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Construction of Egypt's first nuclear power plant under way
The first safety-related concrete has been poured for the nuclear island of unit 1 of the El Dabaa nuclear power plant in Egypt. It marks the official start of construction of the first of four Russian-supplied VVER-1200 reactors at the site on the country's Mediterranean coast.
read more... 21/07/2022
China greentech company Envision to build EV battery plant in Spain
Spain has signed a partnership agreement with Chinese green energy company Envision Group to embark on four projects, including a battery plant for electric cars, with 3.8 billion euros ($3.9 billion) in total investment, partly funded by European Union aid.
read more... 21/07/2022
Daily (20.07.2022): The global benchmarks reached a two-week high on Tuesday on fears of supply shortage
The global benchmarks Brent and WTI reached a two-week high on Tuesday in a choppy trading as investors are worried about a shortage of supply and a declining dollar. Thus, Brent crude ended 1% higher at $107.35 a barrel, while WTI rose by 1.6% to settle at $104.22 a barrel.
read more... 20/07/2022
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Serbia to build 1bn m³ gas storage facility in 2023
Serbia plans to build a 1bn m³ gas storage facility in Itebej next year, Serbian minister for mining and energy Zorana Mihajlovic said.
read more... 20/07/2022
Iberdrola opens 1.1GW hydroelectric storage project in Portugal
Spanish energy utility Iberdrola has officially opened the Tâmega Gigabattery hydroelectric storage project in Portugal.
read more... 20/07/2022