclear Cooperation

A new Clean Energy Partnership between the UK and South Korea, together with nine memorandums of understanding regarding cooperation in nuclear energy, have bee…

Microgrid

New AC/DC Hybrid Microgrid to Be Built in Singapore

Source: Arpan on Shutterstock / Shutterstock.comThe National University of Singapore (NUS) has signed a Master Research Collaboration Agreement with Keppel, a S…

Oil & Gas Technology

Capital Power acquires two natgas-fired power plants in U.S. for $1.1 bln (Nov. 20)

Canadian energy company Capital Power (CPX.TO) said on Monday it was acquiring two U.S.-based natural gas-fired generation facilities in California and Arizona …

Oil & Gas Trade

Nigeria, Germany Seal $500M Gas, Renewable Energy Deal

The Nigerian government and that of Germany have entered into a bilateral agreement that would see both countries exchanging gas and renewable energy resources.…

Pumped Storage

Expression of Interest Open for Borumba Pumped Hydro Project's Largest Exploratory Works Package

Queensland Hydro has officially opened the Expression of Interest (EOI) phase for the Underground Works - Tunnel Drilling package, marking a crucial milestone i…

Hydrogen Storage

Forvia Scores a Hydrogen Storage Win in North America

The automotive technology supplier has secured a significant contract.FORVIA (Nanterre, France), the world’s seventh largest automotive technology supplie…

Coal Trade

Teck Announces Full Sale of Steelmaking Coal Business

Teck Resources Limited has announced it has agreed to sell its entire interest in its steelmaking coal business, Elk Valley Resources (EVR), through a sale of a…