Auction

Crude Oil

Japan To Sell Crude Oil From State Reserves In February

Japan plans to auction in February 629,000 barrels of crude oil from its national reserves as part of a U.S.-led global effort by oil-consuming nations to lower…

Offshore Wind Power

Mitsubishi-led Groups to Build 1.7GW Offshore in Japan

891MW Yurihonjo, 478.8MW Noshiro Mitane Oga and 390.6MW Choshi developments successful in auction

Tidal Energy

UK Officially Backs Tidal Energy to Reach Net Zero Goals

The UK government has announced that it will invest £20 million per year in Tidal Stream electricity as part of its Contracts for Difference renewable energy a…

Offshore Wind Power

RWE Hails 525MW German Offshore Win

Energy giant secures one site in the North Sea for 225MW and another in the Baltic Sea for 300MW

Solar Power Plant

Poland Allocates 2.5GW of Wind and Solar

Energy regulator data shows latest auctions for onshore and PV were undersubscribed

Offshore Wind Power

Iberdrola Prequalifies for France’s Next Offshore Wind Energy Auction

Iberdrola has been pre-qualified for the next offshore wind capacity tender in France, the Normandy offshore wind farm in the English Channel, with a capacity b…

Energy Investment

Coal India Signs First 100 MW Solar Power Purchase Agreement

The company had won a 100 MW solar power project in March in a reverse auction conducted by GUVNL.

Energy Subsidies

Serbia Adopts New Energy Laws

Serbia's national assembly on 20 April adopted four new laws for the mining and energy sectors, including a law that paves the way for the country to begin hold…

Coal Production

China’s ETS to Reduce Coal’s Share of Power Mix: IEA

Without tighter allocation benchmarks for coal-fired plants or the introduction of allowance auctions, the scheme could fail to encourage any significant coal-t…

Coal Production

India to Double Down on Coal Projects Amid Climate Warnings

India has set in motion the biggest ever auction of coal mines in the country despite the fossil fuel’s key role in contributing to global warming.

Electricity Reform

Coal Plant Restriction to Reform S Korea’s Power Market

The South Korean government is considering an annual cap on coal-fired generation from 2022 and a new spot and forward auction system to enable utilities to bid…

Offshore Wind Power

Iberdrola Commits to Second Japanaese Offshore Wind Project

Iberdrola will co-develop Seihoku-oki wind farm, which will enter the round 2 auction, together with Japanese developer Cosmo Eco Power and Hitz Engineering

Offshore Wind Power

Equinor and BP win 2.49GW Offshore Wind Contracts in US Auction

Norwegian power giant Equinor and partner BP have won two offshore wind tenders in the US, with a total capacity of 2.49GW.

Energy Storage Project

Israel could Arrive at 8GWh of Energy Storage ‘Well Before 2030 Goal’

An auction for solar-plus-storage held in Israel by the country’s Electricity Authority awarded 609MW of solar PV alongside 2.4GWh of energy storage.

Hybrid Power Plant

Adani to Build 600 MW Hybrid Wind-Solar Plant in India

The Indian group secured the project in an auction held by the Solar Energy Corporation of India. The plant will sell power to the Indian grid at a price of INR…