Renewable Energy

Element Energy raises $28 mn in VC financing

Element Energy, a battery management technology company, has raised $28 million in a Series B VC financing. The round is co-led by one of the largest clean...

Coal use to rise 1.2% in 2022, surpassing 8 bn tons: IEA

Global coal use is set to rise by 1.2 percent in 2022, surpassing 8 billion tonnes in a single year for the first time,...

Status of LNG projects in Asia

Liquefied natural gas (LNG) projects totaling 442 million tonnes per annum (mtpa) of new import capacity are at various stages of development in Asia,...

Shell buys solar energy projects in Spain from GTC

Shell New Energies Holding Europe announced  the acquisition of Green Tie Capital’s (GTC) platform of ten medium mature solar energy projects across Spain, with...

India’s NTPC crosses 1GW capacity in renewable energy

India’s NTPC announced it crossed 1GW annual capacity in renewable energy (RE) segment by adding 1074.59 MW RE capacity in FY23 taking the total NTPC...

How European Union can reduce shortfall in natural gas

The European Union faces a potential shortfall of almost 30 billion cubic meters of natural gas in 2023, the IEA says in a new report released...

US power utilities to triple battery storage capacity: EIA

Power utilities in the United States could triple their battery storage capacity in the three years, as new projects grow bigger while wind and...

HIF selects Bechtel, Siemens Energy, Topsoe for Matagorda eFuels facility

HIF USA has selected Bechtel Energy, Siemens Energy, and Topsoe to conduct the front-end engineering and design (FEED) of a facility to be constructed in Matagorda County,...