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United States

American Clean Power Association Statement on Power Outages in Texas

The American Clean Power Association today issued the following statement on the ongoing power outages in Texas

Energy Security

Extreme Weather Conditions Harm RWE’s Renewables Electricity Generation in the US State of Texas

Operations teams focus on resuming production at RWE’s affected onshore wind turbinesRWE expects significant negative earnings impact in Onshore Wind/Solar seg…

Energy Storage Project

Startup Verkor Teams up with Consultancy Capgemini for 16GWh Lithium-Ion ‘Smart Factory’ in France

Digital software company Capgemini is partnering with battery energy storage startup Verkor to help bring to life a 16GWh-capacity lithium-ion cell factory in F…

Solar Power Plant

Enel Starts Up 133-MW Part of Soon-to-be Gigantic Solar Complex in Brazil

Italian utility group Enel SpA said that the 133-MW expansion of its Sao Goncalo solar farm in Brazil has reached commercial operation.

Hydrogen Technology

Hyundai Motor Group and POSCO form Hydrogen Partnership

Hyundai Motor Group and POSCO have formed a new hydrogen partnership, through which they will jointly develop hydrogen energy utilisation technologies.

Carbon Emissions

Amazon’s Climate Pledge Initiative Signs up 20 More Companies

The e-commerce giant co-founded the initiative to encourage companies to reach the goals of the Paris Agreement before they are due

Hydrogen Fuel Cell

Indian Oil Signs Pact with Greenstat Norway for Hydrogen Fuel

In the Union Budget for 2021-22, the government pledged to focus on generating hydrogen from green power sources as well as build more diverse and efficient ene…

Solar Power Plant

Eni to Grow Green Footprint in Spain After Buying Three Solar Power Plants

The plants have a total installed capacity of 140 MW, Eni said, adding it was in talks with X-Elio to develop more renewable energy projects in the country to r…

Energy Security

Texas to Raise Energy Prices and Suspend Price Cap Amid Winter Storm

The Electric Reliability Council of Texas has announced sweeping changes to the state’s energy pricing structure amid the ongoing winter storm, including highe…

China was EU's Largest Trade Partner in 2020

The EU's trade with the U.S. dropped significantly in 2020, with a 13.2-percent dip in imports and 8.2-percent in exports, Eurostat said.

Oil & Gas Trade

U.S. will Import 62% more Crude by 2022 Due to Domestic Production Declines, Says EIA

Throughout much of its history, the United States has imported more petroleum than it has exported.

Hydropower Plant

Construction on Inga 3 Hydropower Project could Start by Year End, Ambassador Says

Democratic Republic of Congo's ambassador to Ethiopia and the African Union, Jean Le'on Ngandu Ilunga has hinted that construction on the Inga 3 hydro-power pro…

Oil & Gas Trade

China Is Fueling The Global Crude Oil Demand Recovery

The world’s top oil importer, China, significantly boosted its crude oil imports at the start of the year compared to the end of last year, helping to support …

Crude Oil

Oil Prices Jump Above $61 On Major Crude Draw

Crude oil prices jumped higher after the Energy Information Administration reported crude oil inventories in the U.S. had shed 7.3 million barrels in the week t…

Thermal Plant

NTPC’s Gadarwara Super Thermal Power Station becomes fully operational

State-owned power giant NTPC on Thursday announced that unit-2 of its Gadarwara Super Thermal Power Station with 800 MW capacity, in Madhya Pradesh has been inc…