Last October, I published a piece on OilPrice where I discussed the drivers for the rapid expansion of upstream E&P merger activity that was being seen. Upstream M&A has continued since that […]
Iberdrola to invest €41bn to accelerate electrification
Iberdrola presented an updated strategy at its Capital Markets Day this week, where the Spanish energy giant announced plans to invest €41 billion ($44 billion) in grid upgrades and renewables worldwide. The […]
Aramco Boosts Dividends, But it Can Ill-Afford to Do So
It is not surprising that profits in 2023 at Saudi Arabia’s flagship company Saudi Aramco were lower than in 2022. After all, the average price per barrel of the Brent crude oil […]
EV Battery Prices Dropping A Lot This Year & Next
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! There’s something that’s often lost in discussions about tech adoption trends, and in particular when it […]
It is now cheaper to run a fully electric home and EV in NZ than to use fossil fuels
New Zealand is one of the first countries in the world to reach an electrification tipping point, as prices of $3a litre for petrol and high gas costs makes electric homes more […]
China Coal Output Falls for First Time since Government Ordered More
China’s output of thermal coal has fallen for the first time in years, adding to signs that Beijing’s long campaign to bolster energy security by digging more of the fuel may have […]
Indiana Utility Will Convert Remaining Coal Units to Burn Natural Gas
A major Indiana utility said it’s preparing to switch its remaining coal-fired power plant to burn natural gas. AES Indiana on March 12 said the two coal-burning units at its […] The […]
First Solar CEO warns senators of ‘collapse’ in solar cell, module pricing
Dive Brief: The U.S. solar industry and domestic manufacturing have been bolstered considerably by the Inflation Reduction Act, but “there is great risk that the largest beneficiary of the IRA’s solar energy […]
The Race for The Holy Grail of EV Batteries Heats Up
Researchers, top carmakers, and EV battery manufacturers have been looking to unlock the next game-changing technology to make safer and more durable batteries that can be recharged in minutes—solid-state batteries. Many […]
NuScale CEO touts data center deal, heavy industry SMR interest amid $180M loss for 2023
Dive Brief: On Thursday, NuScale Power reported fourth-quarter and full-year financial results for 2023. NuScale reported fourth-quarter revenues of $4.6 million, full-year revenues of $22.8 million and respective quarterly and annual net […]