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Oil Price
Sinopec's 2021 Profit More Than Doubled on Higher Oil Prices, Sales
China Petroleum & Chemical Corp.'s 2021 net profit more than doubled to its best level in nearly a decade on higher prices and demand for petroleum products.
EU
EU's Borrell Says Nuclear Agreement with Iran 'Very Close'
Top EU diplomat Josep Borrell said on Saturday Iran and world powers were "very close" to agreement on reviving their 2015 nuclear deal.
Spain
Aquila Acquires 100MWp Solar PV Portfolio in Spain
Renewables investor Aquila European Renewables Income Fund has acquired a 100MWp solar PV portfolio currently in construction in Spain, doubling its portfolio’…
LNG
U.S. to Supply 15 bcm of Additional LNG to Europe in 2022
The United States will work to ensure it supplies 15 billion cubic metres (bcm) of liquified natural gas (LNG) to European Union markets this year, as Europe se…
Solar Power Panel
Alpina Awarded the Sixth Solar Leasing Tender Under the SolarNova Programme by HDB
The Project, with a solar capacity of 70 megawatt-peak ("MWp"), aggregates public sector demand for the installation of solar panels across 1,198 HDB blocks and…
Energy Storage Battery
ARENA Grants $14m Funding for AGL’s Broken Hill Battery Project
The Australian Renewable Energy Agency (ARENA) announced it will invest $14.84m to help AGL fund its 50-megawatt (MW)/50-megawatt-hour (MWh) lithium-ion large s…
Hydrogen Fuel Cell
HydrogenOne Invests £7m in Cranfield Aerospace Solutions
HydrogenOne Capital Growth and Safran Corporate Ventures invest £10.5m in Cranfield Aerospace Solutions to foster hydrogen fuel cell power in aviation.
Electric Car
LG Invests $1.4 Billion into First US Cylindrical Battery Plant
LG Energy Solutions (LGES) has announced a KRW1.7 trillion ($1.4 billion) investment in a cylindrical battery plant. It is said to be the first-ever cylindrical…
Smart Meter
Smart Electricity Meters Market to Surge to $15.2 Billion by 2026
A new market study by Global Industry Analysts Inc. (GIA) shows that the global market for smart electricity meters is expected to reach $15.2 billion by 2026.
Energy Storage System
US Energy Storage Sprinted to a Record-Setting End to 2021
The U.S. energy storage market set quarterly and annual records for new capacity additions, according to a report.
Electric Car
USPS Electric Vehicle Order Grows to 10,000
The United States Postal Service has doubled its order of electric vehicles from 5,000 to 10,019 as part of its planned fleet upgrade.
Nuclear Reactor
Belgium Pushes Nuclear Exit back a Decade due to Ukraine Crisis
Belgium has delayed its decision to cut nuclear energy by 10 years due to the rise in energy prices from the Russian invasion of Ukraine.
Net Zero Emission
What Is the Paris Agreement and Why Is It Important?
The historic agreement was signed during COP 21, which marks the 21st Conference of the Parties held by the United Nations Framework Convention on Climate Chang…
Solar Power Plant
How Exactly Would a Solar Power Station in Space Work?
The UK government is reportedly considering a £16bn proposal to build a solar power station in space.
Energy Transition
Denmark Supports China’s Energy Transition with New Partnership Agreement
Danish transmission system operator Energinet has co-signed a three-year framework cooperation agreement with the State Grid Corporation of China to support Chi…

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Sinopec's 2021 Profit More Than Doubled on Higher Oil Prices, Sales

EU's Borrell Says Nuclear Agreement with Iran 'Very Close'

Aquila Acquires 100MWp Solar PV Portfolio in Spain

U.S. to Supply 15 bcm of Additional LNG to Europe in 2022

Alpina Awarded the Sixth Solar Leasing Tender Under the SolarNova Programme by HDB

ARENA Grants $14m Funding for AGL’s Broken Hill Battery Project

HydrogenOne Invests £7m in Cranfield Aerospace Solutions

LG Invests $1.4 Billion into First US Cylindrical Battery Plant

Smart Electricity Meters Market to Surge to $15.2 Billion by 2026

US Energy Storage Sprinted to a Record-Setting End to 2021

USPS Electric Vehicle Order Grows to 10,000

Belgium Pushes Nuclear Exit back a Decade due to Ukraine Crisis

What Is the Paris Agreement and Why Is It Important?

How Exactly Would a Solar Power Station in Space Work?

Denmark Supports China’s Energy Transition with New Partnership Agreement