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Power Construction
Power Distribution Arm of REC Orders Cancellation of Contract to Dongfang Electric India
Power distribution arm of REC Ltd, RECPDCL, has directed cancellation of an order to Dongfang Electric India, the Indian unit of the Chinese power equipment mak…
Netherlands
Shell Swings to Loss on $16bn Impairment Charge but Pays Dividend
Royal Dutch Shell swung to a heavy net first-half loss, but paid a dividend as the Covid-19 crisis hammered oil and gas prices.
Electric Vehicle Battery
PG&E, Tesla Start Building World’s Biggest Battery
The 182.5 MW/730 MWh Moss Landing energy storage system could eventually be expanded to 1.1 GWh – putting it on track to overshadow Tesla’s massive Hornsdale …
United States
Total Takes US$7-Billion Hit on Exposure to Canada's Oil Sands
Total SE announced an US$8.1 billion writedown after the push to curb carbon emissions and the coronavirus pandemic challenged assumptions about the viability o…
Solar Power Plant
5 Inventions Showing Us the Future of Solar Energy
When you imagine the energy of the future, solar power is probably in the picture – but in recent years, less than 2% of the world’s electricity has come from…
Energy Storage System
MHPS Will Supply Battery Energy Storage Systems to Help Balance the California Grid
Hecate Grid Awards 20 Megawatt Storage Contract for Southern California Project.
Hydrogen Fuel Cell Vehicle
HyGear Signs North American Contract
On-site hydrogen generation specialist HyGear has signed an agreement to supply its Hy.GEN technology for use in fuel cell vehicles operating in two North Ameri…
Coal-Fired Power Plants
China to Shut More Coal-Fired Power Capacity
The Chinese government has set a target to permanently close 7.33GW of inefficient coal-based power generation capacity in 2020.
United States
Could Rising US-China Tensions Change Global Energy Markets?
The widening rift between the world’s two largest economies – the United States and China – has had analysts and market observers using the phrase ‘Cold War…
Oil Price
Why Oil Remains Stuck at $40
Oil prices posted gains once again on Wednesday on the back of bullish data from the EIA, but analysts are warning that plenty of downside risks remain.
Hydropower Plant
Calls for more Better Financing and Regulation for Hydro Modernisation in South American
More investment and regulatory support is urgently needed to encourage the modernisation of hydropower projects in South America.
Hydropower Plant
ZIMBABWE: ZINWA to Finance Rehabilitation of Wenimbe Dam
The Zimbabwe National Water Authority has recently proposed to the State of Zimbabwe an estimated budget for the implementation of the Wenimbe Hydroelectric Dam…
France
Schneider Electric Expects Lower Annual Revenue, Margin on Virus Uncertainties
Schneider had previously forecast organic revenue growth and a higher core profit margin for the year, but scrapped this in March due to the pandemic
South Africa
Sasol to Sell World's Biggest Oxygen Production Site to Air Liquide
Air Liquide, an industrial gases company that has been present at the site since 1979 and already owns and operates one other air separation unit.
Wind Farm
WEC Energy Group to Acquire 85% Ownership in US Wind Farm
US-based WEC Energy has agreed to acquire an 85% stake in the 155MW Tatanka Ridge Wind Farm in South Dakota for $235m.
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