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World Needs to Spend an Additional $1.3Bn on Energy by 2030
A new report found that oil and gas need a boost in contrast to previous IEA report which urged governments to stop new fossil fuel plans.
Microgrid
Work Starts on Pumped Hydro Microgrid in Western Australia
A pumped hydro microgrid is being developed in Walpole, western Australia, that consists of a 1.5 MW pumped hydro facility, using two farm dams, that will store…
Energy Storage Battery
CATL’s Revenue Hits USD 20 Bn, Full-Year Net Profit Dips to 26.28%
Amid increasing raw material cost and China’s zero-COVID policy, CATL’s net profit was down by 1.48 percentage points to 26.28%
Hydrogen Production
TurboGen’s Hydrogen Turbine Heralds the Fuel of the Future
The turbine, which could soon operate on 100% hydrogen, is indicative of Israel’s position as a leading hydrogen energy innovator.
Hydrogen Production
Saudi Arabia in Prime Position for Green, Blue Hydrogen Production: KAPSARC Study
The Kingdom’s hydrogen aspiration is in line with the launch of the Saudi Green Initiative launched in October 2021
Solar Power Plant
Europe's Biggest Solar Power Plant in Turkiye to Meet Power Needs of 2M
When fully operational, Karapinar solar power plant will have 1,350 megawatt capacity.
Crude Oil
Guyana Gets $106 Million From Exxon for Oil From Newest Offshore Platform
Guyana sold its first share of crude oil from the country's newest offshore production facility to Exxon Mobil (XOM.N) for about $106 million, the government sa…
Oman
H2 Industries to Develop $1.4Billion Waste-To-Hydrogen Plant in Oman
The 200,000-square-metre centre will initially convert up to 1 million tonnes of municipal solid waste each year.
Wind Farm
Iberdrola Acquires Rights to 1GW Onshore Wind Farm in Australia
Spread across more than 50,000ha, Mount James is claimed to be the largest onshore wind farm in the world.
Carbon Emissions
A New Report Identifies the Highest Carbon Emitter in East Africa
A recently released report focused on carbon emissions says East Africa’s carbon emissions increased 6.5% between 2000 and 2017.
Australia
Australia ‘Has Just 68 Days of Oil Reserves’
The country is nearly 91% dependent on imported oil, a public policy think tank has warned.
Offshore Wind Power
Rystad Energy: Europe to Break Offshore Wind Capacity Records
New offshore wind capacity additions in Europe are poised to hit a record high this year, topping 4 GW for the first time and more than doubling additions seen …
Natural Gas
Germany's New Gas Storage Law - How Will It Work?
A bill to guarantee minimum gas storage levels in Germany, whose underground facilities account for a quarter of the EU bloc's total capacity, will kick in from…
Japan
Japan’s KHI Develops Liquefied Hydrogen Carrier
Japanese shipbuilder Kawasaki Heavy Industries (KHI) has developed a 160,000m³ liquefied hydrogen carrier, targeting for it to be commissioned in the latter ha…
Net Zero Emission
100% Renewable Powered Bitcoin Mining Facility to Prove Concept
Bitcoin solution providers Blockstream and Block are developing a solar and battery-powered mining facility as a proof-of-concept.
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