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Saudi Arabia
Saudi Arabia Signs Power Purchase Agreements for Solar Projects Worth $665m
Saudi Arabia has awarded contracts for two new solar projects with a combined capacity of one gigawatt as the kingdom continues to add renewable energy to its…
Oil Price
Petrol, Diesel Price Increase on Wait-and-Watch Mode; CNG Rates Hiked
CNG price in the national capital and adjoining cities on Tuesday was hiked by Rs 0.50 per kg, while an imminent increase in petrol and diesel price has been pu…
Hydrogen Project
World's Largest Green H2 Hub, Hydrogen City, to Open in Texas in 2026
Hydrogen City will eventually harness 60 gigawatts of solar and wind energy, and use it to produce over 2.5 billion kilograms (2.4 million tons) of green hydrog…
Nuclear Power Plant
IAEA Reports Second Ukraine Nuclear Facility Damaged
The International Atomic Energy Agency said Monday it has received reports of artillery shells damaging a nuclear research facility in Ukraine's besieged second…
Energy Storage Battery
PV to Account for About Half of Planned US Utility-Scale Capacity Additions
The US Energy Information Administration says that over the next two years, 60% of new capacity additions in the United States will be solar or battery energy s…
Offshore Wind Power
Marine Contractors to Support Three Japanese Offshore Wind Projects
Kajima Corporation and Van Oord have been selected as preferred balance of plant contractors for three Japanese offshore wind farms, with a total capacity of 1.…
Hydrogen Storage
Green Hydrogen Could Be a ‘Game Changer’ in Energy Industry
This is even as hydrogen only accounts for 0.2% of electricity generation currently.
Oil Price
Vitol’s Muller Says High Oil Prices may Lead to Demand Destruction
High oil prices are likely to lead to demand destruction amid a scarcity of crude and little spare capacity globally as the disruption to energy supplies from R…
Wind Farm
Vestas Halts Four Wind Farm Projects in Russia
Vestas will halt its four wind farm projects under development in Russia as consequence of Russia’s invasion of Ukraine, Danish newspaper Ekstra-Bladet reporte…
Energy Storage Battery
EIA Sees Continued Sunny Skies for Solar and Energy Storage
Power plant developers and operators expect to add 85 GW of new generating capacity to the U.S. power grid from 2022 to 2023, according to data reported by the …
Oil Price
OPEC Has No Control over Events Roiling Global Oil Markets
OPEC has no control over the events that have led to the run up in global oil prices and there is not enough capacity worldwide to compensate for the loss of Ru…
Nuclear Power Plant
Karachi 3 Begins Supplying Electricity
Unit 3 of the Karachi nuclear power plant in Pakistan has been connected to the electricity grid, becoming the fourth Hualong One reactor in the world - and the…
Ireland
Wind Energy Supplied Record High of 53% of Electricity Demand in February
Wind Energy Ireland said that wind energy provided 53% of the country's electricity needs last month - the highest share of demand ever achieved by wind in Irel…
Crude Oil
China Confident of Ensuring Energy Supply Despite Challenges
China’s government is capable of supplying sufficient energy despite serious challenges as it will step up production capacity and boost reserves to keep price…
Ireland
Power Generation From Wind Reaches a New Record in Ireland in February
53 per cent of Ireland’s electricity last month came from wind power.
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