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America
Crude Oil
2023-06-13
As Profit From Renewables Dwindle, Shell Returns to Crude Oil
Shell will keep oil output steady or slightly higher into 2030 as part of the Chief Executive Officer, Wael Sawan’s, efforts to regain investor confidence as the energy giant wrestles with poor returns from renewables while oil and gas profits c
Hydrogen Production
2023-06-13
Energy Transition in Brazil: Rio Grande Do Sul’s Green Hydrogen Ambition
In a significant step toward a sustainable energy future, the government of the State of Rio Grande do Sul, in collaboration with the Secretariat of Infrastructure and Environment (Sema), has signed a Memorandum of Understanding (MoU) with Green EN.IT and
Battery
2023-06-13
Ameresco and Atura Power JV Selected to Build 250MW/1,000MWH Battery Energy Storage System
HighlightsPart of the Largest BESS Awards in Canadian historyOver $40 Million in Awarded Backlog for Project WorkOver 25MW to be Added to Energy Assets in Construction and DevelopmentAmeresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializin
Coal Company
2023-06-13
Glencore Bids for Teck’s Coal Unit
Fording River is one of Teck’s four steelmaking coal operations located in the Elk Valley of British Columbia. (Image courtesy of Teck Resources.)Glencore (LON: GLEN) confirmed on Monday it had approached Teck Resources (TSX: TECK.A, TECK.B)(NYS
Biofuel
2023-06-13
USDA Maintains Forecast for Soybean Oil Use in Biofuel Production
The USDA maintained its forecast for 2023-’24 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released June 9. The forecasts for soybean planted area, yields and season-average prices we
Biofuel
2023-06-13
EIA Updates 2023, 2024 Bioenergy Forecasts
Renewables are expected to account for 23 percent of U.S. electricity generation this year, increasing to 25 percent in 2024, according to data released by the U.S. Energy Information Administration on June 5. Renewables accounted for 22 percent of U.S. e
Wind Farm
2023-06-13
Iberdrola Signs a Binding Agreement to Sell 55% Of the Business in Mexico for 6,000 Million Dollars
Mexico grants permission for Iberdrola to obtain a generation permit for the Santiago wind farmThe company has a renewables portfolio of 6,000 MW in the country to provide power to its private customersIberdrola Mexico and Mexico Infrastructure Partners (
United States
2023-06-12
Despite ‘Religious War’ Over Fossil Fuels, Texas Lawmakers Approve $1.8 Billion for Microgrids
During the Texas Legislature's recent session, renewables were blamed for causing the outages related to Winter Storm Uri. But a resilience bill providing $1.8 billion for microgrids passed, thanks to the efforts of a coalition of microgrid companies.
Coal-Fired Power Plants
2023-06-12
Pennsylvania’s Largest Coal Power Plant Set to Retire
1888 MW Homer City facility will close by JulyThe largest coal-fired power plant in Pennsylvania will shutter by July, according the U.S. Energy Information Administration (EIA).The 1888 MW Homer City Generating Station in Pennsylvania began generating el
Electric Vehicles
2023-06-12
Hybrid and Electrical Vehicle Powertrain Testing The Key to Reaping Efficiency Benefits
Over the past decade, most transportation markets, from automotive, to military, aircraft, and even space systems have seen a tremendous surge of interest in hybrid and electric vehicle technology. To gain the promised efficiency benefits and green profil
Wave Energy
2023-06-12
Jacobs Finishes Engineering Work for Oregon Wave Energy Test Site
this week said it has completed the underground infrastructure engineering for the PacWave South project in Oregon, which will become the first full-scale test facility for wave energy technologies in the US.The engineering company led the works for the H
Oil Price
2023-06-12
US to Add More Than Six Million Barrels of Oil to Reserves to Address Supply Disruptions
The Bryan Mound Strategic Petroleum Reserve facility at Freeport, Texas. The US Department of Energy says the reserve system has a 'long history of protecting the economy and American livelihoods in times of emergency oil shortages'. Reute
Coal-Fired Power Plants
2023-06-12
Firstenergy Subsidiary Upgrades Power Line to Strengthen Ohio’s Transmission System
FirstEnergy subsidiary American Transmission Systems has completed a significant upgrade to a nine-mile high-voltage power line in Carroll and Harrison counties, Ohio. This enhancement is part of a larger project involving the reconstruction of a 64-mile
Electric Vehicles
2023-06-12
Model Y Is Overtaking Model 3 to Become Dominant Player in Australia’s EV Market
EV sales have really started to take off in Australia with May data from FCAI showing EVs making up 7.7% of all vehicle sales. Out of the 8,124 EVs sold during the month, Tesla once again dominated making up 55% of the overall sales in May.It was a ground
Battery
2023-06-12
DOE Gives Conditional Loan Commitment for $850M to Kore Power for Battery Plant in Arizona; NMC and LFP
The US Department of Energy’s (DOE) Loan Programs Office (LPO) announced a conditional commitment for an $850-million loan to help finance the construction of KORE Power’s advanced battery cell manufacturing facility in Buckeye, Arizon
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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