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Companies’ addiction to junk carbon offsets is killing the planet

A new study from Kyoto University highlights significant issues in the carbon offset market, pointing to major companies such as Shell, Delta Air Lines, and Chevron, which have been purchasing low-quality offsets. From 2020 to 2023, the 20 largest...

Pakistan considers reducing solar PV incentives amid rapid adoption

Pakistan is re-evaluating its incentives for rooftop solar photovoltaic (PV) systems due to concerns about grid reliability and increased capacity payments. The proposed changes include lowering buyback rates, limiting system sizes, and shifting from...

Italian researchers develop novel method to recover silver from end-of-life solar cells

Researchers from Italy’s University of Camerino have developed a new method to recover silver from end-of-life solar cells, achieving an impressive recovery efficiency of 98%. This novel approach combines hydrometallurgical and electrochemical...

EDF Renewables wins bid to build Israel’s largest solar plant at record low price

EDF Renewables, a subsidiary of the French energy giant EDF, has secured a contract from the Israeli government to build and operate the country’s largest solar plant. The 300 MW project will be constructed near the southern city of Dimona in the...

GE Vernova launches GRiDEA portfolio to decarbonize power transmission

Grid Solutions, a GE Vernova business, has introduced the GRiDEA portfolio, a comprehensive suite of solutions designed to decarbonize the electrical grid and support the transition to sustainable energy. Unveiled at the CIGRE event in Paris, this...

Yunneng Wind Power completes foundation installation at 640MW Yunlin offshore wind project

Yunneng Wind Power, a subsidiary of Skyborn Renewables, has successfully installed all 80 foundations at the 640 MW Yunlin offshore wind project in Taiwan, marking a significant milestone toward the project’s full completion by the end of 2024...

Aslan Energy, PT Calypte Sugi to develop 2 GW solar power hub on Sugi Island

Singapore’s Aslan Energy Capital (AEC) and Indonesia’s PT Calypte Sugi Power have signed an agreement to develop a major power generation hub on Sugi Island in Indonesia’s Riau Islands Province. This partnership aims to establish large-scale...

Norway’s Norges Bank commits €900 million to Copenhagen Infrastructure Partners’ renewable energy fund

Norway’s Norges Bank Investment Management has pledged €900 million ($1.004 billion) to Copenhagen Infrastructure Partners’ (CIP) renewable energy fund, CI V. This fund will focus on developing renewable energy projects, including wind and solar...

Mitsubishi Power to supply hydrogen-ready gas turbine for Saudi Arabia’s industrial co-generation plant

Mitsubishi Power, a subsidiary of Mitsubishi Heavy Industries, has secured an order from Samsung C&T Corporation Saudi Arabia to supply its M501JAC combined-cycle gas turbine (CCGT), which is hydrogen-ready, for a new industrial steam and...

SK Innovation and SK E&S merge to form largest private energy company in Asia-Pacific

SK Innovation and SK E&S, two subsidiaries of the Korean conglomerate SK Group, have agreed to merge, creating the largest private energy company in the Asia-Pacific region. This strategic move by SK Group aims to establish a solid foundation for...

TenneT and GIGA Storage sign landmark grid connection agreement in the Netherlands

Dutch state-owned transmission system operator TenneT has signed a groundbreaking time-bound connection and transmission agreement with GIGA Storage, marking the first agreement of its kind in the Netherlands. This contract sets a precedent for...

Energiekontor secures permits for 116 MW wind park projects in Germany

German solar and wind park developer Energiekontor has obtained building permits for three wind park projects in Lower Saxony, Germany, with a combined generation capacity of approximately 116MW. Construction on these projects is set to begin shortly...

Poland commits $1.2 billion to kickstart first nuclear power plant project

Poland has allocated 4.6 billion zloty ($1.2 billion) from its 2025 budget to begin developing the country’s first nuclear power plant, aiming to diversify its energy mix and lower electricity costs.   The initial funding marks the largest...

