Bojan Stojkovski

Quaise Wants to Extract “Limitless” Energy From Ultra-Deep Wells

Innovation & Technology

Founded in 2020, US-based startup Quaise Energy is actively looking for investors to implement a project to generate geothermal energy through ultra-deep wells. To date, the startup has already managed to attract 63 million dollars. The essence of the idea is to combine traditional drilling methods using gyrotrons, robust linear-beam vacuum tubes with a power …

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The German government is looking for additional ways to save gas and fill underground gas storage (PHG), at the expense of more active use of coal power plants

Romania to Resume Coal-Fired Power Generation

Energy Transition

The Speaker of the Senate of Romania and leader of the National Liberal Party Florin Chitu said that Romania would reopen the energy complexes “Oltenia” and “Hunedoara” to resume electricity production from coal in the current energy crisis, local media reported. “The Prime Minister met yesterday with representatives of the Oltenia and Hunedoara energy complexes …

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Despite moderate capacity expansion in recent years, Italian Enel Green Power managed to achieve a new renewable energy production record in 2021.

Saudi Arabia Launches Two Major Green Energy Projects

Renewables

The Saudi Ministry of Energy announced it was launching two renewable energy projects, Al Rass and Saad, with a combined capacity of 1,000 megawatts, Reuters reported. These two projects are valued at approximately $665 million. The Saudi Power Purchasing Company (SPPC) has signed relevant project agreements, including power purchase agreements, with the winning Ar Rass …

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China Plans to Build World’s Largest Renewable Power Generation Park

Finance & Investment

The Chinese National Development and Reform Commission (NDRC) recently announced that Chinese authorities plan to build the world’s largest renewable power generation park in the Gobi Desert region. Thanks to solar and wind energy, the facility will offer an installed capacity of 450 GW. The project is a part of China’s plan to generate up …

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The stored energy is then utilized as heat in industrial operations that produce materials such as cement and steel, or it is transformed into electricity.

JA Solar Technology to Invest $1.6 Billion in New Energy Projects in China

Solar

The Chinese company JA Solar Technology plans to invest up to 10 billion yuan (about $1.6 billion) to expand its capacity to produce equipment for solar energy, Chinese media informed. This project involves increasing the production of solar panels and modules at enterprises in Qujing (southwestern Yunnan province) and the construction of new production facilities.  The …

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Three Gorges Corp. to add wind and solar power to capacity

Saudi Company ACWA Power to Implement Renewable Projects in Egypt

Finance & Investment

The Egyptian Electricity Transmission Company (EETC) will sign an agreement to build a 1,100-megawatt wind farm with Saudi Arabia’s ACWA Power, Arab News reported. EETC sources said the project is worth more than $1.2 billion and will be implemented in phases. According to sources, EETC will pay 2.85 cents per kilowatt hour. The initiative will operate …

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Serbia, EU Discuss Energy Security and Diversification

Energy Transition

Serbian Minister of Mining and Energy of Serbia, Zorana Mihajlovic, and the head of the European Union Delegation to Serbia, Emanuele Giaufret, recently discussed energy security and gas diversification, local media reported. “This is a challenging time for all of us. We need to continue working to improve Serbia’s energy security, especially in the gas …

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China is the leader both in terms of existing low-carbon energy capacity and the future of hydropower in terms of its annual commissioning.

Stanford Scientists Develop Method for Extracting Sulfur From Wastewater

Innovation & Technology

Stanford University scientists have learned how to purify water and get functional materials from sewers. To do this, they identified the main chemical barriers to sulfur recovery, Stanford News reported. The scientists focused on improving the efficiency of electrochemical sulfur oxidation, which requires less energy and is easy to control. If the process can be …

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