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Energy Storage Project

Hannon Armstrong Invests in 1.6-GW Wind-Solar-Storage Portfolio

Hannon Armstrong Sustainable Infrastructure Capital Inc has committed to invest about USD 663 million in a large renewable energy portfolio developed by Clearwa…

Offshore Wind Power

Taiwan Plans 8% Cut in Offshore Wind Tariff

EXCLUSIVE: Draft proposal from Ministry of Economic Affairs would set PPA price at NT$4656.8/MWh in 2021

Market Analysis

Nuclear Still Critical in Meeting Carbon neutrality goals: WoodMac

This is particularly true for China, Japan, and South Korea.

Cooperation case

China, Ukraine to Deepen Belt and Road Cooperation

China and Ukraine agreed on Wednesday to work together to combat the COVID-19 pandemic, comprehensively deepen cooperation on the Belt and Road Initiative, and …

Combined cycle power plant

Doosan Heavy Bags Order for Combined Cycle Power Plant in Guam

Doosan Heavy Industries & Construction has recently won an order for a 620 billion won combined cycle power plant project in Guam.

Electric Car

SK Innovation to Make Massive Investment in Battery Business in U.S.

SK Innovation will invest about 1.1 trillion won to build a second battery plant in Georgia despite the spread of the new coronavirus.

LNG

Korean Shipbuilders Enjoying Brisk New Order Intake at Year-end

Korean shipbuilders are enjoying a brisk new order intake at the year-end.

Carbon Emissions

Exxon Pledges to Reduce Emissions, but the Details Suggest Nothing Has Changed

Under investor pressure, the company retreated from its refusal to join other oil giants in pledging reductions, with a plan that suggests it will continue busi…

Market Analysis

China Plans Clean Energy Future

While still primarily relying on coal to meet its energy needs, China says it is committed to playing its part in the global fight against climate change.

Nuclear Power Plant

Polish Group Calls on Germany to Reverse Nuclear Phaseout

Polish climate and environmental activists are asking Germany to reconsider its 2011 decision to phase out nuclear power.

OPEC

Russian Energy Ministers Tells Biden Not To Disturb Oil Markets

Joe Biden’s presidency will hopefully not interfere with OPEC+ actions taken to rebalance oil markets, Russian Deputy Prime Minister and former Energy Minister…

Hydrogen Project

Scotland Outlines Hydrogen Policy to 2045

On 21 December the Scottish government released a hydrogen policy statement, with plans on how to incorporate the fuel for use in heating, transportation and in…

Oil Field

Gazprom & LUKOIL Sign Master Agreement to Develop Two Fields

Alexey Miller, Chairman of the Gazprom Management Committee, and Vagit Alekperov, President of LUKOIL, signed the Master Agreement on the terms of the developme…

Wind Farm

Enel Starts Operating 140 MW of Wind Energy Capacity in South Africa

EGP’s Nxuba wind farm, the company’s third wind facility in the Eastern Cape province, is expected to generate 460 GWh of energy annually.

Wind Farm

Construction Starts on 80MW Dutch Wind

Kroningswind will begin producing its first electricity at the end of 2022.