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Oil Price
Italy Expects to Raise $4.2 Billion From Windfall Tax and Power Price Cap
The Italian government expects to raise around $4.2 billion (4 billion euros) from a new windfall tax on energy companies and a price cap on the electricity pro…
India
Amazon, Vibrant Energy to Develop 300MW Renewable Projects in India
Once completed, it is expected to produce 1.163 million MWh of clean energy.
Energy Storage Battery
Major Energy Players Seal Big Deals for Renewables
The world’s oil and gas majors, along with some of the largest utility companies, continue to invest in renewable energy as they develop diversified power gene…
Energy Storage Battery
China May Need 4,300GW Storage Capacity by 2050: Report
This is to help back up renewables’ intermittency.
China
China’s Renewables Could Grow up to 6,000GW by 2050
Power demand is projected to reach 13,600TWh by 2050.
Energy Transition
Sustainable, Low-Cost Hydrogen - a Revolutionary Step in the Energy Transition
Governments and corporations are under increasing pressure to adopt large-scale renewable energy sources and meet current climate goals to help mitigate the eff…
Energy Storage System
ADB Launches Grid-Connected Hybrid Renewable Energy in Mongolia
The Asian Development Bank (ADB) has launched a hybrid renewable energy system in Mongolia.
Electric Car
UK Approves $26.6 Billion Power Grid Investment to Expand Renewable Capacity
Six electricity distribution network companies, covering fourteen local networks in the UK, will have $26.6 billion (£22.2 billion) to invest by 2028 to make t…
Carbon Emissions
Rio Tinto to Invest $600 Mln More in Renewable Energy Assets
Rio Tinto Ltd plans to invest a further $600 million in renewable energy assets in the iron ore-rich Pilbara region of Western Australia, the miner said on Wedn…
Pumped Storage
Australian Firms Enter JV for 4.5GW Storage Development in Victoria
It will be integrated with new renewable generation and green hydrogen production.
Energy Storage Battery
Rolls-Royce to Supply 30MW Battery Solution to Balance Dutch Grid
A large-scale battery storage system from Rolls-Royce – touted to be the largest in the Netherlands – is the latest to help the Dutch grid manage its overflow…
Offshore Wind Power
Scottish Offshore Wind Farm to Power Google
Google has signed a power purchase agreement (PPA) to purchase renewable electricity from a Scottish offshore wind farm.
China
China’s Solar and Wind Power Capacity Continues to Expand
China’s installed capacity of renewable energy has sustained growth momentum since the beginning of this year amid the country’s pursuit of green development.…
Hydropower Plant
Two Major UK Renewable Energy Projects Delayed Due to Red Tape
Britain’s economy has been affected by Russia’s curtailment of gas exports
Hydrogen Production
What Are the Future Prospects of the Green Hydrogen Market?
Hydrogen’s vast reserves make it an attractive option amid increased demand for renewables to meet its stated decarbonization targets.
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