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Electric Car
Geely Plans to Shift Focus to Hybrid Electric Vehicles, Set up NEV factory: Reports
Li reportedly said that the shift of focus was a decision made based on changes in the global auto sector, and Geely will expand its partnerships in electric ca…
Energy Storage Project
Northvolt To Build Europe’s Largest Factory For Energy Storage Solutions In Poland
Northvolt will invest $200 million in an energy storage systems gigafactory.
Offshore Wind Power
Danish and Asian Companies Compete for Contract to Build Offshore Wind Project in Taiwan
At least four leading Danish, Malaysian, Vietnamese, Singaporean, and US-based offshore contractors or consortia are said to be chasing a prized engineering, pr…
Solar Power Plant
Global PV Installations to Surpass 150 GW in 2021
Despite pandemic-induced impacts, the PV market was bigger than expected last year. In particular, an installation rush in Vietnam and China took place in Decem…
China
Chinese Company Contracted to Work on Tianwan 7&8
The two units, with VVER-1200 reactors, are being built by Rosatom, which said work on unit 7 should begin in May 2021, and on unit 8 in March 2022.
Nuclear Power Plant
Cofrentes Licence Extension Gets Regulatory Approval
The Spanish nuclear regulator has approved the renewal of the operating licence for Iberdrola's Cofrentes nuclear power plant near Valencia until the end of Nov…
Nuclear Reactor
Chinese Fast Reactor Begins High-Power Operation
The China Experimental Fast Reactor (CEFR) has been restarted and reconnected to the grid, marking its entry into its high-power operation phase.
Joe Biden
How to Calculate the Social Cost of Carbon? Researchers Offer Roadmap in New Analysis
The Biden administration is revising the social cost of carbon (SCC), a decade-old cost-benefit metric used to inform climate policy by placing a monetary value…
Wind Farm
Siemens Gamesa Extends Gemini Contract
It will service the 600MW Dutch North Sea site for a further five years.
Substation
DEME Secures Contract for Two Offshore Substations in Dutch North Sea
DEME Offshore has secured a contract to transport and install the jackets and topsides for two Hollandse Kust offshore substations which will be located in the …
Oil Price
Goldman Sachs Sees Minimal Oil Price Impact from Texas Freeze
Oil prices slid by up to 2 per cent on Friday, on worries that refineries will take time to resume operations after the big freeze in the U.S. South, creating a…
Crude Oil
Oil Drops as Investors Gauge Big Chill Impact on US Refineries
US West Texas Intermediate crude fell 2% to $59.3 a barrel on Friday.
Paris Climate Agreement
US Returns to Paris Climate Agreement
The US officially rejoined the Paris climate agreement today, with the country's top climate diplomat calling for more action by the world's major emitters.
Energy Security
Extreme Weather Conditions Harm RWE’s Renewables Electricity Generation in the US State of Texas
Operations teams focus on resuming production at RWE’s affected onshore wind turbinesRWE expects significant negative earnings impact in Onshore Wind/Solar seg…
Energy Storage Project
Startup Verkor Teams up with Consultancy Capgemini for 16GWh Lithium-Ion ‘Smart Factory’ in France
Digital software company Capgemini is partnering with battery energy storage startup Verkor to help bring to life a 16GWh-capacity lithium-ion cell factory in F…
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