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Solar thermal
EIG Global Launches Thermal Solar Project in Chile, LatAm's first
U.S. private equity firm EIG Global Energy Partners on Tuesday inaugurated Latin America’s first thermal solar plant, a project in Chile’s sun-drenched Atacam…
Net Zero Emission
First Energy Earthshot Aims to Slash the Cost of Clean Hydrogen by 80% to $1 per Kilogram in One Decade
Secretary of Energy Jennifer M. Granholm today launched the U.S. Department of Energy’s Energy Earthshots Initiative, to accelerate breakthroughs of more abund…
Nuclear Power Plant
White House Cautiously Embraces Nuclear Power to Meet Green Goals
U.S. President Joe Biden's administration is cautiously embracing nuclear energy, despite lingering safety concerns, to help achieve its goal of a net-zero carb…
United States
Solar & Wind Are 93.8% of New U.S. Electrical Generating Capacity for 1st Third 2021
According to a review by the SUN DAY Campaign of data recently released by the FERC, wind and solar resources provided nearly all of the new electrical generati…
Wind Power Tower
CS Wind Takes over World's Largest Wind Tower Plant in the U.S.
CS Wind, the world's No. 1 wind turbine tower manufacturer, announced on June 3 that it has acquired a 100 percent stake in a U.S. plant of Danish wind turbine …
Energy Investment
SK Inc. Invests in Monolith, a U.S. Hydrogen Technology Company
SK Inc., the holding company of SK Group, is expediting the expansion of its eco-friendly hydrogen business, a key area of its ESG management.
Wind Farm
RWE’s U.S. Onshore Wind Farm Scioto Ridge in operation
RWE Renewables has started commercial operation on its 250 megawatt (MW) onshore Scioto Ridge Wind Farm in the U.S.
Oil Field
Exxon, Equinor Invest $8 Billion In Developing Oilfield Off Brazil
Norway’s Equinor and U.S. supermajor ExxonMobil have reached the final investment decision to develop the Bacalhau oilfield in Brazil’s prolific pre-salt area…
Oil Price
New Iran Nuclear Deal May Completely Derail Oil Price Rally
The U.S. has agreed to a tentative removal of key sanctions in the oil, gas, petrochemicals and automotive sectors, plus some of those on Iran’s banking sector…
Crude Oil
Iran Claims Its Oil Production Could Jump To 6.5 Million Bpd
Iran can boost its crude oil production to as much as 6.5 million barrels per day when the U.S. sanctions on its oil industry are lifted, Iranian Oil Minister B…
Solar Power Plant
Solar Alliance Signs Agreement for First U.S. Operating Asset
Solar Alliance Energy Inc. is pleased to announce it has signed a binding Letter of Intent with Abundant Solar Power Inc. to build, own and operate a 350 kilowa…
Market Analysis
Electrical Generation by Wind and Solar Grew by 34% in March 2021 and Accounted for 16.8% of Total U.S. Production
Electrical generation by wind and solar set a new record in March 2021 and accounted for 16.8% of total U.S. production.
Nuclear Power Plant
South Korea and United States to Cooperate in Nuclear Power Industry
U.S. President Joe Biden and South Korean President Moon Jae-in released a joint statement on May 21 and declared that they would cooperate in the global nuclea…
Oil Shale
High Profile Merger Creates A New $17 Billion Shale Giant
Cabot Oil & Gas Corporation and Cimarex Energy announced on Monday another merger in the U.S. shale patch in an all-stock merger of equals that would result in …
Electric Car
SK Innovation and Ford Sign MOU to Form EV Battery Joint Venture in the U.S.
SK Innovation and Ford announced they have signed a memorandum of understanding to create a joint venture – to be called BlueOvalSK – to produce approximately…
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