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European Natural Gas Prices Could More Than Double in 2024, Goldman Sachs Says
The region's energy crisis will not find a 'sustainable solution' until 2025, says investment bank
EV Market
EV AI Software Company Electra Vehicles Raises $21M in a Round Led by United Ventures With Participation From Stellantis
Electra Vehicles, a B2B electric vehicle AI software company headquartered in Boston that produces Cloud and onboard software to optimize the performance of ele…
United States
2022 Policy Wins and What’s to Come for the Advancement of Microgrids
Between major federal policy wins in the Inflation Reduction Act (IRA) and the Infrastructure & Investment Jobs Act (IIJA), coupled with a variety of successful…
Wind Farm
Europe Must Boost the Competitiveness of Its Wind Supply Chain
The new EU energy security strategy REPowerEU wants wind energy to more than double the 200 GW installed today by 2030. This requires massive investments in new…
Offshore Wind Power
Europe Must Get Its Electricity Market Design Right
The EU is on its way to reform its electricity market design. The EU Commission will table legislative proposals in March.And the Commission has only one chance…
Electric Vehicle Battery
Federal Incentives Help Drive $52B of Investments in 17 EV Battery Production Facilities: BOFA
As the United States works to onshore the production of critical electric vehicle components, Bank of America analysts expect domestic facilities to see the fir…
Oil Price
Oil Edges up on Hope of China Demand Revival
Oil prices edged up, after Brent crude posted its biggest single-day loss in seven weeks the day before, as market players reassessed prospects for supply and d…
Hydrogen Fuel Cell
Dynacert Invests $17.5M in Cipher Neutron Under Collaborative R&D Deal
dynaCERT is investing $17.5m in Cipher Neutron as part of a wide-ranging collaborative R&D partnership to develop green hydrogen and AEM electrolyser technology…
Nuclear Power Plant
Reprieved Illinois Plants to Be Uprated
US utility Constellation has announced it will invest USD800 million in new equipment to increase the output of its Braidwood and Byron nuclear power plants in …
LNG
Latvian Government Rejects Terms for Skulte LNG
The Latvian government on Tuesday rejected a proposal by the developer of the planned Skulte LNG terminal for state support, leaving the project's future un…
Hydrogen Project
The Hydrogen Stream: Green Hydrogen Capacity Surged in 2022
Green hydrogen production capacity continued to grow last year, driven largely by new investments, GlobalData says in a newly published report. Deutsche Bahn, m…
Offshore Wind Power
U.S. State Demand for Offshore Wind Nearly Doubled in 2022, Despite Economic Headwinds
Demand for offshore wind in the United States nearly doubled in 2022 and investments in the market tripled, marking not only a transformative year, but an infle…
Energy Investment
MPC Energy Solutions Enters Guatemalan Energy Market
Amsterdam-based global clean energy provider MPC Energy Solutions (MPCES) announced its entry into the Guatemalan market after signing a long-term power purchas…
Energy Taxation
South Africa Launches Green Energy Fund to Promote Tax-Deductible Investments
South Africa Launches Green Energy Fund to Promote Tax-Deductible InvestmentsSouth Africa’s first private equity fund which enables green energy investors…
LNG
Perenco Achieves Fid for Gabon LNG Facility
Independent oil and gas company, Perenco, has announced that it has taken a final investment decision for a 700,000-ton Liquefied Natural Gas facility in Gabon,…
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