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Market Analysis
Solar Emerging as Best Bet for West Africa’s Future Energy Mix
The countries of West Africa should make solar PV the “prime source” in their future energy systems as they decarbonize in the decades leading up to 2050, acc…
Construct 4.8 Megawatts Steel Winds Wind Farm In City Of Lackawanna
NYSERDA payments under these awards will not commence until projects have obtained all required permits and local approvals, and begin commercial operation. As …
Crude Oil
Trump Says world’s Biggest Oil Producers to Meet on Market Crash
President Donald Trump said the US would meet with Saudi Arabia and Russia with the goal of stanching an historic plunge in oil prices.
Pumped Storage
Genex Signs Pumped Storage Services Agreement with Energy Australia
Genex Power Limited has taken a significant step forward towards achieving financial close of the 250MW Kidston Pumped Storage Hydro Project (K2-Hydro) with the…
Hydropower Plant
World Bank Approves Additional $700 Million for the Dasu Project, Pakistan
The World Bank has approved an additional $700 million in financing for the Dasu Hydropower Project in Pakistan, with the funds to be used for the transmission …
Hydropower Plant
World Bank to Provide $700m More for Pakistan Hydropower Project
The loan will fund the transmission line for the first phase of Dasu hydropower plant.
Oil & Gas Trade
India's Top Refiner Declares Force Majeure On Oil Imports From Saudi Arabia
Indian Oil Corp (IOC), the country’s biggest refiner and fuel retailer, has declared a force majeure on oil imports from some of its top oil suppliers, includi…
Hydrogen Fuel Cell
US DOE Awards Nel Subsidiary Funds for Reversible Fuel Cell Research
Proton Energy Systems Inc has been awarded $1.85 million by the US Department of Energy to develop a reversible fuel cell system capable of producing low-cost h…
Nuclear Power Plant
Decree Delays Deadline for Start-up of Flamanville EPR
The construction of the EPR unit at the Flamanville site in Normandy was authorised by the French government by a decree of 10 April 2007, which stated first fu…
Wind Farm
New Wind Farm Brings More Power to Senegal
Senegal is among the African nations trying to increase access to electricity for its population. U.S. officials estimate about 35% of the country’s 16 million…
Electric Vehicle Battery
BYD Launches Blade Battery for Improved Fire Safety in Electric Vehicles
With electrical vehicles (EVs) gaining more market share by the day, fire safety is an increasingly important concern as the lithium-ion batteries which power t…
Market Analysis
Germany Installed 700 MW of PV in First two Months of 2020
According to Germany’s Federal Network Agency (Bundesnetzagentur), the country installed 356.7 MW of PV capacity in February, from 375 MW in the preceding mont…
Crude Oil
How Russia Is Shedding Its Venezuelan Assets
Russia has set up a wholly state-owned oil company named Roszarubezhneft after Rosneft announced it would exit Venezuela and ditch its Venezuelan assets to a ne…
Oil Price
The U.S. is About to Lose its Place as the World's Largest Oil Producer
The United States may lose its top spot among oil producers globally this year, according to economists.
CCS
Japan Maintains 2030 Climate Goals Unchanged in New NDC
Japan has submitted an update to its National Determined Contribution (NDC) to the Secretariat of the United Nations Convention on Climate Change (UNFCCC).
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