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Solar project
UK’s Actis to Invest $600M in PH’s Terra Solar Project
The Philippines’ Meralco Powergen Corporation (MGen) and its subsidiary Solar Philippines New Energy Corporation (SPNEC) has announced UK-based investment…
LNG
PV Power Receives $521.5m Loan for Vietnam’s First LNG to Electricity Plants
Citi and ING Germany alongside Korea Trade Insurance Corporation (K-Sure), and Swiss Export Risk Insurance (SERV) have closed a 12-year financing loan worth $52…
Japan
Renova Delays 75-MW Biomass Plant Launch to 2025
Japan’s Renova Inc. has announced that the launch of the Omaezakikou Biomass Power Plant has been rescheduled to March 2025 from October 2024 due to addit…
Solar project
Harmony Energy to Build Nearly 150 MW Solar Projects in New Zealand
Harmony Energy has expanded its New Zealand portfolio with resource consent for the 75 megawatt (MW) Ōpunake and 73.5 MW Marton solar power plants.According to…
Energy Storage System
RWE Begins Construction of Ultra-Fast BESS in Netherlands
After commissioning, the plant will enter a two-year pilot phase. Credit: RWE.RWE has commenced construction of an ultra-fast battery energy storage system (BES…
Solar Power Plant
Namibia Partners With Chinese Companies to Build Solar Power Plant
The solar facility is set to bolster Namibia’s power generation capacity. Credit: BELL KA PANG / Shutterstock.Namibia’s state-owned power utility Na…
Energy Storage System
CLOU Electronics Signs BESS Warranty Service Agreement in Chile, Expanding the O&M Coverage Into South America
CLOU and Ingenova Technicians at Innergex site BESS unitsCLOU Electronics, a leading BESS system integrator, has recently signed a BESS Warranty Service Agreeme…
Green Hydrogen
China’s Envision to Invest $1 Bln in Spain to Make Green Hydrogen Machinery
Spain said on Tuesday it had signed a deal with Envision Group (1783.HK), opens new tab for the Chinese group to build a $1 billion plant to manufacture machine…
Electricity Transmission
US Approves Major Transmission Project in Nevada
Electricity transmission towers are seen in the Nevada desert near the Copper Mountain Solar Project, in Boulder City, Nevada March 21, 2012. REUTERS/Jason Reed…
Oil Price
US EIA Lifts Oil Demand Forecast, Says Prices Will Recover to Above $80/Bbl
Model of natural gas pipeline and U.S. flag, July 18, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing RightsGlobal oil demand is set to grow…
Electricity Transmission
US Power Use Expected to Reach Record Highs in 2024 and 2025, Eia Says
The downtown Los Angeles skyline is seen behind an electricity pylon at sunrise in Los Angeles, California U.S. November 8, 2017. REUTERS/Lucy Nicholson/File Ph…
Oil&Gas Drilling
Ecuador’s Petroecuador Launches Bidding Process for Offshore Gas Field
A gasoline station of Ecuador's state oil company Petroecuador is pictured, in Quito, Ecuador June 21, 2024. REUTERS/Karen Toro/File Photo Purchase Licensin…
Oil & Gas Trade
Oil Producer APA Corp to Sell Permian Assets for $950 Mln
An oil pump is seen operating in the Permian Basin near Midland, Texas, U.S. on May 3, 2017. REUTERS/Ernest Scheyder/File Photo Purchase Licensing RightsU.S. oi…
Renewable Energy
Argentina Sees Energy Investment Reaching $15 Bln Next Year, Fueled by Deregulation
Wind turbines are pictured in Azul, on the outskirts of Buenos Aires, Argentina December 1, 2021. Picture taken December 1, 2021. REUTERS/Agustin Marcarian/File…
LNG
Japan Considers Company Support Measures for Long-Term LNG Contracts, NHK Reports
Model of LNG tanker is seen in front of Japan's flag in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing …
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