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Germany Drafts Offshore Wind Bill with 40 GW-by-2040 Goal, Dynamic Tendering Process
German Federal Ministry of Economy and Energy has issued a draft bill for an amendment of the Offshore Wind Act (WindSeeG), which outlines the country's goal fo…
Offshore Wind Power
Vattenfall Calls Out UK Government Over Offshore Wind Project Delays
The UK’s Department for Business, Energy & Industrial Strategy (BEIS) has postponed the statutory deadline for the decision on planning consent for the 1.8 GW …
Market Analysis
Why Has Tesla Halved the Model Y Delivery Timeline?
Tesla has cut the estimated delivery time for its Model Y to 4-8 weeks from 8-12 weeks after it restarts.
Oil & Gas Trade
Iran Ready to Send More Fuel to Crisis-Stricken Venezuela
Iranian Foreign Ministry spokesman Abbas Musavi says Tehran will continue to export fuel to Venezuela if the South American country requests more supplies.
Energy Transition
Dubai's Energy Transition Beats 2020 Target
Dubai Electricity and Water Authority has announced that the emirate's transition to clean energy, targeted at 7% for 2020, has been exceeded, with 9% of the re…
Electric Vehicle Battery
Buffett-Backed BYD to Supply EV Batteries to Ford
Chinese electric vehicle maker BYD Co Ltd , will supply EV batteries to U.S. automaker Ford Motor Co , a document on the website of the Ministry of Industry and…
Oil & Gas Trade
Putin, Trump Discuss G7 Summit, Oil Markets Over Phone
Russian President Vladimir Putin spoke by phone with U.S. President Donald Trump at the initiative of the United States.
Solar Power Plant
Longroad Energy to Build Solar and Battery Storage Projects in Hawai'i
Renewable energy project developer Longroad Energy has been selected to develop two utility-scale solar and battery storage projects in Hawai'i.
Energy Technology
World's First Power-to-X-to-Power Hydrogen Gas Turbine Demonstrator
A consortium comprising Engie Solutions, Siemens gas & power, Centrax, Arttic, the German aerospace centre and four European universities.
Smart Grid
Smart Grid Infrastructure Investments in South America to Hit $18.1 Billion
Led by Brazil, Colombia and Chile, countries in South America will invest $18.1 billion in smart grid infrastructure over the next decade, according to smart in…
Oil Price
Australia:Tasmania to Introduce Mandatory Fuel Pricing
The Tasmania state government has announced it would impose a mandatory real-time fuel price reporting mechanism on retailers in order to put downward pressure …
Market Analysis
Opec's President Calls for an Earlier Meeting of Producers
The proposal would allow members to factor any policy changes to Opec+ cuts ahead of their monthly export allocations
Oil Price
Oil Price Crash to Fuel Japan and South Korea's Coal-to-Gas Switch
LNG volumes sold on an oil-indexed basis could become cheaper.
Oil & Gas Trade
Two Iranian Tankers Sail Back After Delivering Fuel to Venezuela
Two Iranian tankers that delivered fuel to Venezuela as part of a five-vessel flotilla have begun to sail back, according to Refinitiv Eikon, as the government …
Energy Storage Technology
Ultracapacitor, Responding Mementary Blackouts for UPS
VINATech’s Ultracapacitors have been used in the applications of Energy, Automotive, and Industrial. VINATech’s technologies for the energy and industrial.
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