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America
Energy Storage Project
2024-01-26
Tesla Deployed 14.7GWh of Energy Storage in 2023
Tesla’s energy storage and generation revenues have tripled since 2020, largely driven by its growing deployments of the company’s Megapack battery storage systems.The California-headquartered technology company reported its Q4 and ful
Hydropower Plant
2024-01-26
FG to Begin Evacuation of 40MW From Kashimbilla Hydropower Plant in Six Months
The federal government yesterday said that the entire 40mw Kashimbilla hydropower plant in Taraba state will in the next six months begin full evacuation, distinct from the 10mw it’s currently supplying to the national grid.When this is done, th
Oil & Gas Trade
2024-01-26
IEA to Expedite 2025 Oil Demand Forecast, OPEC Also Moves Early
Oil rigs are seen in Midland, Texas May 9, 2008. REUTERS/Jessica Rinaldi/File Photo Acquire Licensing Rights(This Jan. 24 story has been corrected to clarify that the IEA first announced plans to move publication forward in its November 2023 report, in pa
Carbon Emissions
2024-01-26
US Directs $254 Million to Cut Emissions From Heavy Industry
U.S. Secretary of Energy Jennifer Granholm delivers a speech ahead of a conversation with Daniel Yergin, the vice chairman of S&P Global, during the CERAWeek energy conference in Houston, Texas, U.S., March 8, 2023. REUTERS/Callaghan O'Hare/Fi
Renewable Energy
2024-01-26
Colombia renewable energy could see $2.2 billion in investment this year
View of a hybrid power park with solar panels and wind turbines in Sabugal, Portugal, January 12, 2023. REUTERS/Pedro Nunes/File Photo Acquire Licensing RightsColombia's renewable energy sector could get investment of up to $2.2 billion in 2024 ac
Offshore Wind Power
2024-01-26
Offshore wind industry turns out for NY auction as BP and Equinor split
A construction barge and crane float next to the first jacket (C) installed to support a turbine for a wind farm in the waters of the Atlantic Ocean off Block Island, Rhode Island July 27, 2015. REUTERS/Brian Snyder/File Photo Acquire Licensing RightsOffs
Electric Vehicles
2024-01-25
Tesla (Tsla) Releases Q4 2023 Results: Slight Miss on Earnings
Tesla (TSLA) released its financial results and shareholders letter for the fourth quarter and full-year 2023 after market close today.We are updating this post with all the details from the financial results, shareholders’ letter, and the confe
Electric Vehicles
2024-01-25
Elon Musk: Tesla Aims for Next-Gen EV to Come In Late 2025
Elon Musk has disclosed that Tesla is currently aiming for its next-generation electric vehicles, which will include a much cheaper electric car, to come in late 2025.At Tesla’s 2023 Investor Day in March, the automaker unveiled a new car manufa
Electric Vehicles
2024-01-25
Zayo Powers Voltera's EV Charging and Hydrogen Refueling Stations With High-Speed Connectivity
Image Credit: sofiiashunkina/BigStockPhoto.comVoltera Power yesterday announced that it will partner with Zayo Group to bring advanced connectivity to its electric vehicle (EV) charging and hydrogen refueling facilities located across the United States. B
LNG
2024-01-25
Biden Set to Withhold Approval of LNG Terminals in Gulf of Mexico
The New York Times reported on January 24, 2024 that the Biden administration appears ready to delay and/or deny permits for new LNG terminals in the Gulf of Mexico. The White House is directing the Energy Department to expand its evaluation of the projec
Energy Storage Project
2024-01-25
LG Energy Solution to Invest in U.S. Startup for Battery Partnership
LG Energy Solution (LGES), South Korea's leading manufacturer of lithium-ion batteries, said Thursday it will make an equity investment in U.S. startup Sion Power for next-generation battery development.The investment is for technology partnership
Nuclear Power Plant (NPP)
2024-01-25
Westinghouse and Prodigy Collaborate on Floating Nuclear Plant
The aim is for a first project in Canada by 2030 for a Prodigy marine-based transportable nuclear power plant (TNPP) featuring Westinghouse eVinci microreactors.How a Prodigy Microreactor Power Station might look (Image: Westinghouse)In a blog post, Westi
Wind Farm
2024-01-25
EDP Renovables Launches a 297 MW Wind Farm in Alberta, Canada
EDP Renovables North America has begun commercial operations at the 297 MW Sharp Hills wind farm in the Canadian province of Alberta.Located in the Special Areas Township, near the villages of Sedalia and New Bridgen, the wind farm will operate under a lo
Geothermal Power Project
2024-01-25
Ormat Secures $75M Loan From BHI for Enel Assets Acquisition
BHI, a full-service commercial bank, announced that it has entered into an agreement with Reno, Nevada-based Ormat Technologies (NYSE: ORA) to provide a new $75 million term loan for the company.Ormat will use the proceeds for general corporate purposes,
Oil & Gas Trade
2024-01-25
Chevron's Duvernay Sale Seen Attracting Mid-Sized Canadian Shale Operators
A Chevron gas station sign is seen in Austin, Texas, U.S., October 23, 2023. REUTERS/Brian Snyder/File Photo Acquire Licensing RightsAs Chevron Corp (CVX.N), opens new tab markets its Duvernay shale assets, the U.S. oil major is most likely to find a buye
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Italy Allocates 1.72 GW in Rooftop PV Tender for Agricultural Firms
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Kenya Opens Solar-Plus-Storage Tender
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Oil giant Shell to buy Canada’s ARC Resources for $16.4 billion in push to boost output
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Italy Extends Construction Deadline for Agrivoltaic Tender
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Norway’s First Floating Wind Tender Attracts Two Bids
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Reduce Carbon Emissions! South Korea to Convert 1.18 Million Tons of Livestock Manure into Solid Fuel for Power Generation by 2030