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Renewable Energy
2024-05-27
India's Tata Power Looking to Raise $1BN Loan for Clean Energy Projects
Tata Power anticipates finalising the credit arrangements within the next three to six months. Credit: RytisG/Shutterstock.com.Tata Power, part Indian conglomerate Tata Group, is seeking to secure a loan of up to $1bn to finance its clean energy projects,
LNG
2024-05-27
Thailand's Hin Kong Power Procures 0.2 MT/Year LNG From PTT
Thailand-based Hin Kong Power made its second short-term deal by securing 0.2 mt/year of LNG -- equivalent to three cargoes -- from PTT's trading business unit, according to a market source familiar with the matter."The cargoes will be source
Green Hydrogen
2024-05-27
Gail Inaugurates 10 MW Green Hydrogen Plant in Madhya Pradesh
GAIL (India) Ltd's maiden green hydrogen plant at Vijaipur in Madhya Pradesh has been commissioned, making a major step for the nation's largest natural gas transmission and distribution firm's foray into new and alternate energy,
Electric Vehicles
2024-05-27
Musk Opposes US Tariffs on Chinese EVs
Tesla founder Elon Musk said he was taken aback by US President Joe Biden's decision to impose 100 percent tariffs on imported Chinese electric vehicles."In fact, I was surprised when they (the Biden administration) announced (the tariffs). T
Energy Investment
2024-05-27
China's Industrial Profits up 4.3% in January-April
Staff members work at a factory of a subsidiary of China First Heavy Industries (CFHI) in Qiqihar, northeast China's Heilongjiang Province, April 28, 2024. [Photo/Xinhua]Profits of China's major industrial firms increased 4.3 percent year
Energy Investment
2024-05-27
Heads of State From Bahrain, Egypt, Tunisia and the Uae to Visit China
At the invitation of President Xi Jinping, Bahrain's King Hamad bin Isa Al Khalifa, Egypt's President Abdel Fattah El-Sisi, Tunisia's President Kais Saied, and the United Arab Emirates' President Sheikh Mohamed bin Zayed Al
Energy Investment
2024-05-27
XI to Attend Opening Ceremony of 10th Ministerial Meeting of China-Arab States Cooperation Forum
Chinese President Xi Jinping will attend the opening ceremony of the 10th ministerial meeting of the China-Arab States Cooperation Forum and deliver a keynote speech, Foreign Ministry spokesperson Hua Chunying announced on Sunday.As agreed by China and th
Solar Power Plant
2024-05-27
India Adds Record 10 GW of Solar Capacity in Q1 of 2024
India achieved a milestone by adding over 10 GW of solar capacity in the first quarter (Q1) of 2024, marking the highest quarterly installation to date.This figure represents an almost 400 per cent year-over-year (YoY) increase compared to the over 2 GW i
Photovoltaic (PV)
2024-05-27
The 10 Countries That Will Generate the Most Photovoltaic Energy (PV) in 2024
As the world shifts its focus towards renewable energy, solar photovoltaics has become a clear pioneer in the global transition to a sustainable future. Faced with the threat of climate change, nations are struggling to reduce their carbon footprint and m
Offshore Wind Power
2024-05-27
Marubeni Secures 1.1 GW Wind Power Deal in Saudi Arabia
The Power Purchase Agreement (PPA) covers two projects, which will contribute 1.1 GW of wind energy to the national grid.One of Japan’s largest trading and investment conglomerates, Marubeni Corporation, has closed an agreement with Saudi Power
Oil Price
2024-05-27
Iran Plans to Raise Oil Output to 4 Million Barrels per Day, Tasnim Reports
A general view of Abadan oil refinery in southwest Iran, is pictured from Iraqi side of Shatt al-Arab in Al-Faw south of Basra, Iraq September 21, 2019. REUTERS/Essam Al-Sudani/File Photo Purchase Licensing RightsIran has approved a plan to raise its oil
Electric Vehicles
2024-05-25
Tesla Officially Breaks Ground at Megafactory in China
Tesla has officially broken ground on its new Megafactory project to build Megapacks for energy storage in China.The Megafactory in Lathrop, California, was Tesla’s first dedicated factory to produce Megapacks, which were previously produced at
Nuclear Fuel
2024-05-25
Japanese-Canadian JV for Fusion Technology Development
Private Japanese fusion technology company Kyoto Fusioneering and Canadian Nuclear Laboratories (CNL) have formed a joint venture - named Fusion Fuel Cycles Inc - aimed at developing and deploying deuterium-tritium (D-T) fusion fuel cycle technologies.(Im
HVDC
2024-05-24
Hitachi Energy's HVDC Technology to Power Marinus Link, a Key Step Toward Australia's Net Zero Ambitions
- An Australia-first using advanced HVDC technology to stabilize an increasingly renewable grid- A transmission project of national significance to play a key role in Australia's energy transition to power 1.5 million homes- Hitachi Energy'
Offshore Substation
2024-05-24
Cadeler Signs Vessel Reservation Agreement Worth up to EUR 700 Million
Denmark’s Cadeler has inked an installation vessel reservation agreement with an undisclosed client, worth up to EUR 700 million, for upcoming wind farm installation projects.If all options are exercised during the four-year agreement, this woul
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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