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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 …

Market Analysis

Greece Commits to 2025 Coal Phase-Out

Greece’s Public Power Corp., the country’s biggest energy company, has announced that its coal-fired thermal power plant Ptolemaida 5 will be converted to gas…

Market Analysis

How Norway Became Europe’s Biggest Power Exporter

The world’s largest synchronous electricity network has allowed many European countries to make power trading a part of everyday grid balancing. Until now, Fra…

Coal-Fired Power Plants

Kansai Electric and Marubeni drop coal power plant plans

Kansai Electric Power and Marubeni have reportedly scrapped their plans for a 1.3GW coal-fired power plant in Japan.

Energy Storage System

Pacific Energy to Build Network Integrated Battery Energy Storage System for Fortescue Metals Group

Pacific Energy Ltd subsidiary Contract Power Australia has signed a contract to build Western Australia’s largest network integrated BESS for Fortescue Metals …

Natural Gas

PetroChina Posts Best Quarterly Profit in Seven Years

PetroChina's first-quarter revenue was up 8.4 per cent at 551.9 billon yuan, it said in a filing to the Hong Kong Stock Exchange

Solar Inverter

Sungrow Launches High-Voltage Battery and Hybrid Inverter for Residential Applications

Chinese power electronics company Sungrow has unveiled a new storage energy solution for rooftop applications that comprises a hybrid inverter and a high-voltag…

Wave Energy

Wave Energy Trial to Power Oil & Gas Platforms

Lundin Energy Norway is collaborating with Ocean Harvesting Technologies on new R&D study to determine if wave energy converters could potentially provide clean…