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America
Solar Power Plant
2023-12-25
Chile, 17 Hours of Storage With Concentrated Solar Power
In the Atacama Desert, the driest in the world located in northern Chile, the only Concentrated Solar Power tower in Latin America operates, a symbol of an energy revolution in the making against climate change.Aerial view of Cerro Dominador, the first co
Oil&Gas Drilling
2023-12-25
U.S. Shatters Oil Production Records in 2023
The U.S. produced over 4.49 billion barrels of crude oil in 2019, and this record has been exceeded in 2023.The Energy Information Administration's data indicates that the U.S. achieved this milestone around December 15, with a conservative estima
Electric Vehicle Battery
2023-12-25
Tesla 4680 Battery Production Is Trapped in Production Hell
Tesla has been working on 4680 battery cells that are taller and wider than the cells many companies are using. But it’s not just the format that is different. What’s inside is what makes the difference. A traditional lithium ion batte
Electric Vehicles
2023-12-23
Tesla Launches Project to Build New Megafactory in China
Tesla has officially launched its Megafactory project in Shanghai, China.The Megafactory in Lathrop, California, was Tesla’s first dedicated factory to produce Megapacks, which were previously produced at Gigafactory Nevada.It is still ramping u
Floating Solar
2023-12-23
Florida's First Floating Solar Farm Is Now Online
Duke Energy is piloting a floating solar farm in Florida – the state’s first – on an existing cooling pond in Polk County.The almost 1-megawatt (MW) floating solar array features more than 1,800 solar panels that float on top
Electric Vehicles
2023-12-23
This Startup Wants to Turn Your Classic Car Into an EV Using Scrapped Tesla Batteries
Want to enjoy the silent, emissions-free ride of an EV with your 1974 Ford Bronco? Arc Motor Company, an Ontario-based green tech startup, aims to turn your classic car into an EV using scrapped Tesla batteries, starting at $75,000.Sloane Paul, the first
Uranium Project
2023-12-23
Production Begins at Three US Uranium Mines
Energy Fuels has commenced production at three of its permitted and developed uranium mines in Arizona and Utah in response to strong market conditions. The company also expects to begin production at two additional mines in Colorado and Wyoming within a
Green Hydrogen
2023-12-23
ACP Statement on Administration Guidance for Green Hydrogen Tax Credits
The American Clean Power Association (ACP) released the following statement from ACP Chief Executive Officer Jason Grumet after the U.S. Treasury Department released proposed guidance on clean energy investment and production tax credits for green hydroge
Offshore Wind Power
2023-12-23
Vestas Secures 1.053 MW Orders for V163-4.5 MW Wind Turbine in the USA
Vestas has received a 603 MW order to power an undisclosed wind farm in the USA. The order consists of 134 V163-4.5 MW wind turbines, Vestas’ newest high-capacity wind turbine.The order includes supply, delivery, and commissioning of the wind tu
Hydrogen Production
2023-12-23
Hydrogen Tax Credit Plan Unveiled as Biden Administration Tries to Jump Start Industry
FILE - Hydrogen storage tanks are visible at the Iberdrola green hydrogen plant in Puertollano, central Spain, March 28, 2023. The Biden administration on Friday, Dec. 22, released its highly anticipated proposal for how the U.S. plans to dole out tax cre
Oil&Gas Drilling
2023-12-23
Shell, Trinidad's NGC Get 30-Year License to Produce Gas in Venezuela
The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo Acquire Licensing RightsA license extended by Venezuela
Oil&Gas Drilling
2023-12-23
US Drillers Cut Oil and Gas Rigs for Second Week in a Row - Baker Hughes
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row for the first time since mid November, energy services firm Baker Hughes (BKR.O) said in its closely followed report on Thursday.The oil and gas ri
Oil & Gas Trade
2023-12-23
First Output From Venezuela's Dragon Gas Field Expected in 2 Years -Trinidad
A natural gas project to be developed in Venezuelan waters by Shell (SHEL.L) and Trinidad and Tobago's state firm National Gas Company (NGCTT.UL) could achieve first output in the next two years if a positive investment decision is made, Trinidad
Oil & Gas Trade
2023-12-23
Conocophillips to Move Forward With Development of Willow Project in Alaska
A screen displays the logo for ConocoPhillips on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., April 6, 2022. REUTERS/Brendan McDermid Acquire Licensing RightsU.S. oil giant ConocoPhillips (COP.N) on Friday gave the financial gre
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
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US Gulf Oil and Gas Lease Sale Draws $82.7 Million in High Bids
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UK's National Grid bets $1.75 billion on AI power boom with Joulent investment
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Aukera Secures €48.5 Million IFC Financing for Romania Battery Storage Project
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SK, KKR to launch South Korea renewable energy venture valued at $1.3 bln
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Constellation Technology Ventures Invests in Blue Energy to Advance Small Modular Nuclear Deployment
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Japan Weighs Foreign Bank Financing for U.S. Gas Power Projects