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Natural Gas
Big Oil Sees AI Boom Driving ‘Crazy Demand’ for US Natural Gas
A surge in energy demand from technology giants that are rapidly developing cloud computing and artificial intelligence — known as hyperscalers — is becoming …
Nuclear Reactor
Sweden’s Nuclear Revival in Question as Green Hangover Spreads
Sweden’s nuclear revival risks being undermined as more companies pull the brakes on large power-hungry green projects designed to clean up some of the wo…
Oil Price
Oil steadied after a two-day decline on the prospect for a further easing of hostilities in the Middle East, with the market shifting its attention to global supply balances and OPEC+’s production out
Storage tanks at the BP Plc Cherry Point Refinery near Blaine, Washington, U.S., on Friday, Nov. 19, 2021. Total U.S. oil stockpiles, including commercial inven…
Battery
LG Energy Solution Announces ESS Revenue Growth, New Products
LG Energy Solution has recorded third-quarter 2024 consolidated revenue of KRW 22.18 trillion ($323 million) and an operating profit of KRW 751.9 billion, inclu…
Biofuel
Cargill, Bunge Slow Soybean Buying on Stalled US Biofuels Policy
Agriculture giants including Cargill Inc. and Bunge Global SA are slowing their buying of soybeans due to uncertainty over US biofuels policy.The lack of guidan…
China
China’s Cobalt King Hits Output Goal Months Ahead of Schedule
The world’s No. 1 cobalt miner smashed through its full-year output target last quarter after a speedy ramp-up that’s piled pressure on global price…
Solar project
How American Tax Breaks Brought a Chinese Solar Energy Giant to Ohio
From the outside, these are the hallmarks of the 21st century clean energy manufacturing boom promised by the Biden administration, the result of sweeping incen…
India
JSW Group, Posco To Build 5 Million Tons Steel Factory In India
JSW Group and South Korea’s Posco Group will build an integrated steel factory in India with an initial capacity of 5 million tons a year.The two groups s…
United States
NextEra Plans To Raise $1.5 Billion To Fund Energy Projects
Utility firm NextEra Energy (NEE.N), said on Monday it intends to raise $1.5 billion through the sale of equity units to fund new projects.Utility firms across …
Geothermal Power Plant
Mitsubishi Power Receives Order for Facility Retrofit at the Darajat Geothermal Power Plant in Indonesia
Darajat Geothermal Power PlantIntroduction of state-of-the-art steam turbine to increase power generation output by 8 MW compared to before the retrofit, to 129…
Geothermal Power Plant
Mitsubishi Power Receives Order for Facility Retrofit at the Darajat Geothermal Power Plant in Indonesia
Darajat Geothermal Power PlantIntroduction of state-of-the-art steam turbine to increase power generation output by 8 MW compared to before the retrofit, to 129…
Offshore Wind Power
Ocean Winds Secures Key Permits For Southcoast Wind 1 Offshore Project
Ocean Winds, a 50:50 joint venture (JV) between EDP Renewables (EDPR) and Engie, has secured multiple permits for its 1.28GW SouthCoast Wind 1 offshore project …
Photovoltaic (PV)
Fonrich Successfully Completes Series A Funding of Several Million Dollars — Continuing to Build Safe and Intelligent New Energy Systems
Recently, Fonrich (Shanghai) New Energy Technology Co., Ltd. officially completedSeries A Funding of several million dollars, with Industrial Securities Capital…
Spain
Spain’s Silbat Set To Rollout Silicon Batteries By 2028
The startup is developing LDES technology that, housed in a 40-foot container, would have an estimated power of 100 kW and a capacity of about 100 hours with a …
Solar Technology
Petrobras To Launch Second Phase Of Offshore Wind Research
Petróleo Brasileiro S.A. has said it would release new Bravo buoy units to collect, monitor, and assess offshore wind resources. The company said in a me…
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