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2024-12-26
Oil India to Launch Subsidiary for Green Energy Ventures
Oil India Ltd. (OIL) has announced plans to establish a wholly-owned subsidiary, OIL Green Energy, to oversee its green and alternative energy ventures. The state-run Maharatna company aims to invest ₹25,000 crore in these initiatives by 2040 as part of i
Oil&Gas Drilling
2024-12-26
UAE’s Adnoc Boosts Drilling Capabilities With 2 New Jack-up Rigs
The Abu Dhabi National Oil Co. has received two new jack-up rigs, reinforcing its position as one of the largest drillship fleet owners globally.ADNOC Drilling will launch the new rigs by the first quarter of next year, expanding its fleet to 142 platform
Hydrogen Project
2024-12-26
Sarawak Premier Makes Inaugural Visit to Mitsubishi Power’s Takasago Hydrogen Park
Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), welcomed The Right Honourable Datuk Patinggi Tan Sri Dr Abang Haji Abdul Rahman Zohari bin Tun Datuk Abang Haji Openg, Premier of Sarawak, to its Takasago Hydrogen Park
Solar project
2024-12-26
US-Backed Econergy Secures Financing for 92 MW Solar Farm in Romania
Econergy Renewable Energy has secured financing from Raiffeisen Bank for its 92 MW Parau solar project in Romania, marking the Israeli company’s second such transaction with the bank.Econergy Renewable Energy secured a €38 million ($39.
Solar project
2024-12-26
SECI Allocates 600 MW Solar in India at $0.036/kWh
Solar Energy Corp. of India (SECI) has allocated 600 MW of solar at $0.036/kWh in its 1 GW solar tender, with Acme Solar, Adani Renewable Energy, and ReNew emerging as winners.SECI has announced the results of its latest 1 GW solar tender, launched under
Photovoltaic (PV)
2024-12-26
GCL Energy, Ant Digital Raise CNY 200 Million by Tokenizing Solar Assets in China
GCL Energy Technology and Ant Digital Technologies have raised CNY 200 million ($27.4 million) by tokenizing solar assets in a bid to pioneer blockchain-based financing in renewable energy.GCL Energy Technology, in partnership with Ant Digital Technologie
Oil Field
2024-12-25
Iraq’s Artawi Oil Field Gets Ready for a Massive Boom
A gas processing facility in Artawi, near Iraq’s southern port city of Basra. Photo: AFP/Hussein FalehBaghdad (IraqiNews.com) – The Artawi oil field in southern Iraq, which has estimated reserves of 2.4 billion barrels of oil, is expec
Natural Gas
2024-12-25
Uzbekneftegaz Forecasts Gas Production Decline to 26.5 Billion Cubic Meters by 2025
Bakhodirjon Sidikov.Photo: President's press serviceUzbekistan’s largest gas producer Uzbekneftegaz predicts a further drop in production to 26.5 billion cubic meters by 2025, marking a decrease of 2.8 billion cubic meters from this year
Hydrogen Production
2024-12-25
Bioelectrolyzer That Produces Hydrogen From Microorganisms in Waste Opens up Possibility for Large-Scale Production
Image Source: Korea Institute Of Energy ResearchThe research team led by Dr. Eun-Jin Joa of the Korea Institute of Energy Research ( hereinafter referred to as 'Energy Research' ) improved the core components of a bioelectrolyte cell that
Tender/bid
2024-12-25
Bharat Petroleum Wins 150 MW of Solar in NTPC Auction With INR 2.55/kWh Bid
India’s Bharat Petroleum has offer the lowest bid of INR 2.55 ($0.03)/kWh in NTPC’s new 1.2 GW solar auction, securing 150 MW of project capacity.Image: Priamo Mendez, UnsplashBharat Petroleum has secured 150 MW of project capacity wit
Tender/bid
2024-12-25
Fifth Round of Green Energy Auction for Offshore Wind Projects in the Philippines Set for Q3 2025
The Department of Energy of the Philippines (DOE) has announced the fifth round of the Green Energy Auction (GEA-5), exclusively dedicated to offshore wind projects. This auction is scheduled for the third quarter of 2025.The GEA-5 aims to secure market a
Electricity Transmission
2024-12-25
GE Vernova to Provide HVDC System for South Korea Power Grid Project
GE Vernova has been selected through its joint venture, KAPES, by Korea Electric Power Corporation (KEPCO) to deliver a High Voltage Direct Current (HVDC) system for the 500 kV Donghaean #2 to Dong-Seoul HVDC converter station project (EP2).This project i
Solar Technology
2024-12-25
China’s First Zero-Carbon Highway Includes PV, Paving Way for Sustainable Transport
China’s first zero-carbon highway, the 152.7 km Jinan-Hefei Highway, has opened for traffic, featuring renewable energy systems, advanced tracking technology, and design elements aimed at cutting net carbon emissions by 9,000 tons per year.Image
Wind Farm
2024-12-25
BP Bags 450MW Site in Japan Offshore Auction
[Image: istockphoto]A consortium including BP has won the rights to develop a 450MW wind farm off the coast of Japan in the country’s latest auction.The rights to develop the fixed-bottom project located 2-5km off Yuza Town in the Yamagata Prefe
Photovoltaic (PV)
2024-12-25
Taiwan’s Nan Ya to Triple Photovoltaic Solar Power Generation
Nan Ya PCB Vice President Jack Lu (???) said Tuesday the company will triple its solar power generation next year.Lu at a corporate briefing said the solar power system at the company’s Shulin plant generates 340,000 to 350,000 kWh of electricit
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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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Green Genius to Invest over 100 mln Euros in Solar Energy in Poland
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Norway’s First Floating Wind Tender Attracts Two Bids