The United States Department of Energy (DoE) has announced an allocation of $1.5 billion to support the construction of four new interregional transmission lines as part of the Transmission Facilitation Program (TFP). This initiative aims to modernize and expand the…
Construction has begun in Estonia on two energy storage facilities with a total capacity of 200 MW and 400 MWh. On Thursday, a symbolic groundbreaking ceremony took place for the project, which aims to support the region’s energy stability and…
The second quarter of 2024 proved to be a strong period for the energy storage market in the United States. According to a report published by the American Clean Power Association (ACP) and Wood Mackenzie, more than 3,000 MW of…
The Export-Import Bank of the United States (EXIM) has offered debt financing of $786 million to support two Australian companies in developing critical mineral supply chains, which are essential for the future of technology and sustainable energy. Support for American…
Chinese company CRRC has announced an ambitious plan to build the world’s most powerful wind turbine. The turbine will be installed in offshore systems, maximizing energy generation. One full rotation of the turbine’s rotor will produce up to 40 kWh…
The American startup Oklo is approaching the official start of construction for its first commercial nuclear microreactor. Jacob DeWitte, CEO of Oklo, confirmed in an interview with CNBC that his company has received approval from the Department of Energy to…
New Zealand, known for its ambitious environmental protection goals, has set itself the target of transitioning entirely to renewable energy by 2030. This is one of the boldest commitments globally, aimed at reducing CO2 emissions and relying on renewable energy…
In the city of Changzhi, in the Shanxi province of China, the largest energy storage system in the world using flywheels has been connected to the power grid. The project, operated by Shenzhen Energy Group, has a total installed capacity…
The Three Mile Island Nuclear Power Plant, located near Harrisburg and infamous for the partial meltdown of its reactor core on March 28, 1979, which led to the closure of Unit 2, is set to resume energy production. Constellation Energy…
Swedish company Niam and Estonian developer Evecon will implement projects with a total capacity of 84 MWp of solar energy and 26 MW of storage in 11 locations across Latvia. A Case of Energy Transformation in Latvia Swedish investment firm…