Dubai Awards $3.9 Billion Solar Energy Contract to Shanghai Electric, ACWA Power
Dubai’s state energy utility awarded a $3.9 billion contract to build and run a 700 megawatt solar power plant to a consortium comprising Shanghai Electric and Saudi Arabia’s ACWA Power, the government said on Saturday. The project will feature a…
Geothermal energy: Why hasn’t it caught on yet?
Despite being one of the lowest-cost and most reliable renewable energy sources, harnessing heat from the Earth almost doesn’t happen outside Iceland. But leaders meeting in Italy this week are trying to change that. One of the most famous tourist…
Saudi Arabia plans to launch nuclear power tender next month
Saudi Arabia is expected to launch a tender process for its first nuclear reactors as early as next month and will reach out to potential vendors from countries including South Korea, France and China, industry sources said. The world’s top…
First Look: Tesla Just Unveiled Their Supercharger Stations Made for Cities
Tesla is making moves to bring more electric cars into cities by launching a network of new, slimmer Superchargers in urban centers. An announcement from Tesla reveals: “…as part of our commitment to make Tesla ownership easy for everyone, including…
Report: Closing Coal Plants Would Save US $10bn a Year
Energy consumers in the US could be paying an extra $10bn a year by 2021 to prop up ageing coal power plants, according to a new study which argues cheap gas and renewable energy will soon undercut the cost of…
Here’s the First Look at Mercedes’ New $2.7 Million Hypercar (Photo)
On Monday, Mercedes-AMG unveiled its long-awaited Project One hybrid hypercar concept ahead of the 2017 Frankfurt Motor Show. The Project One is packed with technology from the company’s back to back to back World Championship-winning Formula One team. “Motorsport is…
Delphis Unveils World’s First Packaging Made Entirely from Recycled Plastic
A British cleaning products firm, Delphis Eco, has this week revealed what it claims to be the world’s first plastic packaging made entirely from post-consumer recycled (PCR) plastic. The new recycled bottle, which the company is touting as a “long-awaited…