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Oil Price

Fuel Prices up for 8th Straight Week

Fuel prices will increase for eight consecutive weeks as oil firms will impose below PHP1-per liter hike starting Tuesday morning.

Oil Price

Oil Rises as Russia-West Stand-off Alarms Tight Market

LONDON/HOUSTON (Reuters) -Oil prices rose on Monday over the stand-off between Russia and the West over Ukraine, adding to supply concerns that have kept oil pr…

Rooftop PV System

Solar Marketplace EnergySage Sells Controlling Stake to Schneider Electric

French electrical equipment group Schneider Electric has acquired a controlling stake in EnergySage that will see the US-based solar marketplace provider look t…

Pumped Storage

Construction Begins on 3.5GWh Gran Canaria Pumped Hydro Plant; Progress on 18GWh More PHES

Construction has started on a 3.5GWh pumped hydro plant in Gran Canaria, Spain, and progress has been made on two other projects totalling 18GWh of storage in m…

Rooftop PV System

Rooftop Solar Installation Price Rise Is Temporary, to Decline from 2023

GlobalData’s latest report reveals that the trend that saw rooftop solar prices decrease between 2013 and 2020 came about because of an increase in the supply …

EV Technology

Shadowfax Tech Targets 75% of its Fleet in EVs by 2024; Full Electrification by 2026

By introducing this initiative, Shadowfax seeks to transform the industry and introduce a proactive measure to reduce carbon emissions, bringing a new approach …

Microgrid

India Investing Millions for Microgrids

A Colorado company that serves rural communities with solar power-based microgrids announced an investment that would provide more than 100 installations across…

Solar Company

Strong Demand Outlook for Domestic Solar OEMs: ICRA

Many of the domestic OEMs have announced sizeable capital expenditure to augment the cell and module capacity, including the capex for integrated facilities und…

Net Zero Emission

HSBC Targets 34% Cut to Emissions from Oil and Gas Clients by 2030

HSBC aims to cut emissions associated with loans made to its oil and gas clients by 34% this decade, the bank’s sustainability chief told Reuters, marking the …

Nuclear Power Plant

Fuqing 6 Reaches Full Power as Hongyanhe 6 Nears Startup

Unit 6 of the Fuqing nuclear power plant in China's Fujian province has reached 100% full power operation for the first time.

Crude Oil

India Expects Fuel Demand to Grow 5.5% in the Next Fiscal Year

India's fuel demand is likely to grow 5.5% in the next fiscal year beginning April 1, initial government estimates show, reflecting a pick-up in industrial acti…

Wave Energy

Wave Energy Nails Spot Among 68 New Projects Getting $175 Million Love Tap from ARPA-E

ARPA-E, the federal office charged with funneling cash into the advanced energy technology pipeline, has included a project in its latest round of funding that …

Geothermal Power Plant

US Berkeley to Lead Research on Salton Sea Geothermal Lithium

​The US DOE-funded research, led by the Lawrence Berkeley National Laboratory, will characterize the geothermal lithium resource in California's Salton Sea.

Nuclear Reactor

Nuclear Reactor Crucial to World’s Medical Isotope Supply to Stay Closed for Weeks

The nuclear reactor in Petten, which has been shut down for four weeks due to a leak, will not be restarted until March 17 at the earliest.

Saudi Arabia

Saudi, European, American Officials Discuss Iran's Nuclear File

Saudi Foreign Minister Prince Faisal bin Farhan bin Abullah held talks on Sunday with several ministers and political leaders on the sidelines of the Munich Sec…