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LG Energy Solution Announces ESS Revenue Growth, New Products
LG Energy Solution has recorded third-quarter 2024 consolidated revenue of KRW 22.18 trillion ($323 million) and an operating profit of KRW 751.9 billion, inclu…
Biofuel
Cargill, Bunge Slow Soybean Buying on Stalled US Biofuels Policy
Agriculture giants including Cargill Inc. and Bunge Global SA are slowing their buying of soybeans due to uncertainty over US biofuels policy.The lack of guidan…
Solar project
How American Tax Breaks Brought a Chinese Solar Energy Giant to Ohio
From the outside, these are the hallmarks of the 21st century clean energy manufacturing boom promised by the Biden administration, the result of sweeping incen…
Electricity Trade
UK's Energy Industry Divided in Battle for Free Electricity
A proposal to divide up the UK power market and unleash free electricity in the windiest parts of the nation is turning into a bitter fight between its biggest …
France
QatarEnergy Takes 50% Stake In TotalEnergies Solar Project In Iraq
QatarEnergy, one of the world's top suppliers of liquefied natural gas, said on Monday it had agreed to take a 50% stake in TotalEnergies' 1.25-gigawatt…
Battery
Galp In No Rush To Invest In Lithium Refinery With Northvolt
Portuguese energy company Galp (GALP.LS), is in no rush to make a final investment decision (FID) to build a battery-grade lithium refinery in Portugal amid cha…
United States
NextEra Plans To Raise $1.5 Billion To Fund Energy Projects
Utility firm NextEra Energy (NEE.N), said on Monday it intends to raise $1.5 billion through the sale of equity units to fund new projects.Utility firms across …
Oil & Gas Supply
US Seeks Up To 3 Million Barrels Of Oil For Emergency Reserve
The U.S. on Monday said it is seeking up to 3 million barrels of oil for the Strategic Petroleum Reserve for delivery through May next year, a purchase that wou…
Australia
Zero Carbon Ammonia For Shipping Faces Cost, Safety Challenges
At one of the world's biggest bulk export ports in Western Australia, shippers safely completed the first transfer of ammonia from one vessel to another las…
Natural Gas
Beach Energy delivers first gas from Thylacine West to Otway Gas Plant
Beach Energy has announced the start of gas production from its Thylacine West 1 and 2 development wells in Australian waters, following their connection to the…
Offshore Wind Power
Ocean Winds Secures Key Permits For Southcoast Wind 1 Offshore Project
Ocean Winds, a 50:50 joint venture (JV) between EDP Renewables (EDPR) and Engie, has secured multiple permits for its 1.28GW SouthCoast Wind 1 offshore project …
Photovoltaic (PV)
Fonrich Successfully Completes Series A Funding of Several Million Dollars — Continuing to Build Safe and Intelligent New Energy Systems
Recently, Fonrich (Shanghai) New Energy Technology Co., Ltd. officially completedSeries A Funding of several million dollars, with Industrial Securities Capital…
Nuclear Reactor
Contract For Two New Nuclear Reactors In Romania Ready To Be Signed
The primary contract for the construction of new reactors 3 and 4 at Romania’s Cernavodă nuclear power plant is ready for signing, according to data revi…
Battery
LI-S Energy Off Like A Rocket On Latest Breakthrough
Li-S Energy has made another substantial improvement to the performance of its cutting-edge lithium sulfur battery technology, sending shares up by more than 58…
Oil&Gas Drilling
Prima Rejuvenating Oilfield Offshore Indonesia
Prima Energy has kicked off a development drilling campaign aimed at boosting production from its mature Camar field offshore East Java, Indonesia.The Indonesia…
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