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Energy Storage Project
LG Energy Solution Scrambles to Boost EV Battery Production
LG Energy Solution had a $370 billion order backlog. (Photo by Ahn Seong-bok).South Korean battery giant LG Energy Solution is rushing to raise production capac…
Green Hydrogen
Namibia: EU to Pump N$20B Into Namibia's Green Hydrogen, Raw Materials Sectors
Namibian President Hage Geingob and the President of the European Commission, Her Excellency Ursula Von Der Leyen.The European Union (EU) has pledged a signific…
Solar project
Clearvue Technologies Secures Inaugural $A252,000 US Contract for Solar Greenhouses
ClearVue Technologies Ltd (ASX:CPV, OTCQB:CVUEF) has garnered its first commercial contract in the United States, tapping into a market for global solar greenho…
Hydrogen Project
$7 Billion in Subsidies Raises Spectre of Canadian Hydrogen Development
Toyota Mirai, hydrogen-fuelled car. (Reference image by the Province of British Columbia, Flickr.)BC’s abundant clean hydro power is attracting a wave of …
Oil & Gas Trade
Mexico's Pemex Gets Billions More in Government Support
The logo of Petroleos Mexicanos (Pemex) is pictured at the company's headquarters in Mexico City, Mexico July 26, 2023. REUTERS/Raquel Cunha/File Photo Acqu…
Electric Vehicles
Stellantis Takes $1.6 Billion Stake in China's Leapmotor, Forming JV to Sell Its EVs in Europe
One year after filing for bankruptcy with its Jeep joint venture in China, Stellantis has found a new partner in EV startup Leapmotor to utilize its existing te…
Oil & Gas Trade
Chevron's Mega Oil Deal More Expensive Than Exxon's
Chevron and Hess logos are seen in this illustration taken, October 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsExxon Mobil'…
Offshore Wind Power
Avangrid, CIP Secure USD 1.2 Billion in Capital for Vineyard Wind 1
Denmark-based Copenhagen Infrastructure Partners (CIP) and Avangrid have secured a USD 1.2 billion first-of-its-kind tax equity package for the 800 MW Vineyard …
Thermal Coal
Germany's €2.6 Billion Sale of Steag May Delay Company's Coal Phase-Out
The announced sale of STEAG to a private equity investor puts the German state-owned power utility at risk of reneging on its new sustainability commitments and…
Electric Vehicle Battery
Hyundai Announces 99.9% Of Foundation Work Is Complete at Its First Us EV and Battery Plant
On the one-year anniversary of breaking ground on its first EV assembly and battery plant in the US, Hyundai announced significant progress at the site.Hyundai …
Power Construction
World Bank Approves $1 Bln Loan to Help South Africa Tackle Power Crisis
The World Bank said on Wednesday that its board had approved a $1 billion loan to help South Africa reform its energy sector, as the country tries to overcome r…
Crude Oil
China to Cap Crude Oil Processing Capacity at 1 Bln Tons by 2025
China will cap its crude oil primary processing capacity at 1 billion metric tons by 2025 in an effort to streamline its vast refinery sector, the country's…
Hydropower Plant
WAPDA Says Hydropower Generation Increased in Fy 2023-24, Saving National Exchequer Billions
Pakistan witnessed a promising surge in hydroelectricity generation during the fiscal year 2023-24. The Water and Power Development Authority (WAPDA) reported t…
SMR
SMRs Would Provide Economic Boost to Ontario, Says Report
The construction and operation of four small modular reactors (SMRs) by Ontario Power Generation at its Darlington site will contribute about CAD15.3 billion (U…
Hydrogen Production
Feds Designate California as a Hydrogen 'Hub'
California is one of seven hydrogen hubs nationwide that the U.S. Department of Energy says will be a key part of the country’s clean-energy future.State …
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