Asia

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
Oil & Gas Trade
2023-07-29

NPCC Lands $219M Adnoc Offshore Epc Project Contract
National Petroleum Construction Company (NPCC) has announced that it has received a letter of award from Abu Dhabi National Oil Company (Adnoc) Offshore for a contract worth AED805 million ($219 million) to provide engineering, procurement and constructio
Electric Vehicles
2023-07-29

Vinfast Gets the Green Light for Us Listing as It Breaks Ground on Its First Us EV Plant
Vietnamese EV maker VinFast announced Friday it’s planning to hold its US listing next month. The US Securities and Exchange Commission (SEC) gave VinFast the green light to proceed with its proposed SPAC deal.VinFast US listing planned for next
Electric Vehicles
2023-07-29

BYD Mulls Dropping $1 Billion EV Joint Venture in India Following Government Scrutiny
After submitting a proposal to the government in India alongside its local joint venture partner this past spring, Build Your Dreams (BYD) is reportedly shelving a $1 billion investment following opposition from the government in New Delhi over security c

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Italy Allocates 1.72 GW in Rooftop PV Tender for Agricultural Firms

Asia

Milton Park's Tokamak Energy Signs Fusion Energy Industrialisation Collaboration Agreement

S. Korea's 1st Indigenous Gas Turbine-Equipped Power Plant Begins Commercial Operations

BHP Expects Indian Steelmaking Boom to Drive Its Coal Business, Financial Times Reports

Finnish Minerals Group and Beijing Easpring to Form JV Company to Advance €774M Cam Plant Project

Laser Pulses May Help Develop Next-Gen, High-Capacity Batteries

Geothermal Energy: The Hot New Trend in Renewable Power

NIDC Digs 36 Oil, Gas Wells in 4 Months

Iran Holds 1.5 Billion Tons of Coal Reserves

$20 Million Crypto Mining Farm to Be Built at Hydropower Plant in Kyrgyzstan

China's Goldwind Explores Investment Opportunities in Spain's Wind Power Market

Kuwait Petroleum Corporation Posts Net Profit of $8.5 Billion in Last Fiscal Year

Vattenfall Has Stopped Development of Its 1.4 GW Norfolk Boreas Offshore Wind Project in the UK

NPCC Lands $219M Adnoc Offshore Epc Project Contract

Vinfast Gets the Green Light for Us Listing as It Breaks Ground on Its First Us EV Plant

BYD Mulls Dropping $1 Billion EV Joint Venture in India Following Government Scrutiny

Italy Allocates 1.72 GW in Rooftop PV Tender for Agricultural Firms

Bangladesh Power Agency Tenders 120 MW of Solar

South Korea Launches 1.25GW Offshore Wind Tender

Montenegro Utility Launches 240 MWh Battery Storage Tender

Norway’s First Floating Wind Tender Attracts Two Bids

Green Genius to Invest over 100 mln Euros in Solar Energy in Poland