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Asia
Carbon Capture
2024-05-15
Indonesia's Pertamina, Exxonmobil, KNOC Sign Deal for CCS Hub Development
Indonesia's state energy firm Pertamina, U.S. major ExxonMobil and South Korea's KNOC on Wednesday signed a framework agreement for a carbon capture and storage (CCS) hub development in Indonesia. Pertamina and ExxonMobil also signed a dea
Photovoltaic (PV)
2024-05-15
SEG Solar and Grand Batang City Sign Land Utilization Agreement for Southeast Asia's Largest PV Industrial Park
On May 15th, SEG Solar ("SEG"), a leading U.S. producer of photovoltaic (PV) modules, and Kawasan Industri Terpadu Batang (Grand Batang City), the largest SOE industrial estate in Indonesia, held a signing ceremony to execute a Land Utilization
Oil & Gas Trade
2024-05-15
Iraq and Honeywell Sign Deals to Support Iraq's Energy Growth
The Iraqi government and Iraq’s private sector and Honeywell have signed a number of Memoranda of Understandings (MoUs). The MoUs will strengthen Iraq’s infrastructure as the nation deals with a growing demand for energy and power.The
Electric Vehicle Battery
2024-05-15
Indonesia Adds Nickel Parks Worth Nearly $40 Billion to Strategic Plan
Indonesia’s outgoing government has added 16 programs to its list of strategic projects that will receive state support, including five industrial parks for nickel processing, officials said on Tuesday.The parks, worth a total of 636.9 trillion
Electric Vehicle Battery
2024-05-15
BYD Postpones Plans for 2025 Chile Lithium Cathode Plant
Chinese carmaker BYD Co has postponed plans to produce lithium cathodes for electric vehicle (EV) batteries in Chile by 2025, the firm’s Americas head told Reuters on Tuesday.Chile’s economic development agency CORFO last year said pro
Nuclear Power Plant (NPP)
2024-05-15
Energoatom and Hyundai E&C Sign Cooperation Memorandum
The memorandum of cooperation signed by the Ukrainian and South Korean companies covers cooperating on the design, construction and commissioning of new nuclear power units in UkrainThe agreement was signed by Energoatom's Petro Kotin and Korean H
Wind Turbine
2024-05-15
First Vestas Turbine Stands at 295 MW Zhong Neng Offshore Wind Farm in Taiwan
The first of 31 Vestas V174-9.5 MW wind turbines have been installed at the Zhong Neng offshore wind farm in Taiwan.The first turbine was installed by Fred. Olsen Windcarrier’s jack-up vessel Bold Tern. The ship is currently located at the offsh
Geothermal Power Project
2024-05-15
Iceland, India Strengthen Geothermal Cooperation
The joint working group of Iceland and India in the field of renewable energy and climate issues held a meeting in Reykjavík with the aim of strengthening cooperation between the states in this field. This was the second time the group met, wit
Oil & Gas Trade
2024-05-15
India Oil Demand Driven by Consumers Rather Than Industry: Kemp
India’s oil consumption increased by 3.7 million tonnes (4.8%) in the first four months of 2024 compared with the same period in 2023, according to data from the government’s Petroleum Planning and Analysis Cell.Increased domestic cons
Electric Vehicles
2024-05-15
Biden Hikes US Tariffs on Chinese Imports
U.S. President Joe Biden on Tuesday unveiled steep tariff increases on an array of Chinese imports, including electric vehicle (EV) batteries, computer chips and medical products.Following are reactions to the move.AMERICANS FOR FREE TRADE, A COALITION OF
Oil & Gas Trade
2024-05-14
Indonesia Offers Five Oil and Gas Blocks in First Auction for 2024
Indonesia has offered five onshore and offshore oil and gas blocks in its first tender for the year amid efforts to reverse an extended production decline.Indonesia used to be a net oil exporter but this has changed as natural depletion and insufficient n
Nuclear Power Plant (NPP)
2024-05-14
Ukraine's Energoatom, S. Korea's Hyundai Agree to Cooperate on Nuclear Energy
Ukrainian nuclear power company Energoatom and South Korea's Hyundai Engineering & Construction Co., Ltd. (HDEC) signed a memorandum of cooperation Monday on the design, construction and launch of new nuclear generating units in Ukraine, Ukrai
HVDC
2024-05-14
Japanese Start Building UK's First HVDC Cable Factory
Japan-headquartered Sumitomo Electric has kicked off the construction of its subsea cable factory in Scotland, set to supply critical elements for the reinforcement of the UK electricity transmission grid and for connecting renewable energy production fac
Oil & Gas Trade
2024-05-14
Slovakia Lays Plans to Receive Gas From Azerbaijan
Slovakia is laying the groundwork to receive gas from Azerbaijan through Ukraine, to further diversify its supplies away from Russia and revive earnings from transit to other countries, Prime Minister Robert Fico said on Monday.Fico said the drop in Russi
Renewable Energy
2024-05-14
IRENA Partners With Turkmenistan to Maximize Renewable Energy Pros
The International Renewable Energy Agency (IRENA) supports Turkmenistan in harnessing the benefits of renewables, a source in the IRENA told Trend."Under the Central Asia Regional initiative, we worked with government representatives on energy planni
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Italy Allocates 1.72 GW in Rooftop PV Tender for Agricultural Firms
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Bangladesh Power Agency Tenders 120 MW of Solar
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South Korea Launches 1.25GW Offshore Wind Tender
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Montenegro Utility Launches 240 MWh Battery Storage Tender
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Norway’s First Floating Wind Tender Attracts Two Bids
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Green Genius to Invest over 100 mln Euros in Solar Energy in Poland