Energy
NIS and Betec Sign a Co-Operation Agreement on Developing Geothermal Energy in Serbia
NIS a Serbian energy company and Betec a geothermal development firm in Belgrade have signed a Co-Operation Agreement on developing Geothermal energy in Serbia. The companies will jointly develop geothermal active areas in northern Serbia by drilling new production wells…
IRENA’s 12th Council Meeting Begins in Abu Dhabi
More than 300 high-level government representatives from 100 countries – the largest number ever represented at an IRENA Council meeting – gathered yesterday in Abu Dhabi to attend the 12th Council of the International Renewable Energy Agency (IRENA). At the…
$75m Loan for Country’s Largest Wind Farm in Pakistan
The Asian Development Bank announced on Monday its approval of a $75 million loan to support the development of the largest wind farm in Pakistan. The deal with Triconboston Consulting Corporation (TBCC) is ADB’s third wind energy investment in Pakistan’s…
Stanford Engineers Set Record for Capturing and Storing Solar Energy in Hydrogen Fuel
Solar energy has the potential to provide abundant power, but only if scientists solve two key issues: storing the energy for use at all hours, particularly at night, and making the technology more cost effective. Now an interdisciplinary team at…
World’s Largest Thermal Solar Plant Could Be Coming To Nevada
While thermal solar power plants have had a bit of trouble catching on in the US, solar energy company SolarReserve is hoping to change that. The company recently announced it’s hoping to build a 2,000 megawatt facility in Nevada called…
GE Secures over $900 Million Order for Latin America’s Largest Gas Power Plant
GE announced few days ago that it has secured a more than $900 million turnkey order with Centrais Elétricas de Sergipe S.A. (CELSE) for Brazil’s Porto de Sergipe combined-cycle power plant. With a generating capacity of 1,516 MW, the facility…
1st Meeting of the High-level Committee of the Algiers Accord – OPEC and Non-OPEC Oil Producing Countries
The OPEC High-level Committee, established by the Algiers Accord, met with non-OPEC oil producing countries on Saturday, 29 October, at OPEC headquarters in Vienna. It was preceded by the first High-Level Committee Meeting, held Friday, 28 October, among OPEC Member…