News

After General Motors announced sales results and its new electric vehicle strategy, its stock price soared and even broke a record high, but looking closely at the numbers, some people are confused why the stock moved at all.   ...  more

Battery startup ONE has released its latest test results. A Tesla Model S with a modified battery has performed remarkably by logging more than 1,200 kilometers in a single trip. ...  more

Yet another large-scale offshore wind farm is readying its grid connection. According to Germany-based RWE, wind turbine calibration has wrapped up for the Triton Knoll offshore wind farm, which has an estimated 857 MW in total capacity and is expected to kick off commercial operation in 1Q22. ...  more

EDF (Électricité de France) recently announced that one of France’s new-generation nuclear power plants experienced severe difficulties in construction owing to the COVID-19 pandemic. The project will be over budget and behind schedule. While the project was expected to wrap up by late-2022, a delay to 2Q23 seems inevitable, with an increase of total cost up to €12.7 billion, to boot. ...  more

More good news from China's nuclear fusion device "Artificial Sun." the Experimental Advanced Superconducting Tokamak (EAST) in Hefei, Anhui Province successfully maintained a temperature of 70 million degrees Celsius for 17 minutes. ...  more

Multinational PV project developer ReneSola Power will sell two ground-mounted PV installations in Spain with a total peak generation capacity of 12MW to Aream Group (aream), a renewable energy investment company based in Germany. ...  more

The Ministry of Economic Affairs (MOEA) has completed its 2022 renewable energy bulk purchase rate review and announced today (1/28), in comparison with the draft, the solar bulk purchase rate has been restored to two phases per year, and additional rates such as power grids and UHV have been enhanced. ...  more

Australian news outlets and renewable energy news websites have reported that Woodside Energy (also known as Woodside Petroleum) submitted a proposal to the Western Australian Environmental Protection Authority (WAEPA) for a PV-plus-storage project. ...  more

Brent crude, for the first time, surpassed US$90 in futures on Wednesday (26th), and arrived at the highest level since 2014, due to the exacerbated tension between Russia and Ukraine, together with the persistently confined supply. ...  more