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Türkiye to Invest $10B in Energy Storage to Boost Wind Power and Photovoltaic Solar Energy

Energy Investment

Türkiye to Invest $10B in Energy Storage to Boost Wind Power and Photovoltaic Solar Energy

10-12-2019

EU and Africa Signed A $120m Deal to Fund Sustainable Energy Projects
The European Investment Bank and the Eastern and Southern African Trade and Development Bank (TDB) have signed a deal to fund sustainable energy projects over the next 15 years.
09-12-2019

ABB CEO: ABB Is Ready to Spin off More Businesses
The Swiss engineering company, under pressure from activist investors to simplify its operations, is carrying out a strategic review of underperforming businesses and agreed to sell its power grids business last year.
08-12-2019

US EPA Sends Final 2020 Biofuel Volumes to White House for Review
The US Environmental Protection Agency on Friday sent its delayed 2020 biofuel blending mandate to the White House for review, but continues to allow for the possibility that it might not finalize the volumes by the end of the year.
Energy Investment
06-12-2019

BlackRock Achieved $1bn Record for the Global Renewable Power III (GRP III) Fund
American investment company BlackRock has announced that is has achieved $1bn for the first close of its Global Renewable Power III (GRP III) fund. The company stated that it has received commitments from 35 investors in Asia, Europe and North America.
05-12-2019

Wind Capacity Exceeds Hydro, While Solar Tops Oil in US
New capacity placed into service that month included 359 MW of wind and 232 MW of solar but only 100 MW of natural gas.
04-12-2019

Energy Connected Homes Services Set for Substantial Growth
The research Connected Homes Insight Service has identified increasing levels of entry and investment, with rates of entry more than doubling over the last decade.
03-12-2019

Ireland to Open 1st Renewables Auction in Early 2020
The Irish government on Monday gave the green light to the country’s first auction under its new Renewable Electricity Support Scheme (RESS) that is seen to pave the way towards a 70% renewables share by 2030.
Market Analysis
02-12-2019

Asian Wind to 'Outpace' Western Europe and North America Combined
Cumulative wind power capacity in Asia is likely to overtake the combined total of North America and Western Europe (NAWE) through 2028, driven by a rapid growth in the Chinese market, Fitch Solutions Macro Research said in its updated ten-year report.
30-11-2019

Irish Electricity Company Electricity Supply Board to Buy 50% Stake in EDF Scottish Windfarm
Irish electricity company Electricity Supply Board (ESB) has agreed to purchase a 50% stake in the Neart na Gaoithe offshore windfarm from EDF Renewables, which originally purchased the windfarm from Mainstream Renewable Power in May 2018.
28-11-2019

In Oil And Gas, Activist Investors Lose Steam
Relatively steady but low oil and gas prices in North America have led to a slowdown in energy M&A and activist investors are finding that when deals do happen, they rarely get what they want.
26-11-2019

Mitsubishi And Chubu Electric Power to Purchase Dutch Energy Supplier Eneco for €4.1bn
A consortium formed of Japanese companies Mitsubishi and Chubu Electric Power Company has agreed to acquire Dutch energy company Eneco for €4.1bn, beating bids led by Shell and Rabobank respectively.
25-11-2019

China to Slash Renewables Subsidies by 30%
The government of China has decided to reduce renewable power subsidies by 30%, from $1.15b in 2019 to $807m in 2020.
25-11-2019

Power Plant Contract Activity Shows Downward Trend in Asia- Pacific
There were 62 power plant contracts announced in the Asia-Pacific region in Q3 2019, marking a drop of 49 per cent over the last 12-month average of 122, according to GlobalData’s power industry contracts database.
24-11-2019

Total Expands Renewables Portfolio in South East Asia
Total, through its affiliate Total Solar Distributed Generation, has added six new solar projects with a total capacity of around 10 MWp to its renewables portfolio in Southeast Asia since October 2019.
22-11-2019

Is CCUS the Key to A Low-Carbon Economy for the UK?
In November 2019 the Energy Industries Council (EIC) published a report into carbon capture, utilisation and storage (CCUS) as a more viable concept to reduce emissions than CCS. How important will CCUS be in the UK's energy future?
21-11-2019

Global Energy Consumption Up by 2.3%, Experts Blame It on Tech & Population
According to Capgemini’s annual World Energy Markets Observatory (WEMO) report, global energy consumption increased 2.3 per cent, nearly double the average rate since 2010.
21-11-2019

Siemens to Embark on Energy And Infrastructure Solutions in Ethiopia
At the G20 summit, Siemens committed to supporting and contributing to Ethiopia’s Growth and Transformation Plan II and its objective of electrifying Ethiopia.
20-11-2019

Who Can Pay for the Boom of New Solar And Wind Investment in the Nest 15 Years?
New solar and wind investment could hit $190 billion a year by 2035, Wood Mackenzie says. Where will that money come from?
Market Analysis
19-11-2019

A Report About US Renewable Energy Market Trends 2020
Research firm Deloitte has released a new report which examines the renewable energy market in the US.
19-11-2019

96% Australians Are Growing Increasingly Concerned about the Rising Energy Costs
As we head into summer, Australians are growing increasingly concerned about rising electricity costs – but our misuse of air conditioners could see us racking up more than $1,000 in wasted electricity.
18-11-2019

Report: UK Wind And Marine Energy Exports Worth £525m A year
UK is the 'go-to destination' around the world for expertise on designing, building, and further developing wind, wave, and tidal energy projects, RenewableUK claims.
17-11-2019

Indian Electricity Distributor to Trial P2P Solar Trading
Electricity distributor BSES Rajdhani Power Limited (BRPL) has partnered with Power Ledger, a global leader in blockchain-based renewable energy trading, to install a large-scale peer-to-peer (P2P) energy trading trial in Delhi, India.
17-11-2019

European Investment Bank to End Fossil Fuel Financing by 2021
The European Investment Bank (EIB) has agreed to cease funding fossil fuel energy projects by the end of 2021 as part of its “increased ambition in climate action and environmental sustainability.”
16-11-2019

Spain's Iberdrola to Enter Australia with Wind, Solar Power Project
Spanish power firm Iberdrola SA said on Friday it plans to make its first foray into the Asia-Pacific, building a A$500 million ($343 million) wind and solar farm in Australia.
16-11-2019

Conference on EU Energy Strategy Calls for Investments in Clean, Sustainable Energy
A conference of the European Strategic Energy Technology (SET) Plan underlined here on Friday the need for the European Union (EU) to provide the energy industry with "a predictable and coherent frame" for investments towards clean and sustainable energy.

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