New Zealand's energy crisis underscores the complexities of balancing traditional and renewable energy sources, as the nation reverses its 2018 ban on offshore oil and gas exploration. The pivot reflects the urgency felt by Prime Minister Christopher Luxon's right-of-center government to
JSW Neo Energy Limited, a subsidiary of JSW Energy Limited, has recently made headlines by securing a 300-megawatt (MW) wind-solar hybrid power project from NTPC Limited. This significant win comes following a rigorous competitive bidding process under NTPC's NTPC-Tranche-VI initiative for
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
Shanghai Electric Wind Power Group, a subsidiary of the Shanghai Electric Group, has made significant strides in the Asian offshore wind market with the introduction of two state-of-the-art Offshore Service and Operations Vessels (SOVs). Named Zhizhen 100 and Zhicheng 60, these vessels are set to
In recent years, the transition to clean energy has become more critical than ever, with environmental concerns and the urgency to combat climate change driving significant investments in renewable energy sources. One such investment is Ørsted's substantial $4 million commitment to
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
