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Video: China Built the World's Largest FPSO Ship
China's self-built world-class vessel for floating production, storage and offloading was handed over to its user and departed from the mother port in east Chin…
Electric Vehicle Battery
LG-Hyundai Battery Joint Venture Reported to Start Plant Construction in Indonesia Next Month
A battery joint venture between LG Energy Solution and Hyundai Motor will break ground for a plant in Indonesia, local media outlets reported on July 28.
Energy Storage Project
SECI Plans 2,000 MWh Standalone Energy Storage Project
The Solar Energy Corporation of India is planning a 2,000 MWh standalone energy storage system which will be executed by the private sector.
Electric Vehicle Battery
Hyundai Motor to Improve Safety of Second Life Battery Energy Storage System
South Korea’s top automaker Hyundai Motor said Sunday it has signed a memorandum of understanding with safety standards company UL to strengthen the safety of …
Solar Technology
REC Silicon Progressing Towards 2023 Moses Lake Restart as Biden Policy Agenda Adds Weight to Business Case
REC Silicon said it is continuing to work towards a restart of operations at its Moses Lake polysilicon production facility in the US, with the company buoyed b…
Crude Oil
Goldman Cuts Q3 Brent Forecast to $75 a Barrel
Oil prices fell $5 a barrel on Monday in response to fears over the hit to demand from rising Delta coronavirus infections and an OPEC+ agreement to boost outpu…
Crude Oil
Oil Prices Inch Even Lower Following Devastating 7% Single-Day Loss
After plunging nearly 7% on Monday, oil prices saw a leveling off and even a smidgeon of a rebound on Tuesday in what many hope will be a new state of calm in t…
Cooperation case
Algeria to Boost Cooperation with China Under BRI Framework: President
Algerian President Abdelmadjid Tebboune said on Monday that Algeria is ready to deepen cooperation with China in various fields under the framework of the Belt …
Hydropower Plant
Africa’s Largest Hydropower Project GERD Delayed by Sudan-Ethiopia Talks
Sudan on Monday reiterated its rejection of Ethiopia’s completion of the second filling of the Grand Ethiopian Renaissance Dam.
Market Analysis
The Electricity Supply in China Remains Smooth and Orderly: NDRC
The electricity supply in China remains smooth and orderly, according to the National Development and Reform Commission during a press conference on Monday.
Blockchain
Energy Harbor Corp. & Standard Power Sign Partnership to Power Ohio Crypto-Mining Facility with Nuclear Energy
Former paper mill-turned cryptomine will be powered by nuclear energy
Energy Storage Material
Australia's Vulcan Energy Signs Lithium Hydroxide Supply Deal with LG Energy Solutions
Australian lithium miner Vulcan Energy Resources on Monday said it signed an agreement with LG Energy Solution to supply lithium hydroxide for at least five yea…
EV Market
Honda Is Open For A New Alliance To Slash EV Costs
The company already partnered with General Motors on two Ultium-based models.
OPEC
OPEC+ is Boosting Oil Production, Ending Dispute that Shook Energy Markets
OPEC+ agreed to increase oil production Sunday, as demand roars back and prices surge, ending a dispute between the United Arab Emirates and Saudi Arabia.
Electricity Trade
Uganda: Govt Reduces Power Tariffs for Three Months
The Electricity Regulatory Authority has reduced power tariffs for July until September across different consumer categories.
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