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Photovoltaic (PV)
2023-07-31
Hayleys Solar Partners With Watchtower to Construct 2MWH Battery Backup System
Hayleys Solar after signing MOU with WatchtowerOn May 18th 2023, Hayleys Solar, the renewable energy arm of Hayleys Fentons, partnered with Watchtower Sri Lanka to construct a 2MWh battery backup system powered by solar PV, designed to provide energy inde
Renewable Energy
2023-07-31
PH's New Wave, Malaysian Firm Eye $50-M Investment in Local Re Market
The local renewable energy sector is expected to secure a $50-million investment boost following President Ferdinand Marcos Jr.’s state visit to Malaysia.Philippine-based private equity investor New Wave and Malaysian government-backed Emissary
Photovoltaic (PV)
2023-07-31
Prospects of Expanding Solar PV Capacity
Pakistan and China are a perfect match for collaboration on renewable energy (solar PV) as China is a globally known giant in renewable energy technology, while Pakistan needs to move away from thermal for power generation, stated a KTrade Securities sola
Nuclear Fusion
2023-07-31
Milton Park's Tokamak Energy Signs Fusion Energy Industrialisation Collaboration Agreement
Milton Park-based fusion energy company Tokamak Energy is collaborating with Sumitomo Corporation to deliver sustainable, low cost and globally available fusion energy.The pair of companies signed a collaboration agreement and will work together on the de
Oil and Gas Equipment
2023-07-31
S. Korea's 1st Indigenous Gas Turbine-Equipped Power Plant Begins Commercial Operations
South Korea has begun commercial operations of a power plant installed with the country's first homegrown gas turbine, its operator said Monday.Korea Western Power (KOWEPO) said it began operating the Gimpo Combined Heat and Power Plant in the cit
Coal Production
2023-07-31
BHP Expects Indian Steelmaking Boom to Drive Its Coal Business, Financial Times Reports
A small toy figure and mineral imitation are seen in front of the BHP logo in this illustration taken November 19, 2021. REUTERS/Dado Ruvic/IllustrationBHP Group (BHP.AX) expects the rampant expansion of India's steel industry to boost its coal bu
Energy Storage Project
2023-07-31
Finnish Minerals Group and Beijing Easpring to Form JV Company to Advance €774M Cam Plant Project
In November 2021, Finnish Minerals Group announced that it was negotiating with China-based Beijing Easpring Material Technology on the possibility to establish a cathode active materials (CAM) plant in Kotka, Finland. The parties have now agreed to set u
Energy Storage Project
2023-07-31
Laser Pulses May Help Develop Next-Gen, High-Capacity Batteries
Laser machine. (Reference image from Pxfuel.)A recent development out of King Abdullah University of Science and Technology may help engineer an improved anode material in next-generation batteries.In a paper published in the journal Small, KAUST research
Geothermal Power Project
2023-07-31
Geothermal Energy: The Hot New Trend in Renewable Power
Countries worldwide, including the U.K., Japan, Kenya, and Indonesia, are looking to develop their geothermal energy capacities to diversify their renewable energy mix.Technological improvements and increased funding for research and development are expec
Oil&Gas Drilling
2023-07-31
NIDC Digs 36 Oil, Gas Wells in 4 Months
TEHRAN - National Iranian Drilling Company (NIDC) dug and completed the digging operations of 36 oil and gas wells during the first four months of the current Iranian calendar year (March 21-July 22), an official with the company said.According to Masoud
Coal Production
2023-07-31
Iran Holds 1.5 Billion Tons of Coal Reserves
TEHRAN – The secretary of Iran Coal Association has said the country holds 1.5 billion tons of definite coal reserves which is enough to meet the country’s needs for the next 500 years, IRIB reported on Saturday.According to Saeed Sama
Hydropower Plant
2023-07-31
$20 Million Crypto Mining Farm to Be Built at Hydropower Plant in Kyrgyzstan
Kyrgyzstan intends to build a new facility for cryptocurrency mining at one of the country’s hydroelectric stations. The project aims to minimize the power plant’s electricity losses by utilizing its full generating capacity that curre
Wind Farm
2023-07-31
China's Goldwind Explores Investment Opportunities in Spain's Wind Power Market
The Spanish government has been offering incentives to invest in renewable energy as part of its commitment to the Sustainable Development Goals of the UN 2030 Agenda. These incentives allow full payback when solar or wind projects replace fossil fuel pow
Oil Price
2023-07-31
Kuwait Petroleum Corporation Posts Net Profit of $8.5 Billion in Last Fiscal Year
Kuwait Petroleum Corporation and its subsidiaries posted a net profit of more than 2.6 billion Kuwaiti dinars ($8.48 billion) in the last fiscal year, the highest in 10 years, the KPC's CEO said on Sunday.Chief Executive Nawaf Saud al-Sabah said i
Offshore Wind Power
2023-07-30
Vattenfall Has Stopped Development of Its 1.4 GW Norfolk Boreas Offshore Wind Project in the UK
The Norfolk Boreas project was awarded a 15-year Contract for Difference (CfD) in UK AR4 last year at £37.35/ MWh (real 2012) and positioned to take FID imminently. Management reasoned that due to supply chain constraints, cost inflation and hig
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Sungrow Signs 145 MW Distribution Agreements During Solar Pakistan 2023
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