Renewable Energy
EIA forecasts sharp oil price drop in 2025 as supply growth outpaces demand
The U.S. Energy Information Administration (EIA) projects a sharp decline in global oil prices in late 2025, driven by an acceleration in supply growth...
Renewable Energy
US energy exports hit Record 31 Quads in 2024 as renewables surge and LNG gains low-carbon edge
In 2024, the United States reached record energy output of 103 quadrillion British thermal units (quads) of primary energy, exporting a historic 31 quads,...
Renewable Energy
Orsted boosts H1 2025 revenue and renewable capacity with major offshore and onshore project milestones
Orsted has reported revenue of DKK 37.8 billion in H1 2025, up 11 percent from DKK 34.2 billion in H1 2024, mainly driven by...
Renewable Energy
Vietnam accelerates renewable energy growth with 112 GW target by 2035 amid shift from coal and hydropower
Vietnam currently generates a large share of its electricity from coal- and gas-based thermal power plants, along with extensive use of hydropower.
However, due to...
Renewable Energy
Malaysia accelerates renewable energy growth to achieve 40% capacity by 2035
Malaysia is intensifying its shift towards renewable energy as part of efforts to reduce dependence on fossil fuels and build a more sustainable power...
Renewable Energy
Battery storage becomes bankable: India’s power market spurs BESS investment boom
India's battery energy storage sector reached a major milestone in 2024, with battery storage systems operating solely in power exchanges turning profitable for the...
Renewable Energy
BP’s Brazil oil discovery marks strategic shift away from renewables
BP has announced its largest oil and gas discovery in a quarter century at the Bumerangue block in Brazil’s Santos Basin — a breakthrough...
Renewable Energy
U.S. renewable energy projects stalled amid subsidy cuts and policy uncertainty
The proposed policy changes by the President Donald Trump administration are forcing several solar and wind companies to alter their investment plans in the...