KEPCO announces compensation details for East-5 section of 500 kV HVDC East Coast─Singapyeong transmission line

South Korea’s Korea Electric Power Corporation (KEPCO) has outlined the compensation agreement for the East-5 section of its 500 kV HVDC East Coast─Singapyeong transmission line. This major project will enable the evacuation of 6.8 GW of power from...

Singapore looks to Australia and Malaysia for renewable energy to meet rising demand

As energy demand continues to surge, driven largely by data centres, Singapore is turning to Australia’s deserts and Malaysia’s rainforests for clean energy solutions. This week, Australia announced a massive solar farm aiming to deliver up to 2 GW...

Real-world vehicle emissions higher than lab tests; CNG not as clean as believed

A study by The Real Urban Emissions (TRUE) Initiative, using remote sensing technology in Delhi and Gurugram, has revealed that real-world vehicle emissions are much higher than laboratory tests indicate. Conducted with the International Council on...

Equinor cancels plans for Vietnam offshore wind investments amid regulatory delays

Norway’s state-controlled energy giant, Equinor, has cancelled its plans to invest in Vietnam’s offshore wind sector, marking a setback for the country’s green energy ambitions. Vietnam has attracted international interest due to...

Climate measures alone are not enough to cut emissions, study finds

A study published in the journal Science shows that stand-alone climate measures like taxes or subsidies are ineffective in significantly reducing greenhouse gas emissions. Analyzing 25 years of policies in 41 countries, the study found only 63 out...

Rendesco acquires ADP Group’s geothermal drilling operations

Rendesco has acquired ADP Group’s geothermal drilling operations following a successful fundraising earlier in 2024. This acquisition aims to reduce the costs of delivering renewable heat by integrating ADP’s drilling expertise with...

China’s first large-scale deep-water offshore solar project reaches operational readiness

China has energized the booster station for its first large-scale, pile-fixed deep-water offshore photovoltaic (PV) project, signalling the operational readiness of the CGN Yantai Zhaoyuan 400 MW floating solar project. Located in Laizhou Bay...

Recent Posts

ACWA Power signs agreement with Uzbekistan for 2 GWh battery storage projects

On November 16, 2024, ACWA Power signed a binding Implementation Agreement (IA) with Uzbekistan’s...

Power Sector News Roundup for November 21, 2024

Global: Amazon invests in Greece’s largest wind energy project with three wind farms. China tightens...

SEFE, Eletrobras, and EnerTech partner to supply green hydrogen to Germany

Securing Energy for Europe (SEFE), Eletrobras, and EnerTech have signed a Joint Study Agreement...

Voltalia and TAQA Arabia partner for Zafarana wind farm in Egypt

Voltalia and TAQA Arabia have signed a memorandum of understanding (MOU) with Egypt’s Ministry of...

Synera Renewable secures permit for Formosa 4 wind project in Taiwan

Synera Renewable Energy (SRE) has received an establishment permit from Taiwan’s Energy...

Fluor JV begins design phase for Cernavoda nuclear expansion in Romania

Fluor’s joint venture, including AtkinsRéalis, Sargent & Lundy, and Ansaldo Nucleare, has...

Trump names Chris Wright as energy secretary

President-elect Donald Trump has appointed Chris Wright, a veteran of the US energy sector and CEO...

Poseidon to deliver cable services for Greater Changhua wind farms in Taiwan

Poseidon Cables has secured a contract with NCT Offshore to provide cable pre-rigging and pull-in...

CBMM launches world’s largest niobium-based anode plant in Brazil

CBMM has inaugurated a state-of-the-art niobium-based anode production facility in Araxá, Brazil...

Masdar and SOCAR achieve financial close for 760MW solar projects in Azerbaijan

Masdar and SOCAR Green have achieved financial close for two solar projects in Azerbaijan: the 445MW...