Nv Energy Cuts Ribbon For $257M Battery Facility To Boost Solar Around Las Vegas | Energy | Business
NV Energy held a ribbon cutting ceremony for a $257 million battery facility that can stretch the use of solar power into the night and store energy for about 165,000 homes.
Mining Giant Bhp Bets On Copper With Megabid For Anglo American
JHVEPhoto / Getty Images BHP office building in Houston, Texas. KEY TAKEAWAYSMining giant BHP Group has offered to buy rival Anglo American for nearly $39 billion.The deal would be one of the largest transaction in the industry in years if it goes through.The all-share offer is contingent on Anglo American spinning off shareholdings in two South Africa-listed units, its platinum division and its iron ore one.
The Fastest Energy Change In History Still Underway – Pv Magazine International
In 2023, solar photovoltaics and wind comprised about 80% of global net generation capacity additions. Four times as much new solar and wind electricity generation capacity was installed in 2023 as compared with all other electricity sources combined.
Short-term Energy Outlook, April 2024 | Seeking Alpha
The EIA STEO was published recently. The estimate below is based on data from that report and statistics from the EIA International Energy Statistics. The EIA expects the 2018 peak for annual average World C+C output will be surpassed in 2025. This month, the EIA revised the 2022 global liquid fuels consumption data available in the International Energy Statistics, increasing the assessment of global oil consumption that year by nearly 0.8 million barrels per day (b/d) compared to last month's STEO.
Cheap Natural Gas Means Lower Electricity Prices Except In Texas
Texas charged consumers the highest electricity prices in the nation in 2023 despite producing the most and cheapest natural gas in the nation.
How It Started... How It's Going: Energy Prices Soar As Biden Pursues Green Agenda
Energy prices have increased more than a third — nearly 37% — since President Biden took office in January 2021 and began pursuit of a green energy agenda.
Engro Energy Sells Thermal Assets
Strategic sale to Liberty consortium streamlines capital allocation. :
Engro Energy Limited, a wholly owned subsidiary of Engro Corporation Limited, has entered into a Share Purchase Agreement with Liberty Power Holding (Pvt) Limited and a consortium for the sale of its thermal energy assets portfolio. The consortium comprises Liberty Mills Limited, Soorty Enterprises, and Procon Engineering through Master Group of Industries. The sale of thermal assets is part of Engro’s ongoing efforts to streamline and optimise capital and resource allocation.
Mitsubishi Invests In Eig's Lng Business
The investment was announced after MicOcean said it plans to supply Japan through newly acquired assets in key LNG exporter Australia.
Norway's Sovereign Wealth Fund Contemplates Rio Tinto Divestment - Rio Tinto (nyse:rio), Glencore (otc:glncy)
Norway's sovereign wealth fund may divest from Rio Tinto over alleged deforestation in Amazon. Its stake in Rio Tinto is worth $2.15B. read more.
South Africa's Energy Crisis Is Driving A 'solar Boom', But There's A Downside
[African Arguments] The privately-led quintupling of rooftop solar in 2 years takes some pressure off the grid but, without planning, risks deepening energy apartheid.