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Belt and Road
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Electrification
$15.5M Investment into Zambia’s First Renewable Energy Buyer
InfraCo Africa, the Danish Investment Fund for Developing Countries (IFU) and EU-funded Electrification Financing Initiative (EDFI ElectriFI) will finance Afric…
Solar Cell
France Publishes Second-Quarter FITs for PV Systems up to 500 kW
France has increased feed-in tariffs for all PV system categories, ranging from €181.40 ($190.90)/MWh for installations below 3 kW in size to €96.90/MWh for a…
Oil Price
Shell Posts Record Profit on High Energy Prices and Trading Boost
Shell reported on Thursday a profit of $9.13 billion in the first quarter, its highest ever, boosted by higher oil and gas prices and a strong performance of it…
Solar Cell
Chinese and Turkish Contractors Build Largest PV Park in RO for Israeli Econergy
Turkish INTEC Energy Solutions and the Chinese CHINT Solar announced that they would work together to develop a 154 MWp photovoltaic plant.
Gas Turbine
Siemens Energy Sells 100th H-Class Gas Turbine—Fleet Exceeds 2.5 Million Operating Hours
In late March, Siemens Energy announced separate agreements with Guangdong Energy Group Co. Ltd. and Shenzhen Energy Group Co. Ltd., in which the gas turbine gi…
Energy Transition
E.ON Powers Innovation District with Green Energy
E.ON and Lendlease have signed a 25-year joint venture (JV) to supply 565,000 square metres of the Milan Innovation District (MIND) – a former expo site in Mil…
Wind Farm
WindEurope: Europe Invested €41 Billion in New Wind Farms in 2021
WindEurope has published its annual Finance and Investment Trends report. It shows investor confidence in wind energy remains high. Europe invested €41 billion…
Net Zero Emission
Bp to Invest £18 Billion in UK Energy System by 2030
bp intends to invest up to £18 billion in the UK’s energy system by the end of 2030, demonstrating bp’s firm commitment to the UK, and helping the country to…
Solar Power Panel
SpaceX is Expanding the Solar Farm at Its South Texas Launch Facility
SpaceX is increasing the size of its on-site solar farm in Boca Chica, Texas, by 1.7 acres, or about 30%, making the solar array a total of 7.1 acres.
Energy Storage Battery
LG and Shell Back High Performance Lithium-Ion Battery Development
South 8 Technologies has raised $12 million in Series A financing to commercialise next-generation electrolytes for lithium-ion batteries.
Shell Buys Sprng Energy Group for US$1.55Bn
Shell believes its purchase of Sprng Energy Group will enable it to become a leader across the power value chain in the rapidly growing India market.
Solar Cell
Electron Blocking for 18.5%-Efficient Carbon-Electrode Perovskite Solar Cell
Scientists in Germany and Switzerland have developed a perovskite solar cell with a carbon electrode that achieved 18.5% efficiency.
Solar Cell
Iran Launches Tender for 4 GW of Solar
The Iranian authorities have kicked off a tender to select development proposals for solar projects up to 10 MW in size, from both domestic and foreign investor…
Net Zero Emission
Duke Energy Increases Its Renewable Energy Capacity
Duke Energy said it increased its electricity generating capacity from renewable energy sources by 20% in 2021.
Carbon Emissions
Why Methane is a Large and Underestimated Threat to Climate Goals
A sudden surge in methane emissions is threatening to undermine international efforts to halt planetary warming at 1.5 degrees Celsius.
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