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United Kingdom
UK's Drax to buy Bluefield Solar Income Fund in $755 million deal
British power group Drax said on June 1 it had agreed to buy Bluefield Solar Income Fund in a deal that values the renewable energy-focused investment c…
Pakistan
Multiple electric, hybrid vehicles expected to launch in Pakistan
Pakistan’s automobile industry is expected to undergo a major transformation in the coming years.The electric and hybrid vehicles are continuing to enter the P…
Poland
Innargi signs agreement for potential sites of geothermal heating plants in Poznan, Poland
Danish geothermal heating developer Innargi has signed a usufruct agreement with the City of Poznan in Poland for two municipal plots where geothermal heating p…
United States
LG Energy Solution Signs $1.6 Billion ESS Supply Deal With DTE Energy
LG Energy Solution said on May 28 that it signed a large-scale energy storage system (ESS) battery supply agreement with DTE Energy, the largest energy company …
Vietnam
Heatwave strain on Vietnam power grid could worsen, industry ministry says
A heatwave gripping Vietnam has already placed immense pressure on the national power grid, the country’s industry ministry said, adding that the problem …
Kazakhstan
Kazakhstan and Russia sign deal to finance 1st nuclear power plant
Kazakhstan and Russia have signed an agreement on the main principles and conditions for cooperation to build the country's first nuclear power plant, inclu…
United States
Microsoft taps Avangrid for 100 MW of solar in Washington
US utility Avangrid said on May 27 it has secured Microsoft Corp as the power off-taker of its 100-MWac/140-MWdc Bluebird solar project in Washington.The power …
Nigeria
Nigeria signs $1.5b Katsina-Ala hydropower concession in major African PPP milestone
The Federal Government signed the Concession Agreement for the Grand Katsina-Ala Hydropower Project.This was just as it formally appointed Maverick Energy Partn…
Italy
Ferrari unveils its first electric vehicle with the Luce, starting at $640,000
Ferrari is entering the electric market with its new car called the Luce.The Luce has four electric engines, all-wheel drive and an advanced drivetrain.Ferrari …
Carbon Capture
JSW Steel, Bharatia and Carbon Iceland Partner to Explore Green Methanol Project in India
In a significant step towards industrial decarbonisation and the development of next generation green fuel infrastructure, JSW Steel Limited, Bharatia and Carbo…
Australia
Fortescue accelerates Real Zero with construction of 690MW solar farm and 650MWh battery energy storage system
Construction has commenced on Fortescue’s 690MW Turner River solar farm in the Pilbara – the final solar installation required to deliver the Compan…
United States
SpaceX to Build 10 GW Solar Manufacturing Facility in Texas
Aerospace company SpaceX has announced that it will build a 10 GW solar manufacturing facility in Bastrop County near Austin, Texas, as part of its aims to laun…
China
China and Russia sign nuclear-related MoUs during Xi-Putin talks
Three bilateral memorandums of understanding relating to nuclear energy were signed during Russian President Vladimir Putin's visit to China.(Image: Rosatom…
Kazakhstan
Kazakhstan has coal reserves sufficient for over 300 years
Kazakhstan’s coal industry continues to show steady growth, ensuring reliable domestic supply and expanding export potential, citing the Ministry of Energ…
United States
Reports Say NextEra in Talks to Acquire Dominion Energy
NextEra Energy, one of the largest power companies in the United States, is in advanced talks to acquire Dominion Energy, in a deal that could transform the pow…
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