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Electric Vehicles
Rho Motion: More Than 1.7M EVs Sold Globally in October, Overtaking the Previous Monthly Record; China Growth Leader
EV research-house Rho Motion reported that more than 1.7 million EVs were sold over the month of October—overtaking the previous record, set in September 2023,…
Virtual power plants
The Great Untapped Potential of Virtual Power Plants
We need every tool in the toolkit to improve grid reliability, and we need them now, RMI’s managing director, Mark Dyson, told the pv magazine USA Week au…
Nuclear Policy
US Sets Targets to Triple Nuclear Energy Capacity by 2050
The United States announced new nuclear energy deployment targets at the UN climate summit (COP29) in Baku, Azerbaijan. As outlined in the framework, the aim is…
Greece
Greece Launches 200 MW Battery Storage Auction
Interested parties can submit bids by December 23. Awarded projects will be announced in February 2025 and need to be connected to the grid by April 2026.The Gr…
Solar project
US Solar Project Transforms Contaminated Brownfield Site
Thirty years in the making, but the site of a former circuit board recycling facility is now generating 7 MW of solar energy and providing power to 960 subscrib…
Finland
Testing to Start On 100 MWh Sand-Based Thermal Battery in Finland
The Sand Battery will stand about 13 meters high and 15 meters wideFinnish startup Polar Night Energy is building an industrial-scale thermal energy storage sys…
Solar project
Financing Secured for Solar-Plus-Storage Project in Senegal
Madagascar-based Axian Energy has obtained €84 million ($89.2 million) of financing for a solar-plus-storage project, featuring a 60 MW solar plant and a 7…
Electric Vehicles
Cadillac Introduces Electric 3-Row SUV VISTIQ Starting at $78,790
Cadillac is introducing the 2026 Cadillac VISTIQ, a luxury three-row SUV. VISTIQ will be sold globally, including in the US and Canada, with production starting…
Solar Power Plant
Azerbaijan Breaks Ground on 240 MW Solar Plant
Work is underway on a 240 MW solar project in southwestern Azerbaijan following the signing of an investment agreement and land lease agreement. It is being dev…
Wave Energy
Thames Water Gets Key Creditor Support for Rescue Plan
Thames Water won crucial support from creditors to move forward with its plan to raise £3 billion ($3.8 billion) in emergency funding.Holders of more than…
Nuclear Fusion
Japan Launches FAST Fusion Project
FAST, to be sited in Japan, aims to generate and sustain a plasma of deuterium-tritium (D-T) reactions, demonstrating an integrated fusion energy system that co…
Wind Turbine
Managing Wind Turbine Waste: Decommissioning Challenges
Wind energy may be used as a renewable energy source with less of an adverse effect on the environment than conventional fossil fuels if it is planned well. Whe…
Oil & Gas Trade
QatarEnergy to Acquire 23 Percent Stake in Block Offshore Egypt
Chevron Corp. has agreed to sell a 23 percent interest in the North El-Dabaa (H4) Block on the Egyptian side of the Mediterranean Sea to QatarEnergy.This agreem…
Oil & Gas Trade
Devon Raises 2024 Projected Production
United States producer Devon Energy Corp. has bumped up its output guidance for 2024 to between 811,000 and 830,000 barrels of oil equivalent a day (boed), supp…
Power Construction
Duke Energy Misses Expectations As Storms Hit Earnings
Power and gas utility Duke Energy Corp. has reported $1.24 billion in adjusted net income for the third quarter, down from $1.49 billion for the same three-mont…
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