Ut

Oil Price

Big Oil Is Pumping out Cash as if $100 Oil Has Already Arrived

The world’s oil supermajors are pumping out cash as if crude was already trading at $100 a barrel.

Oil Price

South Korea's Hyundai Oilbank to Supply 80,000 b/d Middle Distillates to Aramco Trading

South Korean oil refiner Hyundai Oilbank has agreed to provide Won 3 trillion ($2.5 billion) worth of refined oil products to oil giant Saudi Aramco's trading a…

Distributed energy

Insurance Guarantee Instruments for African Energy Sector

The Norwegian Agency for Development Cooperation (NORAD) will provide grant funding to the African Trade Insurance Agency (ATI) of $56million over the next five…

Carbon Emissions

Scaling Up Battery Production Reduces Carbon Emissions Significantly

New research from Chalmers University of Technology in Sweden shows how scaling up production through enormous 'gigafactories' can cut the environmental impact …

Nuclear Reactor

Macron Bets on Nuclear in Carbon-Neutrality Push, Announces New Reactors

​France will build at least six new nuclear reactors in the decades to come, President Emmanuel Macron said on Thursday, placing nuclear power at the heart of …

Solar Power Plant

US Solar Fund Eyes 50% Stake in 200-MW Mount Signal 2 Solar Complex

US Solar Fund Plc (LON:USF) will increase its ownership in the 200-MW DC Mount Signal 2 (MS2) solar power plant in the Imperial Valley of Southern California to…

Hydrogen Fuel Cell

Clean Energy Vehicles Take Road to Future at the Winter Olympics

Large-scale use of hydrogen during the ongoing Beijing 2022 Winter Olympics is expected to highlight new opportunities for this form of clean energy in China an…

Offshore Wind Power

Combining Offshore Wind with Carbon Removal

Off the Massachusetts and New York coasts, developers are preparing to build the United States’ first federally approved utility-scale offshore wind farms— 74…

Pumped Storage

Here's an Overlooked Option for Long-term Energy Storage for Renewables

To cut U.S. greenhouse gas emissions in half within a decade, the Biden administration’s goal, the U.S. will need a lot more solar and wind power generation, a…

Distributed energy

Australia Awards $451k to Boost Distributed Energy in Low Voltage Areas

The Australian Renewable Energy Agency (ARENA) has announced funding worth AUD$451,167 (£239,243) for a demonstration project to boost the use of home solar po…

Nuclear Fusion

UK Fusion Technology Breaks ‘Landmark Record’

Fusion technology has reached a new milestone after a reactor in Oxford broke its own world record for fusion energy output.

Energy Transition

RWE to Spend €15bn on German Decarbonisation Portfolio

German utility RWE has announced a plan to invest €15 billion ($17.1 billion) to expand its portfolio of green energy in a move to accelerate the energy transi…

Solar Power Plant

Iberdrola Adds 86MW to Portuguese Renewables Business

Spanish multinational utility Iberdrola is expanding its renewable energy business in Portugal by kickstarting the development of four clean energy projects.

Solar Power Plant

SPI Energy Develops Utility Scale Solar Project in Maryland

SPI Energy Co., Ltd., a global renewable energy company and provider of solar storage and electric vehicle (EV) solutions for business, residential, government,…

Solar Power Plant

I&M is Powering the Next Tomorrow with Plans to Add More than 2,000 MW of Solar

Indiana Michigan Power, an American Electric Power company, submitted a plan with the Indiana Utility Regulatory Commission that calls for adding more than 2,00…