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Hydropower Plant
2023-12-21
Ardian Acquires Hydropower Company in Peru
Global private investment firm Ardian has successfully acquired a 100% stake in a Peruvian hydropower company, marking a significant expansion of its clean energy portfolio in Latin America and its first investment in hydropower. The acquisition was made
Nuclear Power Plant (NPP)
2023-12-21
Regulator Accepts Diablo Canyon Licence Renewal Application
Pacific Gas & Electric (PG&E) can operate the two-unit Diablo Canyon nuclear power plant in California beyond the expiry of their current licences (2024 and 2025, respectively) following the acceptance of PG&E's licence renewal applica
Energy Storage Project
2023-12-21
LG Subsidiary Announces 10 BESS Projects Totaling 10 GWh
Future LGES Vertech facility site in Texas (Photo: Business Wire)LG Energy Solution Vertech announced it has lined up 10 GWh of grid-scale battery energy storage (ESS) projects in the U.S. in the new year.These 10GWh are comprised of 10 integrated battery
Oil Price
2023-12-21
Gas Prices up $2.60, Diesel up $3.95
Motorists will pay more for fuel when they go to the pumps on Thursday.E-10 87 is to move up by $2.60 to sell for $166.39 per litre and a litre of E-10 90 will also go up by $2.60 to sell for $172.50.Automotive diesel oil will move up by $3.95 per litre t
Carbon Emissions
2023-12-21
Microsoft Inks Carbon Removal Deal With Offsets Startup Chestnut
Chestnut signage stands on the company's Arkansas property, U.S., in this undated handout image. Chestnut Carbon/Ana Davila/Handout via REUTERS/File Photo Acquire Licensing RightsMicrosoft Corp (MSFT.O) has struck a deal with offsets startup Chest
Electric Vehicles
2023-12-20
Tesla to Offer Package That Turns Cybertruck Into an Actual Boat
Elon Musk confirmed that Tesla plans to offer a mod package that is going to turn the Cybertruck into a boat – at least to traverse 100 meters of water.Musk has made claims before about how Tesla vehicles could float and briefly serve as a boat.
Electric Vehicles
2023-12-20
Move Over Tesla: BYD Has Caught up and Is Expected to Take the Lead in Global BEV Market Share
As we navigate the final half of the last month of 2023, there’s a genuine chance that Chinese automaker Build Your Dreams (BYD) will take the crown from Tesla as the leader in global BEV market share. A global technology research firm thinks so
Electric Vehicle Battery
2023-12-20
DOE to Award $37M to Reduce EV Battery Recycling Costs
The Department of Energy (DOE) announced $37 million in funding (DE-FOA-0003120) to reduce costs associated with recycling electric vehicle (EV) batteries. This funding opportunity is the second phase of $200 million in total provided by the Bipartisan In
Coal Production
2023-12-20
Komatsu, Becker-Warkop, and Hydrotech Deliver Roof Supports for Longwall Coal Producer
Under a cooperative agreement between Komatsu, Becker-Warkop, and Hydrotech, 385 new longwall powered roof supports have been delivered to a US longwall coal producer in Alabama.The first face began operation in July and the second face is undergoing inst
Offshore Wind Power
2023-12-20
Louisiana Approves Its First Offshore Wind Agreements
Governor John Bel Edwards and Louisiana Department of Natural Resources (DNR) Secretary Tom Harris announced that the State Mineral and Energy Board approved the state’s first-ever wind operating agreements in state offshore waters at its Decemb
Solar Power Plant
2023-12-20
SRP and Nextera Commission 100-MW Battery System to Store Arizona Solar Power
SRP and NextEra Energy Resources, LLC have officially commissioned a 100-megawatt (MW) battery energy storage system to store the energy produced by the operating Saint Solar Energy Center in Coolidge, Arizona (Courtesy of NextEra Energy Resources)Salt Ri
Crude Oil
2023-12-20
US Buys 2 Million Barrels of Oil for Strategic Petroleum Reserve
The U.S. bought 2.1 million barrels of crude oil, the Energy Department said on Tuesday, to help replenish the Strategic Petroleum Reserve (SPR) after the largest sale in history last year.The department said it bought the oil, for delivery in February, f
Renewable Diesel
2023-12-20
Brazil to Raise Mandatory Biodiesel Mix, Halt Imports
Gasoline drips from the nozzle of a fuel pump at a Brazilian oil company Petrobras gas station in Brasilia, Brazil March 7, 2022. REUTERS/Adriano Machado/File Photo Acquire Licensing RightsBrazil will increase the country's mandatory biodiesel mix
Oil & Gas Supply
2023-12-20
Texas Grid Over Relies on Natural Gas to Restore Power After Blackouts -Study
Energy crews work on electric line repairs after ice storms and freezing rain in the South left thousands without power and turned roadways into ice rinks during an extreme cold weather period, in San Antonio, Texas, U.S., February 2, 2023. REUTERS/Kaylee
Oil & Gas Trade
2023-12-20
Shell Greenlights 15th Us Gulf of Mexico Oil Platform
A view shows a logo of Shell petrol station in South East London, Britain, February 2, 2023. REUTERS/May James Acquire Licensing RightsShell PLC (SHEL.L) and Equinor ASA (EQNR.OL) on Tuesday greenlit a 90,000 barrels per day (bpd) oil and gas platform in
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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