Siemens to build & commission black-start system project in California
Siemens Energy, a renewable energy firm, has recently announced plans to build, design, and commission a black-start system at Marsh Landing Generating Station of Clearway in California. The project h....
Ovo Energy to roll out EV charging tariff at half the usual price
Ovo Energy has reportedly announced the roll-out of an EV charging tariff at half of the customary price. Through this move, the company intends to compete with the usual off-peak rates even when the ....
Renewables exceed fossil fuels in the electricity mix across the EU
For the first time in 2020, renewable sources have surpassed fossil fuels as the chief source of electricity of the European Union. This escalation has been reportedly witnessed in the light of the sh....
UK, Japan sign a £12M deal to automate nuclear decommissioning
The United Kingdom and Japan have reportedly entered into a research and technology deployment agreement for supporting the automation of numerous aspects of fusion energy production and nuclear decom....
StoreDot, Eve Energy launch car batteries with 5 min charging time
Israeli lithium-ion battery company, StoreDot, has reportedly developed electric car batteries that can be completely charged within five minutes. Produced by China-based storage battery manufacturing....
Tokyo Tech, Mitsubishi create blockchain tech for P2P energy trading
The Tokyo Institute of Technology and Mitsubishi Electric Corporation has jointly created an innovative blockchain technology for the optimization of P2P (peer-to-peer) energy trading. The technology ....
Total-Iberdrola join forces to submit bid for Thor windfarm project
Total, a broad energy company, has reportedly joined hands with the world’s largest wind power generator, Iberdrola. The deal has been initiated with an objective to develop an offshore wind far....
Globeleq buys majority stake in Nigerian power business CPGNL Limited
Leading African power generation company, Globeleq, has reportedly announced its acquisition of a majority stake of 74 per cent in Nigeria-based power company, CPGNL Limited. Following the takeover, t....
Global economy to enter a commodity supercycle amid plans for green IR
As regulators worldwide are planning to deploy a green industrial revolution to boost economic growth following the COVID-19 pandemic, the global economy is reportedly expected to go in for a new comm....