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Medium Voltage Drives Market reaching US$ 2.26 Bn by 2032 - Comprehensive Research Report by FMI
In 2021, the medium voltage drives market was valued at more than USD 1.5 billion, and it is expected to grow at a CAGR of around 3.8% between 2022 and 2032.Gro…
Oil & Gas Trade
Libya’s Oil Ministry Rejects Key Noc-Eni Gas Deal
Libya's oil ministry has rejected the $8bn offshore gas projects deal signed between the country's state-owned NOC and Italy's Eni on 28 January, sa…
World Energy Outlook
Generator Sales Market to Be Worth US$ 28.6 Billion by The Year 2032 - Comprehensive Research Report by FMI
As per a recent global study on Generator Sales Market by Future Market Insights, the industry is expected to reach US$ 28.6 billion in 2027, up from US$ 21.6 b…
South Korea
3 Korean EV Battery Makers’ Order Backlog to Top KRW1,000tn in 2023
The combined operating profit of LG Energy Solution, Samsung SDI and SK On is estimated to exceed five trillion won this year.That of LG Energy Solution is expe…
Energy Investment
CGGC INTERNATIONAL LTD. plans to invest US $10 billion in infrastructure projects in Iraq
A major Chinese conglomerate has offered to invest nearly 10 billion in infrastructure projects in the Autonomous Kurdistan region in North Iraq, an official ha…
Solar Power Plant
Household Solar Power Systems Overload Cyprus Electricity Grid
Some small photovoltaic plants were disconnected from the grid in Cyprus for the first time in an emergency intervention to prevent network overload. The countr…
Nuclear Power Plant
Second Unit of Krško Nuclear Power Plant Projected to Come Online in 2035
The second reactor in the Krško nuclear power plant in Slovenia could be in operation in 2035, according to its operator GEN energija. However, permits f…
Biofuel
U.S. Department of Energy Awards $118 Million to Accelerate Domestic Biofuel Production
The U.S. Department of Energy (DOE) today (Jan 26) announced $118 million in funding for 17 projects to accelerate the production of sustainable biofuels for Am…
United States
Chevron Venezuela Output up by 40,000 B/D
Chevron said its crude output in Venezuela has risen by about 40,000 b/d to reach 90,000 b/d since US sanctions were eased against the country late last year, w…
Geothermal Power Plant
Le Chesnay-Rocquencourt, France to Be Supplied With Geothermal Heating by 2025
Mignot Hospital, Le Chesnay-Rocquencourt, Yvelines, France (source: Département des Yvelines / flilckr, Creative Commons)A geothermal heating project in …
Market Analysis
Hydrogen Fuel Cell Market size is expected to grow USD 78,629.5 million by 2030
According to the Market Statsville Group (MSG), the global Hydrogen Fuel Cell Market size is expected to grow from USD 14,573 million in 2021 to USD 78,629.5 mi…
Hydrogen Fuel Cell
Zeroavia’s Largest Hydrogen Plane Successfully Completes Test Flight
This test flight is a significant step toward zero-emission passenger flight.ZeroAvia conducted a test flight of its Dornier 228 testbed hydrogen plane aircraft…
Market Analysis
Zero Emission Vehicle Market：Report from Future Market Insights
At a CAGR of 25.4%, the Zero Emission Vehicle Market is Set to Cross a Revenue of US$ 248 Bn as of 2023, and by 2033 is Expected to hit a Worth of US$ 2,384.66 …
Wind Power Project
South Korea’s Non-hydropower Re to Post ‘Strongest’ Growth in Electricity Share
It is expected to reach 46GW in 2032.Non-hydropower renewables are expected to see the strongest growth in contribution to South Korea’s electricity share…
Africa Energy
Cameroon Plans to Halve Fuel Subsidies
The Cameroonian government plans to halve fuel subsidies in 2023. Indeed, the authorities are expected to allocate for the subsidies in 2023 only half of the XA…
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