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Saudi Aramco Signs Agreements Worth $11BN With Manufacturers
The move could create 5,000 jobs in Saudi Arabia over the next decade
Nuclear Power Plant
Nuclear Outage Raises Risk to Finland Power Supply
The latest delay to Finland's Olkiluoto 3 (OL3) nuclear reactor further increases uncertainty around the country's power supply this winter, especially in Janua…
Solar Cell
Understanding Organic Solar Cell Energy Loss Boosts Technology
Organic solar cells are a promising new technology with the potential to be more attractive for urban or façade applications than the common silicon solar pane…
E.ON’s Leonhard Birnbaum Takes the Reigns at Eurelectric
Leonhard Birnbaum, CEO and chairman of the Board Management of E.ON, has been appointed acting president of Eurelectric, federation of the European electricity …
France
France Spends 8.4 Billion Euros to Help Companies With Energy Bills
France will spend 8.4 billion euros ($8.67 billion) to help companies pay their energy bills, in a bid to cushion the impact of rising electricity and gas price…
Italy
New Italian Government’s Budget to Boost Spending to Fight Energy Crisis
Italy's new right-wing government plans to announce some 30 billion euros in new spending on Monday in a budget for next year, mainly focused on curbing the imp…
Energy Transition
RWE Plans Renewables Profit Share With German Authorities to Improve Local Acceptance of Energy Transition
German utility RWE will offer profits to municipalities where one of its wind or solar farms is located as part of an expansion of the German Renewable Energies…
Net Zero Emission
U.S. Aims for Zero-Emissions Heavy-Duty Vehicles by 2040
The United States aims to only sell and produce zero-emissions medium- and heavy-duty vehicles like school buses and tractor trailers by 2040, the U.S. energy s…
LNG
LNG Exports Drive Expansion of North American Natural Gas Market, Adding 29 Bcfd of Production by 2033
LNG exports nearly triple over next decade, Inflation Reduction Act to boost gas demand in the long term.
Energy Transition
The Energy Transition Will Fail Unless Industry Fixes Wind Power Issues, Siemens Energy CEO Says
Siemens Energy says its “overall performance” has been “held back by the negative development at Siemens Gamesa Renewable Energy,” a wind turbine manufactur…
Electric Car
InoBat Inks Declaration for EV Battery Gigafactory in Serbia
InoBat Auto, European developer of Electric Vehicle (EV) batteries, has signed protocols and declarations of intent with the Government of the Republic of Serbi…
South Korea
Saudi Aramco to Pump $7 Bln Into Biggest Petchem Investment in South Korea
Saudi Aramco plans a $7-billion investment at a South Korean affiliate's factory in the port city of Ulsan to turn out more high-value petrochemical products, t…
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.
EU
EU Financial Watchdog Launch Fact-Finding Dive Into ‘Greenwashing’
The European Union's banking, securities and insurance watchdogs launched a joint public consultation on Tuesday to help them better understand 'greenwashing' a…
Nuclear Power Plant
Doosan Enerbility Wins Contract for Turbine Island at Egypt Nuclear Plant
Doosan Enerbility has signed a deal with Korea Hydro and Nuclear Power to build the turbine island at the El Dabaa nuclear plant in Egypt.
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