• Cheaper renewable energy driving electricity costs down

    Rising demand for electricity has been met by more solar and wind generation, which is keeping a lid on prices and carbon emissions, the market operator says. Renewable energy generation drove down wholesale prices in the first three months of 2024 despite higher temperatures pushing up electricity demand, according to the Australian Energy Market Operator’s […]

  • Steady Energy taps TVO nuclear expertise

    Steady Energy - Finnish developer of the LDR-50 small modular reactor - has signed a collaboration agreement with TVO Nuclear Services related to the development of a nuclear heating plant, initially focusing on the planning of the nuclear facility's operation and safety.

  • Maserati reveals US-bound luxury electric convertible

    The Maserati GranTurismo Folgore is getting a convertible sibling that will create a new EV market niche in the U.S. Unveiled Monday, the Maserati GranCabrio Folgore is scheduled to arrive in the U.S. in the fourth quarter, as a 2025 model, with a price tag of more than $200,000 that will likely make it the first true luxury electric convertible

  • ‘Greece is redrawing energy map,’ says US ambassador

    US Ambassador to Greece George Tsunis emphasized the significance of Greece’s strategic partnership with the US at the 9th Delphi Economic Forum on Thursday. “Greece is NATO’s most southern flank,” Tsunis said, underlining its crucial role as an ally for the US. He highlighted Greece’s participation in the planned co-production of Constellation-class frigates as pivotal to bolstering NATO capabilities, positioning the country at the forefront of defense cooperation. Tsunis also praised...

  • Greenvolt Group Enters Romanian Renewable Energy Market

    Greenvolt Group, an international operator in the renewable energy market through multiple technologies, enters the Romanian market in the Distributed Generation segment. The decision to enter Romania, the 10th country in the Group’s expansion plan (Portugal, Spain, Italy, Greece, France, Poland, Irland, UK, Germany) at the European level on this segment, stems from an awareness […]

  • Biden’s Energy Policies Undermine US Environmental Leadership

    At the start of the year, President Joe Biden announced an indefinite ban on liquified natural gas exports (LNG) out of supposed concern for the Read More

  • NGCP, ECCP sign deal to advance renewable energy development

    In a landmark move toward fostering innovation and sustainability in the energy landscape of the country, the National Grid Corp. of the Philippines and the European Chamber of Commerce of the Philippines have inked an agreement to formalize their commitment to mutually advocate the utilization of renewable energy resources in the Philippines to increase the country’s power supply and energy generation.

  • BHP's energy coal fires up, axe swings over nickel jobs

    The axe remains suspended over 3300 BHP jobs as the mining giant warns of months before a decision on loss-making nickel operations, but NSW coal production is on the up. In an operational update issued on Thursday, BHP said it expected to decide on the longer-term future of Western Australian nickel operations by the annual […]

    • CNBC

    A shift to renewable energy is 'hopeless' without efficiencies, environmentalist says

    Explorer and environmentalist Bertrand Piccard estimates that three-quarters of the world's energy goes to waste.

  • Mahindra to invest nearly $150 million in renewable energy projects

    BENGALURU: Tech-to-tractor conglomerate Mahindra Group will invest 12 billion rupees (about $144 million) to set up solar and wind energy projects of 150 megawatt (MW) hybrid capacity in India, it said on Monday. The projects will be developed by the group's renewable energy unit Mahindra Susten with Ontario Teachers' Pension Plan Board, one of Canada's largest pension funds, as its strategic partner. Mahindra & Mahindra will also acquire a 26% stake in its solar power generating unit Gelos...

  • “Ban Chinese electric vehicles now,” demands US senator

    China's EV industry benefits from billions of dollars in government subsidies.

  • Origin Energy adds wind power, batteries for coal exit

    Origin Energy will buy one of the most advanced wind and energy storage projects in NSW to help plug the gap left by the planned closure of the country’s largest coal-fired power station. The electricity and gas company announced on Friday an agreement with Virya Energy to acquire its Yanco Delta Wind Farm, one of […]