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Energy Economy

Google signs PPAs on 400-MW Texas solar project portfolio

Google signs PPAs on 400-MW Texas solar project portfolio

30-05-2020

US Ethanol Output Continues to Rise, Stocks Fall Again
US ethanol production averaged 724,000 b/d for the week ended May 22, an increase of 61,000 b/d, and the fourth consecutive weekly rise, data from the US Energy Information Administration showed Thursday.
29-05-2020

Strategic Union Between French and British Renewable Firms
UK renewable energy specialist Dulas has finalised an agreement with French remote sensing company Leosphere, part of the Vaisala group.
Energy Investment
28-05-2020

Global Energy Investment to Plunge 20% This Year: IEA
Global energy investment is set to face a “staggering” decline this year as a result of the Covid-19 pandemi.
Energy Investment
27-05-2020

Virus Sparks Record Drop in Energy Investment: IEA
The international energy agency said on Wednesday that investment in the energy sector would fall by a record amount as a result of the covid-19 outbreak.
Energy Investment
25-05-2020

A New $1.1bn Venture Fund Unveiled for Renewables Projects Globally
EIG Global Energy Partners has unveiled the EIG Global Project Fund V to help accelerate the implementation of renewables projects globally.
Solar Power Plant
25-05-2020

Bravida Buys Stake in Finnish Energy Company Savon Aurinkoenergia
Sweden-based company Bravida has acquired a stake in Finnish solar energy company Savon Aurinkoenergia.
Wind Farm
22-05-2020

Engie Secures $210m Loan for Campo Largo Wind Complex
Engie has secured a loan of BRL1.2bn from the Brazilian Development Bank (BNDES) for its renewable power generation project Campo Largo wind complex – phase 2.
Nuclear Power Plant
21-05-2020

Ukraine Passes Bill to Secure Euratom Loan
The Verkhovna Rada, Ukraine's upper house of parliament, has adopted a draft law on nuclear safety that enables state-run nuclear power plant operator Energoatom to secure a EUR200 million loan from Euratom
Thermal Plant
21-05-2020

Bangladesh's 300MW Oil-Fired Plant Bags $199.75 Loans
It’s the first IPP in Bangladesh financed by international commercial financiers.
Renewable Energy
20-05-2020

Global Green Energy Growth to Fall for First Time in 20 Years: IEA
Global growth in new renewable energy capacity will experience its first annual decline in 20 years this year amid the coronavirus pandemic but is expected to pick up next year, the International Energy Agency said on Wednesday.
Wind Power Project
19-05-2020

UK renewables and storage project pipeline approaches 40GW
Some 38.7GW of renewable projects are currently planned across 845 locations across the UK, according to Cornwall Insight's latest renewables pipeline tracker.
18-05-2020

French Group Total Buys up Some Assets from Portugal's EDP
Total's shares on the Paris bourse .FCHI gained 4% in early trade after the deal, and a separate announcement that it was calling off a deal to acquire Occidental Petroleum's asset in Ghana.
Crude Oil
18-05-2020

US WTI Crude Futures Rise Above $30/bl
U.S. benchmark WTI crude futures rose above $30 a barrel for the first time in two months.
Energy Investment
18-05-2020

Large Shortfall Emerging in German Green Energy Fund
Germany's fund for renewable energy is likely to run a deficit this year for the first time since 2013.
17-05-2020

Saudi Wealth Fund Builds Stakes in Canadian Natural, Suncor
Saudi Arabia’s sovereign wealth fund built stakes in two major Canadian oil sands players during the energy market rout.
17-05-2020

Middle East Second Most Popular Region for Renewable Energy Investment
The Middle East is the second most popular region for renewable energy investment after North America, according to a recent report from UK-based law firm Ashurst.
16-05-2020

French Nuclear Energy Society : Nuclear Essential to Economic Recovery
Making a commitment to build six new EPRs in France would be an "effective stimulus" for the country's economy as it recovers in the years ahead from the shock of COVID-19.
Hydropower Plant
15-05-2020

Hull Street Energy Bought the Hydropower Plant
It is a joint venture between Enel Green Power North America and GE Energy Financial Services.
Solar Power Plant
15-05-2020

CIT Leads $217 Million Financing for Hillcrest Solar Project in Ohio
CIT group's power and energy division provided $217 million in financing for the 200-megawatt Hillcrest solar photovoltaic project in brown county, Ohio.
Coal Company
15-05-2020

Cash-Strapped Coal India Eyes First-Ever Bond Issue
Coal India is under severe pressure due to a rs 17,000 fee installed in unpaid accounts for its firstever power plant and a possible bond issue to raise working capital.
14-05-2020

Citi unveils $1.5 Billion Green Bond to Combat Climate Change
American multinational financial services firm Citi has unveiled its first US dollar-denominated green bond to finance environmental-friendly projects.
Geothermal Power Plant
14-05-2020

Kalahari GeoEnergy Secures $3.2m Loan Funding for Geothermal Project in Zambia
Three new resource definition slim wells will help move Zambia's first commercial geothermal project forward.
Energy Investment
14-05-2020

UK Wants to Join Renewable Energy Market in Morocco
Morocco's Minister of Energy, Mines and Environment recently discussed with UK Minister for Investment about British investment opportunities in Morocco and the prospects for bilateral cooperation, particularly in the renewable energy sector.
13-05-2020

Norway Takes $41 Billion From Oil Fund To Bolster Economy
Norway is set to use a record amount of petroleum revenues from its US$1-trillion oil fund – the world’s largest sovereign wealth fund – this year to counter the economic slump from the COVID-19 pandemic and low oil prices.
Solar Power Plant
11-05-2020

China's Silk Road Fund Closes 49% Stake Buy in ACWA Power RenewCo
China's Silk Road Fund has completed the purchase of a 49% stake in the renewable energy platform of Saudi Arabia's ACWA Power, the latter announced on Sunday.

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