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America
Oil&Gas Drilling
2023-12-22
Shell, Trinidad's NGC Get License to Develop Venezuela's Dragon Gas Field
Shell PLC and Trinidad and Tobago's National Gas Company (NGC) were awarded a license by Venezuela on Thursday to develop the 4.2 trillion cubic feet (TCF) Dragon gas field and export its production to the Caribbean nation.There were scant details
Nuclear waste
2023-12-22
IAEA Oversees Removal of Disused Sealed Radioactive Sources From Chile
A record number of 31 disused sealed radioactive sources (DSRSs) have been transferred from Chile to a recycling facility in Europe as part of an International Atomic Energy Agency multi-regional project to enhance nuclear security and radiation safety.Se
LNG
2023-12-22
New Fortress Energy's TGS LNG Terminal in Brazil Ready for Operations
U.S. energy major New Fortress Energy (NFE) has revealed that the construction of its Santa Catarina (TGS) terminal in Brazil is complete, and the company is looking forward to the arrival of the floating storage and regasification unit (FSRU) Energos Win
Oil & Gas Trade
2023-12-22
Steelmaker Arcelormittal Inks Mexico Natgas Supply Deal Worth $2.7 Bln
Steam rises from the ArcelorMittal Dofascon steel mill in Hamilton, Ontario, Canada May 14, 2017. REUTERS/Chris Helgren/File Photo Acquire Licensing RightsArcelorMittal has renewed a contract with Mexico's state power utility CFE to be supplied wi
Solar Panel
2023-12-22
India's Waaree to Invest $1 Bln in Texas Solar Panel Factory
India's top solar panel maker Waaree Energies (WAAN.NS) on Thursday said it would invest up to $1 billion to build a factory in Texas to take advantage of soaring U.S. demand for clean energy.The announcement is the latest major corporate commitme
Microgrid
2023-12-22
US Eastern Grid Operator Pjm Expects to Clear 300 New Power Projects in 2024
PJM Interconnection, the biggest U.S. power grid operator, said on Thursday it expects to clear 300 new power generation projects totaling 26,000 Megawatt (MW) in 2024 under its overhauled review process.The grid operator, which coordinates transmission a
Renewable Energy
2023-12-22
Brazil's BRF Takes Out $150 Mln 'Green Loan' for Use in the Middle East
Brazilian chicken and pork processor BRF SA (BRFS3.SA) has announced the attachment of sustainability goals to a $150 million credit facility from the First Abu Dhabi Bank approved in March, according to company's disclosures on Thursday.The compa
Renewable Energy
2023-12-22
Italy's ERG Enters US Renewable Energy Market With $270 Mln Deal
Italian renewable energy group ERG (ERG.MI) said on Thursday it was entering the U.S. market after signing a deal to buy two wind and solar assets of U.S. rival Apex Clean Energy.ERG, which is owned by Italy's Garrone family and counts among Austr
Electric Vehicles
2023-12-21
BYD's New Tesla Model Y-Rivaling Electric SUV Earns Over 8K Orders in Impressive Debut
BYD Song L electric SUV (Source: BYD)The EV race is heating up as BYD looks to catch Tesla in global sales into the end of the year. Its newest electric SUV, the Song L, is aimed directly at Tesla’s sweet spot in the Model Y. The new BYD Song L
Electric Vehicles
2023-12-21
Lucid's (LCID) Answer to the Tesla Model Y, Model 3 Could Come Sooner Than Expected
An affordable Lucid (LCID) electric car? Lucid has already started developing its high-volume EV lineup, poised to rival the Tesla Model Y and Model 3.Lucid CEO Peter Rawlinson revealed that the company was aiming to release an EV priced around $50,000. O
Electric Vehicles
2023-12-21
Tesla Secures New Credit Union Partner to Reduce Electric Car Payments
Tesla has secured a new credit union partner to help reduce monthly electric car payments amid elevated interest rates.Over the last year, one of the biggest storylines around Tesla has been the elevated interest rates affecting prices.Tesla has consisten
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
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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