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Energy Taxation
Biden Proposes Energy Tax Credit Extension
Benefit to apply to power generation and storage in the US
Energy Taxation
Biden Proposes Energy Tax Credit Extension
Benefit to apply to power generation and storage in the US
Cooperation case
Australian Resource, Energy Exports Set to Hit Record High
The value of Australia's resources and energy exports are expected to hit a record high in financial year 2020/21, government data showed.
South Korea
Hyosung Group’s Market Cap Soars 70% on the Back of Hydrogen Economy
Their prices jumped sharply as the chemical market entered a perfect upward cycle and Hyosung Group expanded its business to the environmental sector, especiall…
Electric Vehicle Battery
South Korean EV Battery Makers Losing Market Share to CATL and BYD
The market share of LG Energy Solution fell from 26.6 percent in one year, although the usage of its batteries increased from 3.3 GWh to 4.9 GWh.
Net Zero Emission
Global Leaders get Real about Net Zero Goals at IEA Summit
Top international energy and climate leaders from more than 40 countries took part in the IEA-COP26 Net Zero Summit to identify how to work together to reduce g…
Electricity Transmission
NextEra Energy Transmission acquires GridLiance for $660m
US-based clean energy company NextEra Energy Transmission has acquired GridLiance Holdco and GridLiance GP (GridLiance) from affiliates of investment firm Black…
Power Construction
Brazilian Electricity Prices Under Pressure Due to Low Rainfall
Low annual rainfall in Brazil is restricting hydroelectric production, putting electricity prices under pressure and causing the need for more expensive thermoe…
Coal-Fired Power Plants
Kusile Unit 3 Achieves Commercial Operation
On Wednesday 31 March, 2020 Eskom announced that Unit 3 of the Kusile Power Station achieved commercial operation status.
Oil Refinery
Indonesia’s Cilacap Refinery to Raise Output After Fire
Indonesian state-owned refiner Pertamina will increase gasoline production at its largest refinery, the 348,000 b/d Cilacap plant, to help meet a shortfall caus…
Russian Federation
Russia Leading the Way in Climate-Related Energy Policy
Russia, the world’s largest country by landmass, has a multi-prong strategy to confront climate change, by further developing its human capital, natural gas, h…
Hybrid Power Plant
Greenbacker’s First Solar-Plus-Storage Power Facility Enters Commercial Operation, Providing Clean and Continuous Energy in Colorado
Greenbacker Renewable Energy Company, announced today that Rawhide Prairie Solar, a 22 MW project in Colorado, began commercial operation on March 19.
Hydrogen Fuel Cell
Toyota Invests in Hydrogen Fuel Cell Joint Venture with Beijing SinoHytec
Hydrogen fuel cell cars are not attracting the same levels of buzz and boatloads of cash as electric vehicles, but in China, companies and the government are ag…
Pumped Storage
First New Pumped Hydro Plant in Australia for Nearly 40 Years Approaches Financial Close
A pumped hydro energy storage project at a former gold mine in Queensland, Australia which would be able to store 250MW of power for up to eight hours has raise…
Hydrogen Fuel Cell Vehicle
New Zealand’s First Hydrogen Powered Bus Unveiled in Auckland
New Zealand’s first hydrogen fuel cell bus, capable of being refuelled with green hydrogen, was unveiled on Tuesday as Auckland Transport looks to decarbonise …
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