The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) has recently announced an $8.8 million funding initiative for 11 university-based research and development projects aimed at improving the performance of hydrogen-fueled turbines. This substantial investment
The Biden administration's Inflation Reduction Act (IRA) is unequivocally reshaping the green energy landscape in the United States. With nearly $400 billion in federal funding aimed directly at enhancing clean energy technologies, this landmark legislation has served as a catalyst for significant
Zambia is bracing for an extended electricity crisis as the nation grapples with a severe drought that has drastically reduced the water levels in its hydropower dams. The drought, declared a national disaster in February, has left the country's primary source of electricity—hydropower—in a
Romanian hydropower company Hidroelectrica, listed on the Bucharest Stock Exchange as ##O, has re-opened the tender for the refurbishment and upgrade of its Bradisor Hydropower Plant. Initially, the refurbishment project, budgeted at about EUR 75 million, failed to attract any bids, prompting
New Zealand is grappling with a significant electricity supply crisis, influenced by a complex mix of factors impacting both supply and demand. Prolonged dry weather spells and falling gas reserves have combined to push wholesale electricity prices through the roof. This crisis is already hitting
The recent collaboration between Kolon Global and Hana Bank marks a significant advancement in the development of wind power in South Korea. Kolon Global has signed an agreement with Hana Bank, Hana Alternative Asset Management, and MDM Asset Management to push forward a series of wind power
