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Electric Vehicles
LG Chem Is Building a $3B EV Battery Cathode Factory – The Largest in the US [Update]
LG Chem is building a $3 billion battery cathode factory for electric vehicles in Tennessee – here’s the latest.December 27: The groundbreaking cere…
Renewable Energy
Pattern Energy Closes $11 Billion Financing of Largest Clean Energy Infrastructure Project in U.S. History
Full construction underway on SunZia Transmission and SunZia Wind, bringing clean power to 3 million Americans and over $20 billion in expected economic impacts…
Oil Pipeline
Williams to Buy Natural Gas Storage Assets for $1.95 Bln
Pipeline operator Williams (WMB.N) said on Wednesday it would buy a portfolio of natural gas storage assets from an affiliate of Hartree Partners LP for $1.95 b…
Electric Vehicles
NIO Announces Us$2.2b Strategic Equity Investment From Abu Dhabi-Based Cyvn
NIO entered into a share subscription agreement with CYVN Holdings, through its affiliate CYVN Investments RSC, an investment vehicle based in Abu Dhabi, pursua…
Hydrogen Project
Australia's $2 Billion Hydrogen Headstart Program Reaches New Stage
On behalf of the Australian government, the Australian Renewable Energy Agency (ARENA) has revealed that six applicants have been shortlisted and invited to sub…
Photovoltaic （PV）
Tongwei Plans $3.9 Bln Project to Boost Silicon Production
China's Tongwei (600438.SS) plans to invest 28 billion yuan ($3.9 billion) to expand its silicon production capacity, it said on Tuesday of the raw material…
Renewable Energy
Energy, Mining Sector in Laos Sees Strong Growth in 2023
Lao Ministry of Energy and Mines is anticipating a sector development strategy for 2024, building on achievements in 2023 that saw production rise to 89.892 bil…
Oil Field
Nigeria Billionaire, Alakija's Firm Gets Six Oil Blocks in Sierra Leone
F.A Oil Limited, a company owned by Nigerian billionaire and Africa’s richest woman, Folorunso Alakija, has been awarded exploration rights in six offshor…
Nuclear Power Plant (NPP)
Official Estimates First Nuclear Plant in Kazakhstan Could Cost up to $15B
The construction of the first nuclear plant in Kazakhstan may cost up to $15 billion, according to the head of the Kazakhstan Atomic Power Stations joint stock …
Oil&Gas Drilling
U.S. Shatters Oil Production Records in 2023
The U.S. produced over 4.49 billion barrels of crude oil in 2019, and this record has been exceeded in 2023.The Energy Information Administration's data ind…
Oil & Gas Trade
Britain's Harbour Energy Strikes $11.2 Billion Deal for Wintershall DEA Assets
Pump jacks of Wintershall DEA are pictured in Emlichheim near the northern German city of Meppen, Germany, March 9, 2022. REUTERS/Fabian Bimmer/File Photo Acqui…
Solar Panel
India's Waaree to Invest $1 Bln in Texas Solar Panel Factory
India's top solar panel maker Waaree Energies (WAAN.NS) on Thursday said it would invest up to $1 billion to build a factory in Texas to take advantage of s…
Renewable Energy
Saudi Arabia to Invest USD 10 Bln in Green Energy of Kazakhstan
Saudi Arabia plans to invest 10 billion US dollars in the development of green energy projects in Kazakhstan, Kazinform News Agency reports.Kazakhstan-Saudi Ara…
Offshore Wind Power
Norway Greenlights EUR 2 Billion Offshore Wind Contract for Difference Scheme
Norway has received clearance for up to NOK 23 billion (EUR 2.04 billion) in state aid in the form of a bilateral Contract for Difference (CfD) for the Southern…
Green Hydrogen
ACWA Power Gearing Up to Develop $4 Billion Green Hydrogen Project in Egypt
ACWA Power, a Saudi developer, investor and operator of power generation, water desalination and green hydrogen plants worldwide, has signed a framework agreeme…
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