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Renewable Energy
Additional 582 Billion Won Illegally Used for Renewable Energy Under Moon Gov't: Probe
Former President Moon Jae-in speaks at a renewable energy event held in Gunsan, North Jeolla, in 2018. [YONHAP]Government funds amounting to 582.4 billion won (…
Oil Price
Iran Exports $19 BN of Crude Oil Jan-May
The latest data released by the Energy Information Administration of the United States (EIA) shows that Iran has exported $19 billion of crude oil in the first …
Oil & Gas Trade
Europe Spends Nearly Half Billion Euros for Azerbaijani Gas Imports
Europe's expenditure on Azerbaijani gas imports in April 2023 have reached nearly 490 million euros, Trend learned from Eurostat, the statistical office of …
Coal Production
Indonesia Needs 1.5 Billion USD to Terminate Coal in Production
Indonesia needs a grant of about 1.5 billon USD from the International Partnership Group (IPG), including the US, Japan, Canada, Denmark, the European Union (EU…
Electric Vehicles
Biden Administration Aims $2 Billion in Grants at US Electric Vehicle Transition
US President Joe Biden. (Image by Gage Skidmore, Wikimedia Commons).President Joe Biden’s administration on Wednesday said it intends to invest $2 billion…
Wind Turbine
Wind Turbines That Shake and Break Cost Their Maker Billions
(Bloomberg) -- Wind turbines make money when they spin. But when they shake, it can cost billions.Siemens Energy AG is struggling to contain the fallout after d…
Solar Panel
Solar Could Increase Value of Homes by up to £10,000, Study Finds
The report noted that households with low-carbon technologies installed could save up to £2,300 on their energy bills each year. Image: Getty.A report by …
Oil & Gas Trade
Investment of $75BN Needed to Reduce Oil and Gas Methane Emissions by 2030, IEA Says
Burning methane from oil production near Watford City, North Dakota. Fossil fuels made up nearly 82 per cent of the total global energy supply in 2022. APInvest…
Hydrogen Production
Gasunie's Multibillion-Euro Hydrogen Network Revolutionizes Green Energy Distribution
Gasunie, an energy infrastructure company, has made a significant investment decision to develop the first part of its national hydrogen network.This network, c…
Nuclear Power Plant (NPP)
Contract for Cernavoda Tritium Removal Facility
Korea Hydro & Nuclear Power (KHNP) has signed a contract worth KRW260 billion (USD200 million) to construct a tritium removal facility at Romania's Cernavod…
Electric Vehicles
Ford Secures Huge Government Loan to Build Battery Factories, Chase Down Tesla
The US government will lend Ford and joint venture parter battery maker SK On $US9.2 billion to help finance the construction of three new battery manufacturing…
Green Hydrogen
Hydrom Intends to Finalize Contracts for Six Green Hydrogen Projects in the Fourth Quarter
Hydrogen Oman (Hydrom), a subsidiary of Energy Development Oman, is spearheading this drive. With six green hydrogen projects in the pipeline, valued at over $2…
Oil & Gas Trade
Eni and vår Energi Paying $4.9 Billion for Neptune's Entire Oil & Gas Portfolio, Bar German Business
Italian energy giant Eni has inked a sale and purchase agreement to acquire Neptune Energy Group Limited while the oil major’s majority-owned Vår En…
Solar Cell
Joint Venture Invests $1.5B to Boost American-Made Solar
A new U.S. joint venture formed by Vikram Solar, Phalanx Impact Partners and Das & Co. announced plans to invest up to $1.5 billion to develop a vertically inte…
Electric Vehicles
China Rolls Out $72 Billion in Tax Breaks for New-Energy Vehicles Over Next Four Years
China on Wednesday unveiled a $72 billion package of tax breaks aimed at boosting the purchase of electric vehicles over the next four years, extending an exist…
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