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Energy Economy
Solar project
Google signs PPAs on 400-MW Texas solar project portfolio
Offshore Wind Power
05-06-2020
Total to Buy 51% Stake in Seagreen 1 Offshore Wind Farm
Global energy player Total has agreed to buy 51% stake in Seagreen 1 offshore wind farm project from SSE Renewables.
China Belt and Road
04-06-2020
China Signed New Contracts for Water Conservancy Construction with 53 Countries Along the Belt and Road
Chinese companies have made non-financial direct investment in 53 countries along the Belt and Road to reach us $5.23 billion.
Offshore Wind Power
04-06-2020
Iberdrola to Pour up to EUR 4bn in Renewables in France
Spanish power utility Iberdrola SA plans to invest between EUR 3 billion and EUR 4 billion over the next four years.
03-06-2020
Ice Brent Crude Futures Rise Above $40/bl
Crude futures rose in early Asian trading amid optimism for further production cuts by the Opec+ alliance ahead of talks that could be brought forward to this week.
Coal-Fired Power Plants
03-06-2020
KEPCO Warned Over Coal Projects in Vietnam, Indonesia
BlackRock sought rationale from the South Korea utility for the investments.
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.
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Most views from Energy Economy
1
TSEA Energy to invest $25m in North Carolina facility to boost US grid manufacturing
2
Patel Engineering wins Rs 230.7 crore Bhutan hydro project package
3
Google signs PPAs on 400-MW Texas solar project portfolio
4
ADB and Acwa sign US$116 million financing package to support wind power in Uzbekistan
5
Aukera Secures €48.5 Million IFC Financing for Romania Battery Storage Project
6
Equinor aims to sell 8% stake in solar energy firm Scatec
