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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 …

Electric Car

Australia Co-Funds Charging and H2 Infrastructure

The Australian government has launched the second round of its Future Fuels Fund.

Solar Power Plant

Philippines’ First Hybrid Solar-Plus-Storage Plant Comes Online Through Ayala Group Energy Subsidiary

The first ever solar-plus-storage hybrid resources system in the Philippines is now in operation after energy company AC Energy (ACEN) switched on the site’s b…

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 …

Electric Car

Mercedes-Benz Foresees EV-Only Production Lines Within a Few Years

Mercedes-Benz (MBGn.DE) expects to have factories producing exclusively electric vehicles (EVs) by the second half of the decade but will steer clear of buildin…

Nuclear Reactor

Nuclear Power in Space Is Focus of IAEA and UN Events

Future space missions could have new options opened up by nuclear technology, experts attending an International Atomic Energy Agency event have said.

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 …

Australia

Coal Will Exit Australia's Power Market Despite AGL's Recalcitrance

​The bid by a green billionaire to buy Australia's most polluting company may have stumbled at the first hurdle, but it's likely the race is far from over.

Oil Price

Russia-Ukraine Tensions: Oil Prices Jump to an 8-yr High, What Does it Mean for India?

Ukraine Conflict: Australian PM Scott Morrison announced the Australian embassy in Kyiv is in the process of being completely evacuated ahead of a potential Rus…

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…

Natural Gas

Global Crunch Likely to Double Local Gas Prices

An accelerated recovery in energy demand from the covid-lows coupled with inadequate supply expansion in 2021 vaulted prices to record highs, sending shockwaves…

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.