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Natural Gas
EU Backs €406.4M Dutch Scheme to Support Filling of Gas Storage Facility
The scheme will enable the Netherlands to ensure existing gas storage facilities are filled up to at least 80% of their capacity by 1st November 2022 and comply…
Natural Gas
Russia to Cut Nord Stream 1 Gas Supplies to 20% Of Capacity From July 27
Move comes after Russia's Gazprom says another key turbine has to be closed due to repairs
Spain
Iberdrola and EU Bank Ink €550M Loan to Boost Renewable Energy in Spain
The loan will support the construction of solar and wind farms with a total capacity of around 1,800MW, generating enough electricity to power around one millio…
China
China Solar Installations More Than Double in First Half
China built nearly 31 gigawatts (GW) of new solar power capacity from January to June, up 137% from a year earlier, with full-year installations on course to hi…
Net Zero Emission
GlobalData: India Likely to Fall Short of 2030 Renewable Target at Current Pace
India announced new renewable energy goals last year to increase non-fossil power capacity to 500 GW and meet 50% of the country’s electricity needs through re…
Geothermal Power Plant
Philippines Identified as ‘Outperformer’ in the Geothermal Power Market
Fitch Solutions has cited the significant installed geothermal capacity of the Philippines and potential for substantial growth in citing the country as an "out…
East Asia, Pacific Remain as Hydropower ‘Powerhouse’
Its total capacity reached 532GW in 2021.
Energy Storage Battery
Battery Storage to Be a Quarter of Ireland’s Installed Capacity by 2030
Data from Cornwall Insight Ireland’s - ‘All-Island Power Market Outlook to 2030’ paper - has shown battery storage capacity will grow to become nearly a quar…
Indonesia
Indonesia Has the Highest Geothermal Capacity Under Development: Fitch
Of the 41 projects under development in Asia, 26 were from Indonesia.
India
Why Meeting Its Green Energy Goal Is Critical for India
Set to become the world's third biggest energy consumer by 2030, the country needs $223bn of investment to meet its target of 500 gigawatts of renewables capaci…
Crude Oil
Top U.S. Energy Envoy Expects Further Steps From OPEC Producers on Supplies
Major crude oil producers have spare capacity and are likely to boost supplies following President Joe Biden's visit to the Middle East, a senior U.S. energy en…
Saudi Arabia
Saudi Arabia: No Additional Capacity to Increase Oil Production Beyond 13 Million Bpd
The kingdom said it is targeting production capacity of 13 million bpd by 2027
Philippines
Philippines Is 3rd Largest Geothermal Market Globally: Fitch
Its installed capacity is estimated at 1,928MW in 2021.
Photon Energy Breaks Ground on Romanian Solar Projects
Photon Energy N.V. has announced that it has broken ground on the construction of its second Romanian photovoltaic (PV) power plant, which will have a generatio…
Cryptominer Taps Underutilised Nuclear Energy on Georgia Grid
EZ Blockchain specialised in using otherwise wasted energy for crypto mining is expanding its data centre capacity in West Point, Georgia, USA.
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