Sta

Renewable Power Added in 2021 Saves $55BN From Global Energy Generation Costs in 2022 – IRENA

Almost two-thirds or 163 gigawatts (GW) of newly installed renewable power in 2021 had lower costs than the world’s cheapest coal-fired option in the G20.

Wind Farm

Masdar, CPPIB Among Those Seeking Stake in Iberdrola’s 1.4 Billion-Euro German Wind Farm

Abu Dhabi's Masdar and Canada Pension Plan Investment Board (CPPIB) are weighing binding offers for a 40% stake in Iberdrola's German offshore wind farm in a de…

Natural Gas

Australia’s East Coast May Face Gas Shortfall Next Year, Watchdog Warns

Australia's competition watchdog urged the federal government on Monday to consider curbing gas exports, warning its east coast could face a major shortfall nex…

Natural Gas

Germany Starts Rationing Hot Showers to Save on Gas

Authorities of a German city race to save kilowatts as gas shortage scenarios are looming

Wind Farm

Total Eren, Partners Begin Construction of 16.7MW Wind Farm in South Korea

The project will start operations in Q1 2024.

Electric Vehicle Charging

Vattenfall and Netto Germany Cooperate on Charging Infrastructure for Electric Mobility

Vattenfall and the grocery discounter Netto will cooperate in setting up fast charging stations in Germany.

China

China, US to Account for 75% of Global Energy Storage Demand

Wood Mackenzie projected the markets to have 422GWh and 600GWh by 2031.

Nuclear Reactor

DOE Formalises Test Reactor Decision

The US Department of Energy (DOE) has issued its Record of Decision on the Final Environmental Impact Statement (FEIS) for the sodium-cooled fast neutron reacto…

Natural Gas

Synthetic Methane Injection into France’s Gas Distribution Grid Demonstrated

French green gas start-up Energo has demonstrated the injection of synthetic methane into GRDF’s gas distribution network.

Smart Meter

Asia-Pacific Forecast to Reach 1 Billion Smart Electricity Meters by 2026 – Study

The smart electricity metering market in Asia-Pacific is on its way to reaching a historic milestone of 1 billion installed devices, according to a new research…

United States

US Senate Gives Green Light to Landmark Climate Deal

In a head-snapping reversal, Sen. Joe Manchin (D-WV) said July 27 that he had reached a deal with Majority Leader Chuck Schumer on a budget reconciliation packa…

Ireland

Ireland Demonstrates Crucial Role of Storage to Balance Grid

Renewable energy company Statkraft has participated in its largest dispatch to date of power from battery storage into Ireland’s electricity market.

Energy Investment

Adnoc Distribution to Buy 50% Stake in TotalEnergies Egypt in Its Largest Investment

The acquisition, expected to be completed in the first quarter of 2023, marks the UAE company's entry into Arab world's most populous market

Hydropower Plant

Experts Say Hydropower Needs to Double by 2050 to Meet Climate Goals

Global installed hydropower capacity rose by 26 GW in 2021 to 1,360 GW, but that’s far short of the progress needed to achieve the world’s climate change miti…

Spain

PNE Acquires 51% Stake in Spanish Solar Project Developer Kolya

The acquisition has increased PNE’s solar photovoltaic project pipeline by more than 40%.