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Energy Investment
Efficiency Companies Raise $858 Million In VC Funding In 1H 2020
Funding into Battery Storage and Efficiency companies was down in the first half of 2020
United Kingdom
Centrica to Sell US Business for $3.6bn as First-Half Profit Falls
British Gas owner Centrica said it was selling its US energy business to NRG Energy $3.6bn (£2.87bn) as part of a plan to turn the company around.
Energy Storage System
Air Liquide to Build ASU with Novel Energy Storage System
The plant will consume 10% less electricity than conventional ASUs and have a production capacity for 2,200 metric tons/day of oxygen.
Hydrogen Fuel Cell
Eversholt Rail and Alstom to Fast-Track Hydrogen Train Programme
Alstom and rolling stock operating company Eversholt Rail have agreed to fast-track a hydrogen train development programme in the UK with an additional £1m inv…
Coal Trade
Ukraine's Coal Imports in the First Half of 2020 Fall 18.4% Year-on-Year
Ukraine's coal imports were 8.6 million tons, down 18.5% year-on-year. Among them, coal imports from Russia and the United States accounted for 60% and 30% resp…
Provision and Installation of Switch Devices
Tender are Invited for Provision and Installation of Switch Devices for the Training Village at Aramoun
Provision of Installation of 110 kv transformer substation drainage
Tenders are invited for Provision of Installation of 110 kv transformer substation drainage
Why the US Trails China in Electric Buses
China is leading the world in electric vehicle adoption, with almost all city buses run on electric batteries.
Switzerland
Swiss Earthquake Service and ETH Zurich Aim to Make Geothermal Energy Safer
The Swiss Earthquake Service and ETH Zurich want to make geothermal energy safer, so news piece from Switzerland earlier this month.
Solar Power Plant
Kenya's KenGen Mulls Floating Solar PV Plants in Hydrodams
The project will contribute to a more flexible and sustainable energy system in Kenya.
Thermal Plant
India's NTPC Expands Thermal Generation Capacity
Indian state-controlled power utility NTPC has increased its thermal generation capacity through the addition of an 800MW second unit at the Lara thermal power …
Coal Trade
South Korean 2H Coal Demand Faces Headwinds
Power sector coal demand in South Korea faces the dual headwind of rising nuclear availability and increasingly competitive gas prices.
Wind Power Project
Ball Signs Agreements to Strengthen 100% European Renewable Energy Goals
The wind developments in Spain and Sweden will collectively enable Ball to reduce its Scope 2 greenhouse gas emissions generated in Europe by approximately 60% …
Saudi Arabia
Saudi Arabia’s Oil Exports Fall 65% in May, WTI Regains $42
Citing official data, Oil exports from Saudi Arabia, the OPEC’s top producer, fell by 44,277 million riyals (USD12 billion) or 65.0% in May 2020.
China Shuts Houston Consulate as US Relations Worsen
The US has ordered China to close its consulate in Houston, the Chinese foreign ministry said today. It described the move as an "unprecedented escalation" in t…
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