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Electricity Transmission
2024-09-27
UNEZA Members to Invest $116BN per Year in Clean Power and Grid Infrastructure
UNEZA members have published recommendations to policymakers. Credit: IRENA/UNEZA.Members of the Utilities for Net Zero Alliance (UNEZA) have announced a joint intent to invest more than $116bn per year in clean power generation and system grid infrastruc
LNG
2024-09-27
China to start up Guangdong LNG terminal, ExxonMobil has 20-yr access
China's Guangdong Energy Group is expected to start commercial operation of a new LNG receiving terminal in south China next week which U.S. major ExxonMobil has agreed to use under a 20-year agreement, two industry sources told Reuters on Thursda
Hydropower Plant
2024-09-27
Uganda commissions $1.7 bln China-financed hydropower plant
Uganda on Thursday commissioned its largest electricity generation plant, a 600 megawatt (MW) power plant built on the River Nile that cost $1.7 billion, financed with a loan from China.The Karuma Hydropower Project (KHP), constructed by Sinohydro Corpora
Oil Price
2024-09-27
Oil prices slide 3% on prospect of more OPEC+ oil
A view shows Atyrau Oil Refinery owned by Kazakhstan's state energy company KazMunayGas in the city of Atyrau, Kazakhstan, November 15, 2023. REUTERS/Turar Kazangapov/File Photo Purchase Licensing RightsOil prices fell more than 3% on Thursday on
CCS
2024-09-27
UAE to unveil national climate plan under Paris pact before COP29
Delegates walk at Dubai's Expo City during the United Nations Climate Change Conference (COP28) in Dubai, United Arab Emirates, December 12, 2023. REUTERS/Thomas Mukoya/File Photo Purchase Licensing RightsThe United Arab Emirates aims to release i
LNG
2024-09-27
Japan's Mitsubishi to acquire stake in Petronas LNG plant, Nikkei reports
The logo of Mitsubishi Corporation is displayed at the entrance of the company headquarters building in Tokyo, Japan, April 26, 2016. REUTERS/Issei Kato/File Photo Purchase Licensing RightsJapanese conglomerate Mitsubishi (8058.T), opens new tab will acqu
SMR
2024-09-26
IAEA Head Expresses Confidence in Re-engaging Nuclear Talks With Iran
Credit: Thomas Kronsteiner via Getty Images.Rafael Grossi, director-general of the International Atomic Energy Agency (IAEA), said on Tuesday (24 September) that he expects Iran to re-engage with the nuclear agency after a recent talk with Iranian Foreign
Wind Turbine
2024-09-26
Vestas Secures 134MW Wind Turbine Order From Invenergy in Japan
Vestas has installed more than 1.18GW of wind turbines across Japan. Credit: Vladimka production / Shutterstock.Danish wind turbine maker Vestas has secured a 134MW wind turbine order from Invenergy in Japan.The wind turbines will be installed at Inaniwa
Energy Investment
2024-09-26
Trinidad Selects Shell as Preferred Bidder for Shallow Water Block, Sources Say
A view shows a logo of Shell petrol station in South East London, Britain, February 2, 2023. REUTERS/May James/File Photo Purchase Licensing RightsTrinidad and Tobago selected oil and gas producer Shell (SHEL.L), opens new tab as the preferred bidder for
Offshore Wind Power
2024-09-25
Singapore Enters Deal to Advance Offshore Wind Development
Photo by eye4dtail via PexelsEnterprise Singapore (EnterpriseSG), the Association of Singapore Marine & Offshore Energy Industries (ASMI), and the Global Wind Energy Council (GWEC) have signed a memorandum of understanding to link Singapore with the g
Wind Turbine
2024-09-25
China’s Sany Plans European Production Start by 2026, Manager Says
A man walks past a logo of Sany Group during a news conference in Beijing, October 18, 2012. REUTERS/Jason Lee/File Photo Purchase Licensing RightsChinese wind turbine maker Sany is preparing to start production in Europe by 2026 and is in advanced talks
Carbon Emissions
2024-09-25
Global Plan for Early Ditch of Coal Power Hits Indonesia Hurdle
G7-backed push to close coal power plants in emerging markets is facing further delays after a July deadline passed without a deal on the early closure of an Indonesian power plant that would be the first to shut under the initiative.The push against coal
Carbon Emissions
2024-09-24
Brookfield Raises $2.4 Billion for Climate Fund Backed by UAE
Brookfield Asset Management (BAM.TO), opens new tab said on Monday it has raised $2.4 billion for the Catalytic Transition Fund (CTF), which is backed by the United Arab Emirates and aims to scale up climate finance in emerging markets.CTF was launched at
Electric Vehicles
2024-09-24
BYD Prepares to Unleash Its Second 7,000-Car Carrier to Fuel Its Global EV Expansion
A second car carrier is ready to embark as BYD looks to continue its dominant global expansion. BYD’s new vessel is the second of seven that will hit the seas over the next two years as China’s EV leader goes global.BYD prepares to lau
Nuclear Power Plant (NPP)
2024-09-24
Borregaard Signs Long-Term Power Contract With Hafslund
Borregaard has signed a long-term power purchase agreement with Hafslund, securing electricity sourced from hydropower plants for the period from 2025 to 2034. The deal includes an annual contract volume of 88 GWh. This will account for 10–15% o
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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