Global Renewable Energy Capacity Continues to Rise

The global renewable energy generation capacity increased by 167 gigawatt (GW) to reach 2,179 GW by the end of 2017, representing an average yearly growth of around 8.3% for seven straight years, according to...

New Marine Fuel Rules To Spur Green Shipping With LNG

Strict new regulations on shipping fuel are driving shipowners to utilize liquefied natural gas (LNG) as a greener option, and ports such as Gibraltar are preparing to launch upgraded refueling facilities in response to...

Oil Giant BP Taps Into Electric Car Charging Market

The global oil magnet British Petroleum (BP) has bought Chargemaster, the country's biggest electric car charging operator, signaling the energy major’s concern about the impact of low-carbon vehicles on its core business, as well...

EU Set to Scrap Punitive Measures For Chinese Solar Panels

The European Union was preparing to scrap import controls on Chinese solar panels and cells in September when the current protective measures expire, Reuters reported on August 24. The European Commission, which is responsible for...

Electric Trucks may Lead China’s EV Market in the Future

With the continuous growth of its cruising range, the green energy conservation and environmental protection policies advocated by the state, electric vehicles (EV)  have become the development trend of the vehicle industry in the...

Electric Vehicles Begin to Hit the Traditional Oil Market

OPEC has suggested that the advent of electric vehicles will have a huge impact on oil demand, and now it is beginning to show. Data from IHS Markit also confirm this point. With the...

Europe Becomes the Second Largest Electric Vehicles Market with More Than 1 Million Sales

According to new industry figures, there are now more than one million electric vehicles (EV) in Europe after a surge in sales across the region. Although Europe has reached this milestone goal nearly a year...

Renewable Energy Price is Predicted to Fall in the Near Future

Renewable energy is widely used in various industries to protect the environment and save cost. The price of such energy has influenced the market trend and people’s daily life. According to a recent report,...

U.S. to See More Energy Exports Than Imports in 2020

The United States is on the way to become a net energy exporter in 2020 in view of its rising crude oil output and weakening domestic demand for petroleum products, the U.S. Energy Information...

New Energy Vehicles Outperform Other Segments

In the wake of China’s resolve in combat against diesel emissions, the auto industry in the country saw a continuing decline in both output and sales, registering respectively a slump of 4.4 percent to...

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EU and Japan Sign Free Trade Agreement

The European Union(EU) and Japan signed an agreement on tariff reduction on Tuesday. According to the deal, 99 percent of the tariffs on Japanese...