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2024-03-16
Mitsubishi Power Achieves #1 Global Gas Turbine Market Share in 2023
- Global gas turbine leader for a second consecutive year with 36% global gas turbine market share and 56% Advanced Class gas turbine market share- Cumulative orders for J-class gas turbines surpassed 120 units, contributing to the company's top m
Uranium Project
2024-03-16
Kazatomprom ‘Action Plan’ Addresses Supply Chain Risks
(Image: Kazatomprom)Despite geopolitical tensions in 2023, the demand for nuclear power as a stable, low-carbon energy source has "notably increased", the Kazakh national atomic company's CEO Meirzhan Yussupov said. "With Kazakhstan
Nuclear Power Plant (NPP)
2024-03-16
Lower Tier of Tianwan 8’s Inner Containment Dome Lifted Into Place
The lower part of the inner containment building's dome has a diameter of 44 metres at its base and is just over 12 metres high. The upper dome part will be lifted and welded into position in a separate operation.(Image: CNNC)China National Nuclea
Photovoltaic (PV)
2024-03-16
Israel installed 1,100 MW of photovoltaic (PV) in 2023
The Israel Electricity Authority reported that the country installed 1,108 MW of new solar PV capacity in 2023. Renewables covered 12.5% of Israel’s electricity demand in 2023.According to data from the Israel Electricity Authority, by the end o
Offshore Wind Power
2024-03-16
Japanese Firms Join Forces to Promote Floating Offshore Wind Power Development
A group of Japanese energy firms including Mitsubishi's wind power unit (8058.T), opens new tab, JERA and Tokyo Gas (9531.T), opens new tab, have set up an association to boost the development of floating offshore wind farms and jointly create tec
Oil & Gas Trade
2024-03-16
India Hikes Windfall Tax on Petroleum Crude
The Indian government has raised its windfall tax on petroleum crude to 4,900 rupees ($59.15) a tonne from 4,600 rupees with effect from March 16, according to a government notification released on Friday.
Electric Vehicles
2024-03-15
Honda, Nissan Form EV Partnership to Compete With Chinese Brands
The illuminated Nissan Motor Co. logo atop the company's global headquarters at dusk in Yokohama, Japan, on Wednesday, Nov. 9, 2022. Nissan raised its profit outlook as a weak yen boosted repatriated income, helping to compensate for a persistent
Energy Storage Project
2024-03-15
Indigrid to Develop 180 MW Battery Energy Storage System in Gujarat
Harsh Shah, Chief Executive Officer, IndiGridIndiGrid has announced that it received the Letter of Intent (LOI) from Gujarat Urja Vikas Nigam (GUVNL) to Design, Supply, Test, Install, Commission, Operate and Maintain a 180 MW/ 360 megawatt-hour (MWh) Batt
Ammonia
2024-03-15
Fortescue Conducts World’s First Ammonia Bunker Trial in Singapore
Fortescue (FMG.AX), opens new tab has conducted the world's first ammonia marine bunker operation in the port of Singapore, the city-state's Maritime and Port Authority (MPA) and the Australian mining company said on Friday.The Singapore-f
Solar Power Plant
2024-03-15
JSW Energy Bags 300 MW Solar Project From Guvnl
JSW Neo Energy, a wholly owned subsidiary of JSW Energy received a letter of intent (LoI) for grid connected solar capacity of 300 MW from Gujarat Urja Vikas Nigam (GUVNL).The LoI was received against tariff based competitive bid for setting up of 1,125 M
Wind Farm
2024-03-15
Vestas Wins the Wind Order From Sempra Infrastructure to Build a 319 MW Wind Farm in Mexico
Project in Rusutsu, Hokkaido Japan reached commercial operation using 15 of GE Vernova’s 4.2-117 wind turbines. Total installed capacity of approximately 63 MW can provide power for the equivalent of 35,000 households on an annual basis.Invenerg
Renewable Energy
2024-03-15
Canada’s Brookfield Commissions First Phase of Renewable Energy Park in Indian State
Canada's Brookfield Asset Management (BAM.TO), opens new tab said on Thursday that it commissioned the first phase of its solar power sourced renewable energy park in the western Indian state of Rajasthan.The first phase is expected to produce an outp
Carbon Emissions
2024-03-15
COP29 Host Azerbaijan Plans to Upgrade Climate Target
Azerbaijan's Minister of Ecology and Natural Resources and COP29 President, Mukhtar Babayev, attends the World Governments Summit, in Dubai, United Arab Emirates, February 12, 2024. REUTERS/Amr Alfiky/File Photo Purchase Licensing RightsAzerbaijan
Electric Vehicles
2024-03-14
Mitsubishi Corporation, Mitsubishi Fuso Truck and Bus, and Mitsubishi Motors to Establish Online Platform Company for EV Related Services
Mitsubishi Corporation, Mitsubishi Fuso Truck and Bus Corporation (MFTBC) and Mitsubishi Motors Corporation aim to establish a new company—EVNION—in June 2024, to operate an online platform to provide one-stop services relating to electric vehicles (EV).E
Nuclear Power Plant (NPP)
2024-03-14
Refinancing of Barakah Classed as 'Green' Loan
The AED8.89 billion (USD2.42 billion) refinancing of the Barakah nuclear power plant project, announced last year, has now been recognised as a Green Loan Facility, the Emirates Nuclear Energy Corporation has announced.(Image: ENEC)The Barakah One Company
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