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Saudi Aramco Targets Sale of 0.5% of Oil Firm to Retail Investors in IPO
Saudi Aramco is looking to sell up to 0.5% of the state oil giant to retail investors in its planned initial public offering (IPO), three sources familiar with …
Nuclear Technology
UK Research and Innovation to Fund Compact Nuclear Power Station
UK Research and Innovation has announced that it has provided initial match funding of £18m for a consortium of companies including BAM Nuttal, Nuclear AMRC an…
Electricity Transmission
ADB Approves Loan for Bangladesh Power Transmission Expansion Project
The Asian Development Bank (ADB) has approved a loan of €271.84m ($300m) for the Dhaka and Western Zone Transmission Grid Expansion project in Bangladesh.
Nuclear Fuel
Iran Able to Enrich Uranium up to 60%, Says Atomic Energy Agency Spokesman
Iran has the capacity to enrich uranium up to 60%, a spokesman for the Atomic Energy Organisation of Iran (AEOI) said on Saturday, far more than is required fo…
Oil&Gas Drilling
Iran’s president: New oil field found with over 50B barrels
Iran has discovered a new oil field containing 53 billion barrels of crude, President Hassan Rouhani said Sunday, a find that would increase Iran's proven reser…
Oil & Gas Trade
Saudi Aramco's Record IPO to Launch November 17
Saudi Aramco will allow investors to start bidding for shares in the world’s most-profitable company from Nov. 17. It left potential buyers in the dark about t…
Market Analysis
Enercon Sends up Distress Flare as Germany's Wind Market Collapses
Enercon has stopped placing orders with key production partners and launched a "transformation programme" to return the company to profitability as the German o…
Carbon Neutral
700 Megawatt Green Hydrogen Plant to Provide Carbon Neutral Aviation Fuel
If all goes according to plan, by 2030, a 700 megawatt (MW) green hydrogen plant powered by offshore wind energy, could generate carbon-neutral aviation fuel in…
Solar Company
JinkoSolar Proceeds with New 5-GW Mono Wafer Expansion in China
Chinese solar module maker JinkoSolar Holding Co Ltd (NYSE:JKS) today announced a 5-GW expansion of the high-efficiency mono wafer production capacity at its fa…
Energy Investment
US DoE Announces Recipients of $128 Million in Solar Innovation Funding
Through the Office of Energy Efficiency and Renewable Energy’s Solar Energy Technologies Office, the DoE will fund 75 innovative research projects that will lo…
Coal Trade
India's Coal Consumption Plunges by 12,500GW in End-October
The growth of coal-fired power in India has ground to a halt for the first 10 months of 2019 and for the 12 months ending October as consumption in the sector t…
Nuclear Power Plant
UK Research And Innovation to Fund Compact Nuclear Power Station
UK Research and Innovation (UKRI) has announced that it has provided initial match funding of £18m for a consortium of companies including BAM Nuttal, Nuclear …
Gas Turbine
GE & ENMAX to Implement Canada’s First Hybrid Electric Gas Turbine
GE Renewable Energy and ENMAX have announced that they have reached an agreement to upgrade an existing LM6000 Gas Turbine (GT) at ENMAX’s Crossfield Energy C…
Power Construction
McDonald’s, Apex & Ares Sign Virtual Renewables PPA
McDonald’s, Apex Clean Energy, and Ares Management Corporation’s Infrastructure and Power strategy, have announced a 220 MW virtual renewable power purchase a…
Distributed energy
Distributed Energy Storage to Grow 20-fold by 2028 Says Study
Navigant Research has released a new report providing market forecasts for newly installed distributed energy storage systems (DESSs) in terms of power capacity…
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