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Energy Storage Project
Energy Vault Begins Construction of First Gravity-Based Storage Project
Gravity-based energy storage developer Energy Vault has started construction on its first commercial-scale project.
Geothermal Power Plant
Strabag and Exergy Partner on German Geothermal Projects
Milan-headquartered engineering company EXERGY International Srl and German construction firm STRABAG Umwelttechnik GmbH have partnered to deliver turnkey geoth…
Wind Turbine
Wind Turbine Makers Struggle to Find Pricing Power
Wind turbine makers racked up hefty losses last quarter, swelled by rocketing costs and cut-throat competition despite being more in demand than ever.
Oil & Gas Trade
Shell’s Profit Soars on Higher Oil and Gas Prices
Oil major Shell booked a huge profit in the first quarter of the year on the back of higher oil and gas prices despite taking a charge due to its phased exit fr…
Solar Cell
France Publishes Second-Quarter FITs for PV Systems up to 500 kW
France has increased feed-in tariffs for all PV system categories, ranging from €181.40 ($190.90)/MWh for installations below 3 kW in size to €96.90/MWh for a…
Geothermal Power Plant
KenGen Announces Plans for up to 400 MW Additional Geothermal Capacity
Kenya Electricity Generating Company (KenGen) has announced plans to add 400 MW of geothermal power generation capacity in the next five years, so reported by S…
Oil Price
Shell Posts Record Profit on High Energy Prices and Trading Boost
Shell reported on Thursday a profit of $9.13 billion in the first quarter, its highest ever, boosted by higher oil and gas prices and a strong performance of it…
Hydrogen Transport
Hydrogen to be Transported Through 29-Km Scottish Pipeline
INEOS has launched a trial to transport hydrogen into the gas grid through a decommissioned pipeline in Scotland.
India
India’s ReNew Power Grows Solar PPA Portfolio by 2GW
India-headquartered renewable energy company ReNew Power has announced the signing of five solar PPAs and several long-term purchase agreements with corporate b…
United Kingdom
UK Asks North Sea Oil and Gas Sector to Set out Plan to Reinvest Profits
Business minister Kwasi Kwarteng has written to the North Sea oil and gas industry asking it to set out a clear plan to reinvest its profits into British energy…
Solar Cell
NEXT's Transparent PV Coating Transforms Commercial Windows into Power Source
California-based NEXT Energy Technologies announced the demonstration of a prototype installation of "transparent solar window walls" at the headquarters of its…
Hydrogen Production
How is Green Hydrogen Produced?
The International Energy Agency (IEA) has reported that the world needs to produce approximately 306 million tons of green hydrogen every year if it is going to…
Net Zero Emission
UAE Requires $681Bn Investment for Net-Zero Transition, Says Standard Chartered
Emerging markets told they need to invest an additional $94.8tn to meet long-term global warming targets.
Solar Inverter
Turkish Sports Stadium Takes Guinness World Records Title for Solar Output
The Guinness World Book of Records title ”most powerful solar power output from a sports stadium” in terms of installed capacity went to a sports stadium in T…
LNG
UK’s Gas Imports From Russia Increased by 37% in 2021
Russia was the fourth-most imported source for the UK last year, according to official data.
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