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America
Oil&Gas Drilling
2024-07-16
Exxon Plans to Drill up to 30 Wells for Its Seventh Oil Project in Guyana
The logo of ExxonMobil is seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo Purchase Licensing RightsExxon Mobil Corp (XOM.N), opens new tab plans to drill up to 30 wells as
Oil&Gas Drilling
2024-07-16
Bolivia Govt Announces Natural Gas “Mega Field” in Biggest Discovery Since 2005
Trucks with gas cylinders and a gasoline tank truck are seen next petrol plant of Senkata outskirts of La Paz, Bolivia, November 23, 2019. REUTERS/David Mercado/file photo Purchase Licensing RightsBolivian President Luis Arce on Monday announced the disco
Ammonia
2024-07-15
CIPP Picks Potential Operator for Green Ammonia Export Terminal in Brazil
Stolthaven Terminals, in cooperation with Global Energy Storage (GES), has been selected by the Port of Pecém Authority (CIPP) as the only potential operator to plan, design, build and operate a green ammonia terminal in Pecém, in th
LNG
2024-07-15
Honeywell Splashes Out $1.81 Billion on LNG Business to Boost Energy Transition Offering
U.S.-based technology firm Honeywell has agreed to acquire the liquefied natural gas (LNG) process technology and equipment business from compatriot industrial gases supplier Air Products to be able to provide end-to-end services for global customers.LNG
Substation
2024-07-15
GE Vernova Wins Equipment Supply Order From Transelec for Chilean Substation Projects
GE Vernova to supply synchronous condensers and high-voltage substation for Transelec’s Ana Maria and Monte Mina substation projects in Chile. (Credit: GE Vernova)GE Vernova has secured an order from high voltage systems provider Transelec Holdi
Wave Energy
2024-07-15
Cable Installation on Schedule at First US Full-Scale Wave Energy Test Site
Cable installation for what is the first pre-permitted, utility-scale, grid-connected wave energy test site in the U.S. is scheduled to commence later this month.Source: Oregon State UniversityThe cables will support Oregon State University’s Pa
Oil & Gas Trade
2024-07-15
US Natgas Prices Fall 3% to Two-Month Low on Big Storage Build, Rising Output
Storage tanks and gas-chilling units are seen at Freeport LNG, the second largest exporter of U.S. liquified natural gas, near Freeport, Texas, U.S., February 11, 2023. Reuters/Arathy Somasekhar/File Photo Purchase Licensing RightsU.S. natural gas futures
Hydrogen Project
2024-07-15
Hydrogen Energy Firm Huture to Go Public in $1 Bln Spac Deal
Hydrogen energy firm Huture said on Tuesday it has agreed to go public in the U.S. through a merger with a blank-check firm Aquaron Acquisition Corp (AQU.O), opens new tab in a deal that would value the combined company at $1 billion.The SPAC market has s
Offshore Wind Power
2024-07-15
Elecnor Begins Construction of a 320 MW Wind Power Plant in Mexico
The construction of this new wind farm is expected to generate more than 2,000 direct and indirect jobs.Elecnor has recently been awarded a contract in Mexico for the engineering, supply and construction of the Cimarrón wind farm of around 320
Electric Vehicles
2024-07-13
Tesla Cybertruck Drove Us EV Prices Higher in June
EV prices are trending slightly higher in June because of Tesla Cybertruck sales, reports Kelley Blue Book.In June, the average price for a new EV was $56,371, an increase of 0.9% compared to May. However, June EV prices were lower by 2.5% year-over-year.
Energy Storage Project
2024-07-13
Department of Energy to Fund Non-lithium Long-Duration Energy Storage Projects
Source: petrmalinak/Shutterstock.comThe U.S. Department of Energy’s (DOE) Office of Clean Energy Demonstrations (OCED) is looking to advance the development of non-lithium long-duration energy storage (LDES) by funding pilot demonstration projec
Solar Power Plant
2024-07-13
Woodburn Capital, Magna Exteriors Sign 15-Year Solar PPA in Czechia
Magna Exteriors (Bohemia), the Czech unit of Canadian automotive company Magna International, has signed a 15-year PPA with Czech renewable energy developer Woodburn Capital Partners.The contract is based on a 2.4 MW rooftop PV installation at a Magna Ext
Solar Power Plant
2024-07-13
Norwegian Solar Company to Invest $620M in First US Factory
Norwegian solar energy company NorSun has selected Tulsa, Oklahoma, for its first US-based factory, with an initial planned investment of $620 million in a new 5GW silicon ingot and solar wafer manufacturing facilityThe expansion, facilitated by the Oklah
Electric Vehicles
2024-07-12
Biden-Harris Administration Announces Nearly $2 Billion to Support American Auto Workers, Convert Facilities for Electric Vehicles
As part of President Biden's Investing in America agenda, the U.S. Department of Energy (DOE) today (July 11) announced $1.7 billion to support the conversion of 11 shuttered or at-risk auto manufacturing and assembly facilities across eight state
Renewable Energy
2024-07-12
Amazon Hits 100% Renewable Energy Goal Seven Years Ahead of Schedule
Amazon set a goal in 2019 to match all of the electricity consumed in its global operations with 100% renewable energy by 2030. The company announced recently that it achieved this target in 2023, seven years ahead of schedule.To be clear – Amaz
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UK's National Grid bets $1.75 billion on AI power boom with Joulent investment
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SK, KKR to launch South Korea renewable energy venture valued at $1.3 bln
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Castlelake's Ibitu Energia to Invest $837m in Renewable Energy Assets
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Singaporean Green Tech Firms Envision Digital, T-RECs.ai to Launch First RECs Ecosystem
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Hitachi Energy announces €4 million investment into new Service Center in Dublin to strengthen Ireland’s grid resilience
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Google signs PPAs on 400-MW Texas solar project portfolio
