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Turkey
2024-11-23
Türkiye Implements 25% Foreign Capital Increase for Geothermal Pre-license Holders
The Energy Market Regulatory Authority of Türkiye has implemented a 25% capital increase from foreign investment for pre-license holders of geothermal energy projects.The Energy Market Regulatory Authority (EMRA) of Türkiye, through its
China
2024-11-23
Taiwan Targets Deployment of 20 Geothermal Exploration Teams in 2025
Taiwan’s Ministry of Economic Affairs has announced plans of deploying 20 teams for deep geothermal exploration towards a 1-GW installed capacity goal by 2028.The Ministry of Economic Affairs of Taiwan announced that it is targeting the deployme
Energy Storage Project
2024-11-23
Envision Completes Testing of World’s Largest Grid-Forming Energy Storage Platform
China-based Envision Energy says that its 5.5 MW /14 MWh grid forming energy storage demonstration platform is the first and biggest single-unit grid-forming energy storage system globally to receive certification under rigorous, full-scenario testing sta
Offshore Wind Power
2024-11-23
Synera Enters South Korean Offshore Wind Market
Taiwan-based Synera Renewable Energy (SRE) has joined forces with Moondo Wind Energy (MWE) to develop an offshore wind project in the South Sea of South Korea.The two companies have formed a joint venture called Moondo Offshore Wind Energy. This marks Syn
Electric Vehicle Battery
2024-11-23
Honda Unveils Demonstration Production Line for All-Solid-State Batteries
Honda Motor unveiled the demonstration production line for all-solid-state batteries, which is being developed independently by Honda toward mass production.The line was constructed on the property of Honda R&D Co., Ltd. (Sakura), located in Sakura Ci
Solar Module
2024-11-23
JA Solar Plans 2 GW Solar Cell, Module Factory in Egypt
Chinese manufacturer JA Solar has agreed to build a 2 GW solar cell and module factory in Egypt with support from UAE-based Global South Utilities.The Egyptian government has signed a memorandum of understanding (MoU) with UAE-based Global South Utilities
Solar Panel
2024-11-23
Improving Solar-Air Source Heat Pump Performance via Heat Grid
A scientific group has proposed adding thermal solar panels to air-source heat pumps while also using grid heating to keep temperatures stable at night. The group modeled a system that could reportely achieve a coefficient of performance of 10.11 and repr
China
2024-11-22
Hunan Gold Shares Surge After Large Deposit Found in China
Hunan Gold Corp. have surged by their 10% limit for two days in a row after a sizable gold resource was discovered in central China’s Hunan province.The Geological Bureau of Hunan Province said on Thursday that it had detected more than 40 gold
Nuclear Reactor
2024-11-22
China's First Commercial Nuclear District Heating Scheme Expands
According to State Power Investment Corporation (SPIC) - parent company of Shandong Nuclear Power Company - the district heating network is expected to supply 4.6 million gigajoules of heat, which will save 410,000 tonnes of coal consumption and reduce CO
COP29
2024-11-22
COP29: Nations Struggle With Fossil Fuel Transition Agreement as Saudi Arabia Poses ‘Wrecking Ball’
People visit the Saudi Arabia pavilion on day eight at the UNFCCC COP29 Climate Conference in Baku, Azerbaijan on Nov. 19, 2024. Sean Gallup / Getty ImagesCOP29 talks, including the landmark deal on transitioning away from fossil fuels agreed upon at last
Natural Gas
2024-11-22
PAG Said to Sell AirPower’s Gas Business for $6.8 Billion
PAG, one of Asia’s biggest alternative asset managers, agreed to sell the industrial gases business of AirPower Technologies Ltd. to a Chinese consortium in a deal valued at $6.8 billion, people familiar with the matter said.The sale is one of t
Natural Gas
2024-11-22
Asian LNG Jumps to Highest This Year as European Benchmarks Rise
North Asia spot liquefied natural gas prices jumped to the highest level this year on increased competition from Europe for the heating and power plant fuel.The Japan-Korea marker, the benchmark for the region, rose to about $15.3 per million British ther
Indonesia
2024-11-22
BP and Partners to Invest $7 Billion in Carbon Capture Project in Indonesia’s Papua
The BP logo is seen at a BP gas station in Manhattan, New York City, U.S., November 24, 2021. REUTERS/Andrew Kelly/File PhotoBP (BP.L), opens new tab and partners said they would invest $7 billion in a carbon capture project and gas field development in I
Wind Turbine
2024-11-22
World’s Most Powerful Onshore Wind Turbine Turns On
Machine can power 160,000 households with blades that are each comfortably longer than a football pitchA picture of the 15MW turbine that was installed last month in Tongyu, Jilin Province, in China's northeast.Photo: SanyThe world’s mos
Electric Vehicles
2024-11-22
Chinese Carmaker BYB Revs up Brazil’s Enthusiasm for EVs
Visitors check out a BYD electric car at an exhibition in Salvador, the capital of Brazil's Bahia state, on July 4. WANG TIANCONG/XINHUAA 40-minute drive west of Rio de Janeiro's city center — past elevated highways — leads to the expansiv
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Bangladesh Power Agency Tenders 120 MW of Solar
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Green Genius to Invest over 100 mln Euros in Solar Energy in Poland
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