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RCEP
Japan Approves RCEP, World's Largest Trade Deal Including China, ASEAN
Japan's upper house of parliament on Wednesday approved the world's largest free trade deal RCEP which comprises 15 Asia-Pacific countries.
Solar Inverter
Sungrow Launches High-Voltage Battery and Hybrid Inverter for Residential Applications
Chinese power electronics company Sungrow has unveiled a new storage energy solution for rooftop applications that comprises a hybrid inverter and a high-voltag…
Gas power plant
Millennium Proposes $15 B LNG-to-Power Project in Vietnam
Millennium Energy Vietnam, a member of the U.S.-based Millennium Petroleum Group, has proposed to develop a $15 billion LNG project in Soc Trang province.
Energy-Eficient Building
My-PV Uses Photovoltaic Power for Thermal Building Component Activation
Thanks to this storage concept, my-PV utilizes saving operating costs.
Oil Refinery
Korean Oil Refineries Offset Weak Oil Demand with Market Diversification
South Korea’s major oil refiners are going all-out to recoup losses from a Covid-19 pandemic-driven slump with market and product diversification.
United States
New Study by Leading Renewables Consultant ArcVera Shows Texas Icing Event Led to Over $4 Billion Financial Loss for Wind Farms
Study points to shortcomings in the hedged financial structures, with asymmetric price risk leading to significant losses for wind farm operators and gains for …
Solar Power Panel
REC Launches 405 W Black Solar Module with Gapless Design
Norwegian solar manufacturer REC Group has unveiled a new black solar module series for rooftop applications that is based on gapless technology, which raises t…
Oil Price
Oil Prices End the Week Down As Demand’s Rebound Gets Patchy
Oil prices fell last week with spreading coronavirus cases in countries such as India tempering optimism around positive signs out of the U.S. and Europe.
US Department of Energy Reverses Trump Ban on Chinese Electrical Equipment
The US Department of Energy has reversed former President Trump’s ban on the import of certain electrical equipment from China.
Power Construction
L&T To Design And Construct Two 132/11kV Substations In Dubai
The construction arm of L&T has secured several orders from high profile clients for its various businesses
Oil Field
L&T Secures Contract to Build Large Oil & Gas Supply Bases in Saudi Arabia
The company said that the project involves constructing industrial facilities of different sizes, an administration building, ancillary buildings, associated in…
Digitalization
Kazakistan to Explore Satellite Networks for Digital Transformation Project
The government of Kazakistan has signed a new deal with communications solutions firm SES to explore the use of the company’s connectivity services to accelera…
Carbon Emissions
IEA Releases Report on Global Carbon Dioxide Emissions
This would be the biggest annual rise in emissions since 2010, during the carbon-intensive recovery from the global financial crisis.
Nuclear Power Plant
UK's NDA Launches New Nuclear Transport Division
The NDA is also in the process of integrating its radioactive waste management businesses.
South Korea
South Korea Raises Renewable Energy Target to 25pc
South Korea's ministry of trade, industry and energy has raised the country's renewable portfolio standard policy from 10pc to 25pc.
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