News & Press Releases
News & Press Releases
Lagging Energy Transition Accelerates Oil And Gas Prospects
During the Energy Asia conference in Kuala Lumpur, industry leaders stressed that oil and gas would remain the primary sources of energy for many years due to the sluggish energy transition. Estimates indicate that an annual investment of $4...
News & Press Releases
Battery Storage Key To Wind And Solar Power Growth In China
China's battery storage sector is experiencing a significant surge in growth, fueled by the country's rapid expansion of wind and solar power installations. As China leads global investments in renewable energy, battery storage plays a vital role in integrating...
News & Press Releases
UK National Grid Operator Rules Out Coal Power For Winter
The UK's national grid operator has made it clear that the country will not rely on coal-fired power generation, even if it becomes necessary during the upcoming winter. On June 28, the National Grid Electricity Systems Operator (ESO) issued...
News & Press Releases
Investment Grants To Back Solar Manufacturing In Germany
In one of the recent energy developments in Europe, the German Economy Ministry is all set to offer financial aid to companies that are planning to come up with solar manufacturing units in the endeavour to build an overall...
News & Press Releases
Indian Energy Transition Gets $1.5 Billion Nod By World Bank
In a recent development, the World Bank board of executive directors has given the go-ahead to $1.5 billion in funding to speed up low-carbon energy development in India.
A statement rolled out by the World Bank said that the funding...
News & Press Releases
Sustainable Aviation Fuel Requires Government Intervention
The International Air Transport Association, IATA, has announced its anticipation for the entire renewable fuel production so as to reach an estimated probability of at least 69 billion litres, i.e., 55 million tonnes by 2028. Apparently, sustainable aviation fuels...
News & Press Releases
Qatar – China Into Another LNG Supply Deal In Less Than A Year
On June 20, Qatar went on to secure a large gas supply deal, a second one with a state- controlled company from China, and that too in less than a year's time, thereby putting Asia well ahead when it...
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