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Electric Car

GM and LG Energy Plan a $2.3 billion Electric Vehicle Battery Plant

The automaker’s future Ultium-powered EVs are designed for Level 2 and DC fast charging. Most will have 400V battery packs and up to 200 kW fast charging capab…

United States

China’s Xi to Attend US Climate Summit

Chinese president Xi Jinping will attend the virtual climate summit being organised by the US this week, China's foreign ministry said today.

Oil & Gas Trade

Japan Eyes Vietnam for ASEAN Oil-Sharing Deal

Japan is targeting Vietnam for what will be its first oil-sharing deal with a Southeast Asian nation as Tokyo attempts to ensure an uninterrupted supply of petr…

Wave Energy

Mocean Energy Announces New Wave Energy Technology

Wave power specialists, Mocean Energy, have unveiled the company’s Blue X wave energy prototype which will take to the seas in Orkney, Scotland, in May 2021.

Wind Farm

GE Renewable Energy to Supply Turbines for Onshore Wind Projects in India

GE Renewable Energy has announced the supply of 42 units of 2.7-132 onshore wind turbines for the onshore wind hybrid projects to CleanMax totalling 110 MW.

Nuclear Policy

Nuclear to be Included in Delegated Act of EU Taxonomy

The European Commission today announced its decision to include nuclear energy in a complementary Delegated Act of the EU Taxonomy Regulation.

Nuclear Equipment

Rooppur 2 Components Begin Journey to Bangladesh

The reactor pressure vessel and first two steam generators for Rooppur unit 2 have started their journey from the Volgodonsk branch of AEM-Technology JSC in Rus…

Nuclear Power Plant

Fuel Loading Under Way at Tianwan 6

The loading of fuel assemblies into the core of the reactor of unit 6 at the Tianwan nuclear power plant in China's Jiangsu province began on 14 April.

China

China to Bring Solar and Wind Power Generation to 11% of Total Electricity Use in 2021

China has flagged it will seek to raise its power generation from solar and wind plants to around 11% of the country’s total power consumption in 2021, from 9.…

Oil & Gas Trade

World’s Largest Oil Trader Expects Strong Demand Rebound This Year

Global oil demand is set for a rebound between now and the end of next year, with consumption expected to rise from current levels by as much as 8 million barre…

Market Analysis

Americas to ‘Lead Global Storage by 2025’

S will be responsible for the most growth and will be followed by China and then Japan, says Wood Mackenzie

Carbon Emissions

UK Commits to 78% Emissions Cut by 2035

The UK Government will set the world’s most ambitious climate change target into law to reduce emissions by 78% by 2035 compared to 1990 levels, announced toda…

Coal-Fired Power Plants

Seoul Requests Voluntary Cut from State Coal Plants

The South Korean government has asked state-owned Kepco utilities to voluntarily restrict its use of coal in April-November to limit overall emissions, sources …

Energy Transition

Clean Energy a Strategic Priority for the UAE, Energy Minister Says

The country plans to raise the share of renewables in its energy mix to 50% by 2050

Oil Price

US Oil Surges Above $64 on Anniversary of Sub-Zero Plunge

Prices have since added more than $100 per barrel, following production cuts by Opec+ as well as resumption of mobility