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Hydropower Plant
2024-07-05
N. Korea to Import Equipment for Hydropower Plants
Part of an import contract acquired by Daily NK for power generating equipment between the China-North Korea Hydroelectric Power Company and a Chinese exporter. (©Daily NK)North Korea plans to import large amounts of equipment needed for hydroele
Energy Storage Project
2024-07-05
Samsung SDI Clinches w1tr Energy Storage Deal with Top US Electric Utility
Samsung SDI showcased its upgraded Samsung Battery Box 1.5, a scalable energy storage solution designed for home or business applications, at Interbattery Europe 2024 in Germany last month. (Samsung SDI)Samsung SDI is set to supply energy storage solution
Net Zero
2024-07-05
World's First(1) Supply Chain Established for More Sustainable Polyester Fiber Based on CO2-Derived Material as Well as Renewable and Bio-Based Materials
TOKYO, July 4, 2024 - (JCN Newswire) - A consortium of seven companies across five countries has jointly established a supply chain for more sustainable polyester fiber. Instead of fossil materials, renewable and bio-based materials as well as materials p
Thermal Coal
2024-07-04
Exclusive: India Asks Utilities to Order $33 Billion in Equipment This Year to Boost Coal Power Output
A farmer sprinkles pesticide on the field as smoke rises from the chimneys of a coal power plant as the demand for coal-based power plants has risen due to the prolonged heatwave spells, in Dadri, India, June 20, 2024. REUTERS/ Priyanshu Singh/File Photo
Oil & Gas Trade
2024-07-04
Aramco, ADNOC Reportedly Weighing Bids for Australia's Santos, but Analysts Sceptical
Saudi Aramco logo is pictured at the oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/File Photo Purchase Licensing RightsSaudi Aramco (2223.SE), opens new tab and Abu Dhabi National Oil Company (ADNOC) have been separately co
SMR
2024-07-04
Korean city to study feasibility of i-SMR deployment
Korea Hydro & Nuclear Power (KHNP) has signed a memorandum of understanding with Daegu Metropolitan City for the construction of a small modular reactor power plant at a high-tech industrial complex near Daegu-Gyeongbuk New Airport.The signing of the
Offshore Wind Power
2024-07-04
Nordex Secures Orders for 245 MW of Wind Power From France and Türkiye at the End of June
As of the end of June 2024, Nordex Group received orders for 17 projects with a total capacity of 245 MW from its main markets, France and Turkey.The Nordex Group supplies 35 3 and 4 MW wind turbines for nine projects in France. In Türkiye, custo
Oil&Gas Drilling
2024-07-04
China's Sinopec Strikes Large Oil, Gas Flow at South China Sea Well
China's Sinopec Corp has struck a high flow of oil and gas in an offshore exploration well in the Beibu Gulf of the South China Sea, it said on Wednesday.The well, Hai-3, a rare slanted well with a drilling depth of 4,600 meters (2.86 miles), test
Electric Vehicle Battery
2024-07-03
Hyundai and LG Energy Open Indonesia's First Battery Cell Plant
Hyundai Motor Group and LG Energy Solution opened a $1.1 billion battery cell plant in Indonesia, a first for the country that’s pushing to become a hub for electric vehicle manufacturing.The factory in West Java province, announced in 2021, beg
Solar Power Plant
2024-07-03
Solar Farm Market Worth USD 449.3 Billion by 2030 Says MSG Group
The global solar farm market size was USD 88.4 billion in 2021 and is estimated to reach USD 449.3 billion by 2030, growing at a CAGR of 19.8% during the forecast period (2022-2030). The adoption of renewable electricity generation methods and a focus on
Hydropower Plant
2024-07-03
Deputy Prime Minister of Malaysia Meets With IHA to Advance Nation's Sustainable Energy Goals
The Deputy Prime Minister of Malaysia, Dato Sri Haji Fadillah Haji Yusof, has met with the International Hydropower Association (IHA) in London to discuss the country’s future plans regarding hydropower and renewable energy development.The Malay
Nuclear Power Plant (NPP)
2024-07-03
Turkey, US in Talks on Nuclear Plant Projects, Turkish Official Says
The Turkish flag flies at the Embassy of Turkey in Washington, U.S., August 6, 2018. REUTERS/Brian Snyder/File Photo Purchase Licensing RightsTurkey is holding talks with the United States on the construction of large-scale nuclear power plants and small
COP29
2024-07-03
Azerbaijan to Upgrade Climate Target Before COP29 Summit
A general view shows an embankment of the Caspian Sea in Baku, Azerbaijan June 14, 2021. Picture taken through the window. REUTERS/Valentyn Ogirenko/File Photo Purchase Licensing RightsAzerbaijan, host of this year's United Nations COP29 climate s
Gas turbine engine
2024-07-02
GE Vernova Rolls Out First H-Class Gas Turbine in Saudi Arabia
In the presence of Prince Abdulaziz bin Salman, Minister of Energy, GE Vernova Inc. announced the successful rollout of the first H-class gas turbine unit completed at the GE Saudi Advanced Turbines (GESAT) facility in Dammam. Image courtesy: GE VernovaIn
Energy Investment
2024-07-02
China-Kazakhstan Economic Cooperation Paving Way for Next Golden Thirty Years
Chinese President Xi Jinping pays another visit to Kazakhstan on July 2-4 to attend the Shanghai Cooperation Organization Summit, providing new impetus for the development of bilateral relations.Since the establishment of diplomatic ties in 1992, China-Ka
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China's Investment into BRI Countries Expands in Jan.-May
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Heads of State From Bahrain, Egypt, Tunisia and the Uae to Visit China
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Renewed Focus On Energy Security Prompts Nearly $2 Trillion Investment in Clean Energy Since 2020, Iea Finds
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Gazprom Greenlights $15 Billion Investment Plan to Bolster Gas Production Capacity
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BHI Provides Brightnight With US$25 Million in Financing
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Toyo Invests In Japan’s Offshore Renewable Sector