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Hydropower Plant
2024-01-02
Nexif Ratch Completes Acquisition of Operating Hydro Plant in Lao Cai Province, Vietnam
Nexif Ratch Energy Investments Pte. Ltd. ("Nexif Ratch Energy") is pleased to announce its successful acquisition of the 30 MW Minh Luong run-of-river hydro power plant with peak hour storage located in Lao Cai province, Vietnam. The acquisition
Renewable Energy
2024-01-02
The Right Time for Us to Invest in Vietnam's Energy
The Vietnamese government has made strong commitments to the energy transition. Gregory Testerman, chairman of the American Chamber of Commerce for Ho Chi Minh City and the central city of Danang, gave VIR’s Bich Ngoc his assessment on US invest
Coal Trade
2024-01-02
China Restores Coal Tariffs in Threat to Russian Exporters
China has restored import levies on coal from the beginning of the year, a move that could threaten Russian exporters dependent on the world’s largest market for the fuel.The tariffs were removed in May 2022 to guard against supply risks after M
Oil Field
2024-01-02
China's CNPC Replaces U.S. Oil Giant as Lead Contractor for Iraq's West Qurna 1 Oilfield
Representatives attend a handover ceremony in Basra, Iraq, on Jan. 1, 2024. China's leading oil and gas producer, China National Petroleum Corporation (CNPC), officially took over from U.S. oil giant ExxonMobil as the lead contractor for Iraq&
Hydrogen Fuel Cell
2024-01-02
Chinese Scientists Develop High-Performance Hydrogen Fuel Cells
Chinese scientists have developed a proton exchange membrane fuel cell with ultra-high volumetric power density, more than 80 percent higher than the performance of mainstream counterparts.Jiao Kui, a professor at Tianjin University's School of Me
Coal Production
2024-01-02
Coal Production Target for FY25 Is Set at 850 MT
In about 117 ongoing projects, we are looking to invest Rs 16,500 crore for FY25. (Image/Reuters)Coal India Ltd (CIL) has lined up massive plans to ramp up its mining capacity, while also roping in the private players in a big way as mine development oper
Solar Power Plant
2024-01-02
SPNEC Starts Work on ₱200-B Solar Project
Metro Manila (CNN Philippines, January 1) — SP New Energy Corporation (SPNEC), now backed by tycoon Manuel V. Pangilinan, has broken ground for Terra Solar, its ₱200-billion solar energy farm, dubbed to be the world’s largest solar project.In a
Electric Vehicle Battery
2024-01-02
Chinese Carmakers Launch Sodium-Ion Battery-Powered EVs
JAC Yiwei EV features sodium-ion batteries with an energy density of 120 Wh/kg and a rapid recharge capability.Sodium-ion batteries are more cost-effective due to the abundance of raw materials and potential for lower production costs.The launch signals a
Oil&Gas Drilling
2024-01-02
CNOOC Limited Announces MERO2 Project Commences Production
CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces that Mero2 Project has commenced production safely.Mero, Brazil's third largest oilfield, is located in the Santos Basin pre-salt sou
Oil & Gas Trade
2024-01-02
Exxonmobil Hands Over Operations at West Qurna 1 Oilfield to Petrochina
A 3D printed natural gas pipeline is placed in front of displayed ExxonMobil logo in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsU.S. energy giant ExxonMobil Corp (XOM.N) has formally exited
Crude Oil
2024-01-02
India Hikes Windfall Tax on Crude Oil
Oil tankers are seen parked at a yard outside a fuel depot on the outskirts of Kolkata February 3, 2015. Picture taken February 3, 2015. REUTERS/Rupak De Chowdhuri/FILE PHOTO Acquire Licensing RightsIndia has hiked the windfall tax on crude oil while redu
Coal Production
2023-12-30
Kazakhstan Railways Names Volume of Transported Coal
The fleet of Kazakhstan Railways JSC (KTZ, national company) has transported about 46.2 million tons of coal within Kazakhstan from May 1 through December 21, 2023 ,Trend reports.This is 400,000 tons more than the same period last year.Thus, the majority
Hydropower Plant
2023-12-30
WAPDA Boosts Hydel Power by 7PC in 2023
The Water and Power Development Authority (WAPDA) said it had a satisfying year for its hydropower and water sectors, as it increased its low-cost, clean and green electricity generation by 7 percent in 2023.This image shows WAPDA hydropower.— AFP/FileWAP
Energy Storage Project
2023-12-30
China's Gotion High-Tech Rolls First Battery Pack Off Its New Us Assembly Line
China’s EV battery developer Gotion High-Tech continues its global expansion, celebrating its latest milestone in new technologies this month. Gotion rolled its first battery pack off its new assembly line near Silicon Valley – its fir
Electric Vehicle Battery
2023-12-30
CATL Subsidiary to Invest $420M in Indonesia Nickel Mining and EV Battery Industry
The Jakarta Post reports that China-based Ningbo Contemporary Brunp Lygend (CBL)—a subsidiary of battery giant Contemporary Amperex Technology Limited (CATL)—will invest US$420 million in Indonesia’s nickel mining and EV battery manufacturing in
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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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Montenegro Utility Launches 240 MWh Battery Storage Tender
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South Korea Launches 1.25GW Offshore Wind 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