News & Press Releases
News & Press Releases
DOE Coal FIRST Initiative invests $80M in net-zero carbon electricity and hydrogen plants
The US Department of Energy’s (DOE) Office of Fossil Energy (FE) has selected four projects for cost-shared research and development under the funding opportunity announcement (FOA), DE-FOA-0002180, Design Development and System Integration Design Studies for Coal FIRST Concepts. When...
News & Press Releases
Korea Western Power Develops New ESS-linked Hybrid Power Generation Technology
Korea Western Power and Doosan Heavy Industries & Construction announced on Nov. 3 that they have jointly developed the world's first hybrid power generation technology linked to an energy storage system (ESS).
They developed the ESS-linked hybrid power generation technology...
News & Press Releases
Russia to finance and build 1.4GW power station in southern Iran
Russia has signed a new agreement with Iran, worth €1.4bn, to build a 1.4GW thermal power plant near the Strait of Hormuz, restarting a project that was first agreed in 2016.
Behnam Khaefinejad, Iran’s commissioner of steam power plant projects,...
News & Press Releases
Toshiba aims to launch virtual power plants across Japan in 2022
Toshiba will, as early as 2022, enter the virtual power plant business -- a means of managing renewable energy facilities and operating them like a single large power plant.
The move comes as Japan plans to shift from its current...
News & Press Releases
Belarus Launches Nuclear Power Plant Despite Safety Issues
Belarus has begun operating its first nuclear power plant despite strong objections from Lithuania, which immediately cut off electricity imports from its neighbor.
Unit 1 of the plant near the town of Astravets in Belarus’s western Hrodna region "was connected...
News & Press Releases
PowerChina, WindFarm unveil 800-MW wind project in Ukraine
Chinese energy construction firm PowerChina has joined hands with Ukrainian developer WindFarm to build an 800-MW wind farm in Ukraine without using any state subsidies.
The parties have signed a joint implementation agreement last week, pledging to invest more than...
News & Press Releases
Germanys RWE aims to offer hedging products for Japan power companies
RWE Supply & Trading, a unit of Germany's biggest electricity producer RWE, plans to offer structured products as hedging tools for Japanese power sellers and buyers, leveraging their know-how from European markets, a senior executive said.
RWE is hoping to...
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