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Carbon Capture
2024-04-15
Volvo Cars Uses Biogas to Achieve Its First Climate-Neutral Plant in China
Volvo Cars’ Taizhou manufacturing plant has switched to biogas, making it the company’s first plant in China to achieve climate-neutral status. The plant’s switch from natural gas will result in a reduction of more than 7,000
Photovoltaic (PV)
2024-04-15
The 531 MW Mendubim Photovoltaic Plant Inaugurated in Brazil
The Mendubim Solar Complex, the largest photovoltaic project in Rio Grande do Norte, was inaugurated in the municipality of Assu. With investments of R$ 2.1 billion, the project has 531 MW of installed power.The complex consists of 13 floors and occupies
Oil Field
2024-04-15
88 Energy Strikes Second Oil Discovery in Alaska
88 Energy Limited celebrates a significant milestone with the second light oil discovery at the SMD-B reservoir in its Hickory-1 well, Alaska, yielding a peak flow rate of around 50 barrels per day. With minimal associated gas flow, the results confirm th
Electric Vehicles
2024-04-13
Tesla Slashes Full Self-Driving Monthly Subscription to $99
Tesla has decided to slash its Full Self-Driving monthly subscription price in half to now $99 a month.This comes after Elon Musk said Tesla would keep increasing Full Self-Driving prices as the system gets better.Much has been said about Tesla’
Oil & Gas Trade
2024-04-13
IEA Lowers Global Oil Demand Forecasts on Weak OECD Consumption
The IEA's forecast on Friday stands in stark contrast to Opec's outlook released on Thursday. ReutersThe International Energy Agency has revised down its prediction for oil demand growth this year, due to lower-than-expected consumption an
Uranium Project
2024-04-13
Further Japanese Research Reactor Free of HEU
All remaining highly enriched uranium (HEU) from the Japan Atomic Energy Agency's (JAEA's) Japan Materials Testing Reactor Critical Assembly has now been returned to the USA. Japan and the USA have been cooperating for many years to repatr
Solar Power Plant
2024-04-13
Interior Finalizes Rule to Cut Solar and Wind Fees up to 80% on Public Land, Permits New Projects
(Photo by American Public Power Association on Unsplash )The Department of the Interior (DOI) has finalized a rule that will cut fees by up to 80% for wind and solar projects developed on federal land. In addition, the DOI announced it has permitted more
Solar Power Plant
2024-04-13
Avangrid's First California Solar Farm Breaks Ground
(Photo by Markus Spiske on Unsplash)Avangrid, a sustainable energy company and member of the Iberdrola Group, announced that construction is now underway at the Camino Solar Project in Kern County, California. Camino Solar is Avangrid’s first ph
Oil&Gas Drilling
2024-04-13
Exxon Moves Forward With Sixth Oil Project in Guyana
Exxon Mobil?s new headquarters are seen under construction in Georgetown, Guyana, February 18, 2024. REUTERS/Sabrina Valle/File Photo Purchase Licensing RightsAn Exxon Mobil-led oil consortium (XOM.N), opens new tab on Friday gave the financial green ligh
Energy Storage Project
2024-04-13
California Battery Plant Is Among World's Largest as Power Storage Booms
A drone view shows California's largest battery storage facility, as it nears completion on a 43-acre site in Menifee, California, U.S., March 28, 2024. REUTERS/Mike Blake Purchase Licensing RightsA major battery plant near Los Angeles will be amo
Renewable Energy
2024-04-12
The US Just Beat Its Goal to Permit 25 GW of Clean Energy by 2025
The US Department of the Interior has now permitted more than 25 gigawatts (GW) of clean energy projects – surpassing its original 25 GW by 2025 goal.25 GW of clean energy permits by 2024Once the federally permitted 25 GW comes online, it will b
Virtual power plants
2024-04-12
California's Virtual Power Plant Potential Is High, New Report Says
(Credit: Dennis Schroeder / NREL)California’s market potential for virtual power plants (VPPs) could hit 7.5 GW by 2035, exceeding 15% of peak demand and 5 times the existing capability, according to a new report from the Brattle Group prepared
Solar Module
2024-04-12
Excelsior and Heliene Enter 2 GW Supply Agreement for Domestic Solar Panels
An inspection station at the exit of the stringers before moving to the lay out station at Heliene's Mountain Iron Facility (Credit: Heliene)Excelsior Energy Capital, a renewable energy infrastructure investor, announced that it has entered a mult
Biofuel
2024-04-12
DOE Announces $18.8 Million to Advance Mixed Algae Development for Low-Carbon Biofuels and Bioproducts
On April 10, the U.S. Department of Energy’s Bioenergy Technologies Office (BETO) and Office of Fossil Energy and Carbon Management (FECM) announced the MACRO: Mixed Algae Conversion Research Opportunity funding opportunity announcement (FOA). T
Photovoltaic (PV)
2024-04-12
Repsol Completes the Construction of Frye Solar in the United States, Its Largest Photovoltaic Solar Plant
Frye Solar, located in Kress (Texas), is the largest solar project built by Repsol, with nearly one million panels, a total installed capacity of 637 MW and 570 MW currently in operation.The facility has a long-term power purchase agreement (PPA) associat
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Sungrow Signs 145 MW Distribution Agreements During Solar Pakistan 2023
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China's Investment into BRI Countries Expands in Jan.-May
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BlackRock Achieved $1bn Record for the Global Renewable Power III (GRP III) Fund
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Leeward Secures $162.9m Financing for Colorado Wind Farm
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China Solar PV Auction Awards 22.8 Gigawatts With Feed-in Tariffs
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Xinhua Headlines: Zooming Into Strength, Resilience and Potential of Chinese Economy