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Mingyang Will Invest RMB 1.5 Billion in Base inZhongshan for Assembling Equipment Used inManufacturing of HJT Products
At the beginning of January, a ceremony was held in Zhongshan to mark the signing of a project investment agreement between Mingyang Group and the local governm…
Oil & Gas Trade
Big Oil Saw Record $199Bn Profits In 2022 But 2023 Will Be Different
ExxonMobil, Chevron, Shell, TotalEnergies, and BP reaped almost $200 billion collectively last year but the outlook for 2023 does not look so bright.ExxonMobil,…
Oil & Gas Trade
Italy’s Eni Signs $8 Billion Libya Gas Deal as PM Meloni Visits Tripoli
Eni Chief Executive Claudio Descalzi and National Oil Corporation (NOC) head Farhat Bengdara attend the signing of an agreement between the two companies as Ita…
Energy Investment
US Battery Supply Chain Investments Reach Us$92 Billion Since Biden Took Office
A total of US$92 billion has been invested in the US battery supply chain since President Joe Biden took office in January 2021, including recent projects annou…
Coal Production
CHINA'S COAL-RICH PROVINCE SEES COAL PRODUCTION INCREASE IN 2022 - XINHUA
North China’s coal-rich province of Shanxi saw its coal production hit 1.31 billion tonnes in 2022, up 8.7 percent year on year, local authorities said.La…
World Energy Outlook
Ørsted expects EBITDA excluding new partnership agreements of DKK 21.1 billion for 2022
Ørsted presents operating profit (EBITDA) for 2022 based on preliminary and unaudited reporting.It has been a year with unusual market conditions, not le…
Electricity Transmission
Winter 2023-24 price cap forecasts fall further below EPG, but long-term prospects remain uncertain
The latest forecasts for the Default Tariff Cap (price cap) released by Cornwall Insight, have shown energy bill predictions for a typical household1 have falle…
Geothermal Power Plant
Proposed Bills Seek to Spur Geothermal in New Mexico, U.S.
Santa Fe National Forest, NM (Source: Flickr, CC, By: Artotem)Senators Jerry Ortiz y Pino and William Soules are sponsoring a series of bills that aim to accele…
SMR
French Bill on Accelerating Nuclear New Build Progresses to Senate
The French Senate has begun discussing a bill aimed at accelerating procedures related to the construction of new nuclear facilities near existing nuclear sites…
Oil Exploration
Totalenergies to Invest $1 Billion in Oil Development Offshore Brazil
(WO) — TotalEnergies has approved the final investment decision of the Lapa South-West oil development in the Santos Basin, 300 km off the coast of Brazil.offs…
China news
Dawei to Invest RMB 22 Billion in Projects Related to Lithium Resources
On December 28, 2022, Dawei Technology announced that it had signed an investment cooperation agreement with the government of Guiyang County. Under the agreeme…
Distributed Generation
Decentralised Renewables Solutions Can Improve Healthcare Services for Almost 1 Billion People
Close to 1 billion people in low- and lower-middle income countries are served by healthcare facilities that lack a reliable electricity supply, according to a …
Energy Investment
White House Touts Biggest Single Investment in US Solar Energy by Korean Company
Korean solar power company Hanwha Q Cells will spend more than $2.5 billion to expand its Dalton, Ga., facility, the largest one-time investment in solar manufa…
Electric Car
Micro EV Market Expected to Reach $180 Billion Within a Decade
Electric three-wheeler. (Reference image by Amada44, Wikimedia Commons.)The market for electric two-, three-wheelers and microcars will reach around $180 billio…
Carbon capture
EU Approves €1.1 Billion Danish Scheme for Carbon Capture and Storage
The European Commission has given its approval for a €1.1 billion scheme to support the roll-out of carbon capture and storage (CCS) technologies in Denmar…
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