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Energy Economy
Solar project
Google signs PPAs on 400-MW Texas solar project portfolio
Energy Investment
12-01-2021
Globeleq Expanding into Nigerian Power Business
Independent power generation company Globeleq will take a 74% stake in Nigerian power business CPGNL Limited.
France
11-01-2021
Total to Keep up Renewables Energy Investments in 2021, Says CEO
Total will be as active in adding renewable energy assets in 2021 as it was last year, Chief Executive Patrick Pouyanne told an Oddo BHF conference on Friday.
Wind Farm
11-01-2021
Enercon, Petrobras Offload 52MW Brazilian Wind Duo
Enercon's Brazilian subsidiary Wobben Windpower and Petrobras have completed sale of two operational wind farms in Brazil totalling 52MW to V2I Transmissao de Energia Eletrica for an undisclosed price.
Market Analysis
11-01-2021
Wood Mackenzie reveals energy sector’s top ten trends in 2021
Wood Mackenzie analysts on what we should expect in energy in the coming year, from oil markets to solar costs and coal exports to EVs.
Oil & Gas Trade
11-01-2021
China Trade War on Itself Sends LNG Prices Mad
Strong consumer demand, lower-than-expected temperatures across northeast Asia and a severe shortage of prompt LNG supplies and spot tanker availability have combined to send northeast Asian spot LNG prices to an all-time high.
Hydropower Plant
09-01-2021
India Gets $231m ADB Aid for Lower Kopili Hydro Project
The Asian Development Bank (ADB) has approved a $231 million loan to fund the construction of the Lower Kopili Hydroelectric Power (LKHEP) plant in Central Assam in India.
Electric Car
09-01-2021
Tesla Market Value Tops $700 bn for First Time
Electric carmaker Tesla closed trading on Wednesday with a market value topping $700 billion for the first time.
Hydrogen Fuel Cell Vehicle
08-01-2021
S. Korea to Jack up Support for Electric, Hydrogen Cars
South Korea plans to increase budgetary support for the purchase of electric and hydrogen cars by around 30 percent this year in a bid to nurture the next-generation vehicle sector, the finance minister said Friday.
Brexit
08-01-2021
Brexit Creates Major Problem For UK Energy Companies
In the international electricity markets, countries fall into one of three categories: those that provide adequately for their needs like the US, those with excess reserves like Canada and those in deficit.
Energy Investment
08-01-2021
Enel and Qatar Sovereign Fund Forge Renewables Tie-up
Transaction involves the acquisition by QIA of 50% stake in 800MW wind and PV portfolio in South Africa and Zambia.
Hydrogen Fuel Cell
08-01-2021
SK Group Invests $1.5bn in Hydrogen Fuel Cell Firm Plug Power
South Korean company SK Group has agreed to invest $1.5bn in US-based hydrogen fuel cell solutions provider Plug Power, forming a new strategic partnership.
Hydropower Plant
07-01-2021
DORE’s First Investment Since IPO Involves Eight Swedish Hydropower Plants
Downing Renewables & Infrastructure Trust plc has exchanged contracts to acquire its first investment, a portfolio of eight operational hydropower plants in central and southern Sweden.
Wind Farm
07-01-2021
EDF Starts Crowdfunding for 14.1MW French Project
EDF Renouvelables has started crowdfunding for the construction of the Telegraph wind farm in Vermenton, Yonne, France.
Energy Investment
06-01-2021
Fluence Gets $125 million Energy Storage Investment Boost from Qatar
The Qatar Investment Authority has committed $125 million investment to global energy storage provider Fluence.
Coal-Fired Power Plants
06-01-2021
AES to Sell Equity in 1,242MW Coal-Fired Plant in Vietnam
Power company AES Corp has agreed to sell its majority interest in the 1242MW Mong Duong 2 coal-fired power plant in Vietnam.
Energy Investment
05-01-2021
China's Investment in Countries Along the Belt and Road Increased by 24.9%
According to data released by the Ministry of Commerce of China, from January to November 2020, China's foreign non-financial direct investment was 659.36 billion yuan, a year-on-year decrease of 3.1%.
Hydrogen Fuel Cell
05-01-2021
DOE to Invest $6.4M to Develop Hydrogen-Fueled Turbines
The UTSR Program conducts research to increase the efficiency and performance of gas turbines while lowering emissions.
Energy Infrastructure
04-01-2021
KOMIPO Wins ‘Construction Project of the Year’ at Global Energy Awards
KOMIPO ’s Seoul Power Headquarters, the world's first large-capacity underground power plant, was chosen for the “Construction Project of the Year” of the 2020 Global Energy Awards on Dec. 11, 2020.
Crude Oil
04-01-2021
Adnoc Distribution to Buy 15 Service Stations in Saudi Arabia for $10m
The company aims to “significantly” increase its presence in kingdom and become a top fuel retailer by 2025.
Blockchain
03-01-2021
Three Novel Blockchain Projects in the Energy Sector
An auditing system, clean energy loan fraud and biomass traceability are among the novel blockchain use cases currently emerging.
India
03-01-2021
Energy Demand Improvement Slows Down in Nov: India Ratings
This was due to the early onset of winters impacting demand from the northern region
China
01-01-2021
China Datang and Sinar Mas Held Completion Ceremony of PMU Acquisition
On December 23, China Datang Co., Ltd. and Sinar Mas Group held a video ceremony of PMU acquisition.
01-01-2021
Xebec Announces Acquisition of HyGear, Inmatec
Xebec Adsorption Inc. in December announced the launch of its hydrogen strategy with the acquisition of HyGear.
South Korea
31-12-2020
South Korea-U.K. FTA About to Take Effect
The Ministry of Trade, Industry and Energy announced on Dec. 30 that the South Korea-U.K. FTA would become effective at 8:00 a.m. Jan. 1.
China
30-12-2020
China Datang Buys Stake in Indonesian Power Plants
China Datang Corp has bought a majority stake in PT Dian Swastatika Sentosa’s (DSS) thermal power plants in Indonesia for US$394mil.
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Patel Engineering wins Rs 230.7 crore Bhutan hydro project package
