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Offshore Wind Power
Boem Receives Unsolicited Offshore Wind Lease Request, Cancels Second Gulf of Mexico Sale
The Bureau of Ocean Energy Management (BOEM) has canceled its second Gulf of Mexico offshore wind lease sale due to a lack of competitive interest. Published on…
Renewable Energy
Spain Greenlights Almost 300 Renewable Power Projects With $18-Billion Investment
The Spanish government has authorised the construction of almost 300 renewable power projects with a total capacity of more than 28 gigawatts, which will help t…
Oil & Gas Trade
Totalenergies Says Will Quit South African Offshore Gas Block
French oil major TotalEnergies (TTEF.PA), opens new tab said on Monday it would withdraw from an offshore natural gas block off South Africa's southern coas…
Oil & Gas Trade
US Buys 4.65 Million Barrels for Emergency Oil Stockpile
The U.S. Department of Energy said on Monday it had finalized a contract to purchase 4.65 million barrels of crude oil for the Strategic Petroleum Reserve, for …
Photovoltaic （PV）
Chile Installs 3,962 MW of Photovoltaic and 1,882 MW of Wind Power
Currently, there are more than 3.9 GW PV under construction in the country. 67% of Chile’s electricity generation in June was renewable and solar energy r…
Energy Storage Project
Curtailment, Greece Needs 7 GW of Energy Storage by 2030 to Avoid Photovoltaic Cuts
Up to 20% of renewable electricity production is expected to be curtailed by 2030 in Greece if no new investments are made in energy storage.Greece is faced wit…
Coal Trade
China Approves Use of Local Coal in Three Pakistani Power Plants
China has approved the conversion of three coal-fired power plants in Pakistan from using imported coal to local coal, a move designed to lower energy costs.Sou…
Carbon Capture
Carbon Capture Storage Can Extend Fossil Energy Use: Bph Migas
Carbon capture storage (CCS) technology enables the extended use of fossil energy in Indonesia, according to Saleh Abdurrahman, a member of the Downstream Oil a…
Electric Vehicles
Tesla and BYD Are Dominating the Global Electric Vehicle Market
Tesla's gross margin has been declining every quarter since Q1 2022, but it still maintains the largest BEV market share globally.BYD is hot on Tesla's …
Nuclear Power Plant (NPP)
Hungary to Allow Nuclear Plant to Exceed Danube Water Temperature Limit
Hungary is planning to allow the temperature limit for a section of the Danube which receives cooling water from the Paks nuclear power plant to be exceeded for…
Oil & Gas Trade
Egypt Signs Investment Deals Worth $340 Million to Boost Oil and Gas Production
A $120 million agreement with Cheiron Energy was also signed to increase oil production in the Gulf of Suez.Egypt's Ministry of Petroleum and Mineral Resour…
Pumped Storage
Tunnel Construction Starts for Forbach Pumped Storage Project
German energy company EnBW hosted a ceremonial tunnel groundbreaking event late last month, signifying the official commencement of tunnel and mining work at th…
Offshore Wind Power
US DOE Issues USD 48.6 Million Call for Offshore Wind R&D
The US Department of Energy’s (DOE’s) Wind Energy Technologies Office (WETO) has launched the Offshore Wind National and Regional Research and Devel…
Photovoltaic （PV）
Photovoltaic Solar Power Plant to Be Built in Negros Oriental, Philippines
A Chinese solar energy company has joined the Philippine government’s efforts to increase renewable energy supply capacity by building a photovoltaic (PV) proj…
Offshore Wind Power
Morocco Begins the Construction Process of Africa’s First Offshore Wind Power Plant
Morocco is looking for a consultant to carry out a feasibility study on an offshore wind energy project that could be the first in Africa.The Moroccan Agency fo…
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