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Solar Power Plant
Solar Could Win up to £185 Million in Largest Ever CFD Budget
The strike price for solar PV will increase 30% from £47 per megawatt hour (MWh) to £61/MWh. Image: Matt Austin.The government announced on 30 July …
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…
Oil & Gas Trade
Iran’s Non-oil Exports Rise Over $1.3 BN in 4 Months: Spox
The spokesman of Iran House of Industry, Mine and Trade said that the country’s export of non-oil commodities increased $1.350 billion in the first four m…
Oil & Gas Trade
Saudi Arabia’s Bahri Reports 15% Jump in Q2 Revenue on Year on Oil, Chemicals
The National Shipping Co. of Saudi Arabia, or Bahri, attributed a 15% year-on-year increase in revenue in the second quarter to better oil and chemicals shippin…
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 …
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…
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…
Solar Power Plant
China Installs 102.48 GW of New Photovoltaic Power in the First Half of 2024
China added 102.48GW of new PV installations between January and June 2024, according to the latest data from China’s National Energy Administration.Notably, t…
Electricity Transmission
European Electricity Prices Continue Upward Trajectory
Image: AleaSoft Energy ForecastingElectricity prices increased in all major European markets in the third week of July, according to AleaSoft Energy Forecasting…
Offshore Wind Power
Sulmara Secures NZTC Funding to Push for Further Offshore Decarbonisation
Subsea specialist Sulmara has been awarded funding by the Net Zero Technology Centre (NZTC) to develop an over-the-horizon (OTH) uncrewed surface vessel (USV) w…
Net Zero
Nearly 64% of Brits Support Increased Renewable Investment
Nearly 64% of Britons support further investment in renewables and almost 60% want their MPs to advocate for it.New findings from the Aldersgate Group, Renewabl…
Coal Trade
Sasol Coal Exports up 5% Despite Production Dip
South African petrochemicals company Sasol (SOLJ.J), opens new tab increased coal exports by 5% in the year to June 30, driven by improved freight rail performa…
Electric Vehicles
Tesla Increases Model S and Model X Prices
Tesla has increased Model S and Model X prices by $2,000 across the board. Interesting move has sales are collapsing.As we recently reported, Tesla Model S/X sa…
Gas Pipeline
Kazakhstan Plans to Increase Gas Transit to Uzbekistan, Kyrgyzstan and China
Kazakhstan plans to increase the transit of Russian gas to Uzbekistan and Kyrgyzstan, as well as the transit of Turkmen and Uzbek gas to China this year, Vlast.…
Photovoltaic （PV）
India’s Photovoltaic (PV) Capacity Reaches 85.4 GW
India’s installed PV capacity has increased to 85.4 GW, according to recent data from the Ministry of New and Renewable Energy.This marks a significant in…
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