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Electric Vehicles
Lucid's (LCID) Answer to the Tesla Model Y, Model 3 Could Come Sooner Than Expected
An affordable Lucid (LCID) electric car? Lucid has already started developing its high-volume EV lineup, poised to rival the Tesla Model Y and Model 3.Lucid CEO…
Offshore Wind Power
Ørsted Takes Final Investment Decision on Hornsea 3 Offshore Wind Farm
Ørsted has taken final investment decision (FID) on the world’s single largest offshore wind farm, Hornsea 3, which will have a capacity of 2.9 GW …
Electric Vehicles
Move Over Tesla: BYD Has Caught up and Is Expected to Take the Lead in Global BEV Market Share
As we navigate the final half of the last month of 2023, there’s a genuine chance that Chinese automaker Build Your Dreams (BYD) will take the crown from …
Electrolyzer
Topsoe Awarded €94M From the EU's Innovation Fund to Build 500 MW SOEC Factory
Topsoe has signed a grant agreement with EU’s Innovation Fund for a total of €94 million for the construction of the company’s first electrolyz…
Oil and Gas Equipment
China's Largest Gas Storage Facility Creates Daily Extraction Record
China's largest gas storage facility Hutubi extracted a record 38 million cubic meters of natural gas on Saturday, as part of efforts to increase gas produc…
Coal Production
Global Coal Demand Expected to Decline in Coming Years
After reaching an all-time high this year, global coal demand is expected to decline to 2026, according to the latest edition of the International Energy Agency…
Solar Power Plant
KSTU Unveils First Rooftop Grid-Connected Solar Plant in Kyrgyzstan
The 80-kilowatt solar power installation was completed in September and will yield 143,037 kilowatt hours annually. This clean energy source will also reduce ca…
Coal Production
Global Coal Use at All-Time High in 2023 - IEA
Excavators push coal near the largest domestic electricity production facility REK Bitola, in Bitola, North Macedonia November 28, 2023. REUTERS/Ognen Teofilovs…
Nuclear Reactor
Feasibility Study for Korean Reactors at Borssele
Korea Hydro & Nuclear Power (KHNP) has been contracted to conduct a feasibility study into the construction of two Korean-supplied reactors at the Borssele nucl…
Oil&Gas Drilling
Norway Oil and Gas Investments Set to Soar in 2024, Industry Says
Equinor's flag in Stavanger, Norway December 5, 2019. REUTERS/Ints Kalnins/File Photo Acquire Licensing RightsOil and gas companies operating in Norway are …
Microgrid
Indonesia, UAE Ink Agreement on Smart Grid Technology to Face Energy Transition
TEMPO.CO, Jakarta - PT Perusahaan Listrik Negara (PLN), or the national electricity company inked an MoU with Abu Dhabi national energy company TAQA to develop …
Natural Gas
Exclusive: Venezuela Prods BP, Chevron to Revive Gas Project Near Trinidad, Guyana
Venezuelan President Nicolas Maduro gestures as he attends an event at the National Electoral Council (CNE) after voters in a referendum rejected the Internatio…
Electric Vehicles
Tesla Starts Telling Some Cybertruck Orders to 'Prepare for Delivery'
A number of Cybertruck order holders have started getting prepare for delivery emails today, suggesting that Tesla might be getting Cybertrucks out to the publi…
Biofuel
Wasde Maintains Forecast for 2023-'24 Soybean Oil Use in Biofuel
The USDA maintained its forecast for 2023-’24 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, r…
Offshore Wind Power
China's Largest Onshore Wind Power Base Starts Full-Capacity Production
A wind power facility with an electricity generating capacity of more than 10 billion kilowatt-hours (kWh) a year was put into full-capacity production and conn…
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