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Electric Car

Bolt EV Nabs First Place in Imported EV Sales in April

The Bolt EV became the best-selling imported electric vehicle in April by selling 148 units.

Solar Inverter

Sungrow Wins Supply Contract for Egyptian PV Project

Sungrow will supply its 250kW inverter solution and its MVS6650-LV medium-voltage turnkey station for the $160m project.

EV Market

BYD New-Energy Vehicle Sales Nearly Double in April

China's leading new-energy vehicle manufacturer BYD reported surging sales in April.

Oil & Gas Trade

Yemen Takes First Batch of Saudi Oil Products at Aden

The first shipment of Saudi oil products exported to Yemen as part of a grant agreed with the internationally recognized government there arrived at the Yemeni …

United Arab Emirates

Dana Gas Year on Year Profits Leap 41pc in Q1

Abu Dhabi-listed Dana Gas reported net profits of $24mn in the first quarter of this year, up 41pc versus the corresponding quarter in 2020, as it boosted produ…

Siemens Energy Reports Moderate Drop in Q2 revenue

Siemens Energy has reported a decrease in revenue by 4.4%, down to €6.5bn, for the second quarter of 2021, compared to €6.78bn in the same quarter of last yea…

Nuclear Fuel

Work Starts on First Disposal Tunnel at Finnish Repository

Excavation of the first final disposal tunnel has started at the Onkalo underground used nuclear fuel repository near Olkiluoto

Wave Energy

EWP-EDF Wave Project Nears Construction Milestone

Pursuant to the engineering co-ordination permit from the Municipality of Tel-Aviv Jaffa Eco Wave Power has announced that it nears completion of the wall reinf…

Wind Power Project

Construction Starts on 103MW Serbian Wind Farm

Austrian developer Ivicom Holding has started construction on its 103MW Krivaca wind farm at Golubac, Kucevo and Krivaca in northeast Serbia, near the country's…

Electric Car

CATL Continuing to Excel in Global EV Battery Market

Market research firm SNE Research reported on May 3 that the global EV battery energy consumption volume was 47.8 GWh in the first quarter of this year, up 127 …

Hydrogen Fuel Cell

Tianjin: Construction of the First Fuel Cell Hydrogen Project Started

The project will build a hydrogen purification unit and a loading and unloading unit.

Oil Price

Saudi Arabia Could Slash Deficit To Below 5% Of GDP At $60 Oil

The world’s largest oil exporter, Saudi Arabia, could see its budget deficit drop to below 5 percent of gross domestic product this year if oil prices average …

Crude Oil

Oil Moves Higher On Largest Crude Draw Since January

Oil prices moved higher after the Energy Information Administration reported a crude oil inventory draw of 8 million barrels for the week to April 30.

Crude Oil

Energy Group Total Starts Production at Angolan Oil Project

French energy group Total has started production at its Angolan Zinia Phase 2 project, which has estimated resources of 65 million barrels of oil, it said on Th…

Wind Power Project

Global Wind Power Installations Hit Record Levels In 2020

China’s National Energy Administration reported 72 GW of installed capacity in 2020, which alone would have qualified as the most capacity added globally in a …