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Energy Storage Project
US Long-Duration Energy Storage Demos to Receive $350M Funding
Projects that are capable of delivering electricity for 10 to 24 hours or longer will be supported.
Electric Car
GM EV Unit BrightDrop Expects $1 Billion in 2023 Revenue, Mass Production of All-Electric Delivery Vans to Start in December
BrightDrop, GM’s EV subsidiary, is forecasting $1 billion in revenue for 2023, its first revenue disclosure which came during GM’s annual investor day on Thur…
Ammonia
Power Facilities to Potentially Use 100 MT of Low-Carbon Ammonia as Feedstock by 2050
Conventional market low-carbon demand expected to reach 21 Mt globally by 2030, but cost remains challenging.
Cambodia
Cambodia Connects 100-Mw Solar Park Project to National Grid
The project was accomplished in partnership with the ADB.
Crude Oil
India Raises Windfall Tax on Crude Oil
India has raised a windfall tax on crude oil to 10,200 Indian rupees ($125.22) per tonne from 9,500 rupees per tonne, a government order said on Wednesday.
Carbon Neutral
EU Reaches Deal to Increase Carbon Removals From Land Use, Forestry and Agriculture
The agreement boosts the EU’s target for net carbon removals by natural sinks to 310m tonnes of CO2 equivalent by 2030.
Net Zero Emission
Indonesia’s PLN Enters Agreement With Amazon for 210MW Solar Projects
State-owned electricity firm PT PLN (Persero) signed an agreement with Amazon for the development of 210 megawatts (MW) of solar projects, the generated power o…
Hydrogen Project
COP27: Egypt and Norway to Build 100MW Green Hydrogen Plant
Plant will be built in Egypt’s Ain Sokhna region, on the Red Sea coast, and will be implemented in cooperation with Scatec, the Norwegian energy giant.
Solar Materials
51% Of Global Jinkosolar Facilities Powered by Clean Energy
Chinese solar module manufacturer JinkoSolar says it aims to have 60% of its global facilities powered by clean renewable energy by end of 2023.
Hydropower Plant
New Report Highlights Australia’s Massive Potential for Pumped Hydro
Researchers from The Australian National University (ANU) have released a detailed study outlining 1,500 additional locations across the country that could be u…
Net Zero Emission
Turkey Raises Greenhouse Gas Emission Reduction Target for 2030
Turkey will aim to bring its greenhouse gas emissions 41% below business-as-usual levels by 2030, raising the target from 21%, Environment Minister Murat Kurum …
Crude Oil
Russian Oil Output to Fall 1.4 Mln Bpd Next Year as EU Ban Takes Effect - IEA
Russian oil output is set to fall 1.4 million barrels per day(bpd) next year after a European Union ban on seaborne exports of Russian crude comes into effect, …
LNG
First Liquefied Natural Gas Exported From Mozambique
British energy giant bp is buying 100% of the output from the Coral Sul Floating LNG facility.
Net Zero Emission
Drop Coal or Forget the 1.5°C Target, Says IEA
The global demand for coal has been at record highs for the last ten years, new report has warned.
Coal-Fired Power Plants
ADB, Indonesia Explore Early Retirement of Cirebon-1 Coal Plant
The MoU zeroes in on the retirement of Cirebon-1 in West Java.

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US Long-Duration Energy Storage Demos to Receive $350M Funding

GM EV Unit BrightDrop Expects $1 Billion in 2023 Revenue, Mass Production of All-Electric Delivery Vans to Start in December

Power Facilities to Potentially Use 100 MT of Low-Carbon Ammonia as Feedstock by 2050

Cambodia Connects 100-Mw Solar Park Project to National Grid

India Raises Windfall Tax on Crude Oil

EU Reaches Deal to Increase Carbon Removals From Land Use, Forestry and Agriculture

Indonesia’s PLN Enters Agreement With Amazon for 210MW Solar Projects

COP27: Egypt and Norway to Build 100MW Green Hydrogen Plant

51% Of Global Jinkosolar Facilities Powered by Clean Energy

New Report Highlights Australia’s Massive Potential for Pumped Hydro

Turkey Raises Greenhouse Gas Emission Reduction Target for 2030

Russian Oil Output to Fall 1.4 Mln Bpd Next Year as EU Ban Takes Effect - IEA

First Liquefied Natural Gas Exported From Mozambique

Drop Coal or Forget the 1.5°C Target, Says IEA

ADB, Indonesia Explore Early Retirement of Cirebon-1 Coal Plant