Eu

Market Analysis

European Solar Fears Power Price Plunge May Dampen Subsidy-Free Prospects

​The crash of power prices seen as Europe locks down over the COVID-19 crisis could dampen investor enthusiasm for subsidy-free solar, a SolarPower Europe webi…

Floating Offshore Wind

Norwegian Authorities Approve Equinor's Hywind Tampen Wind Farm Plan

Norway's Ministry of Petroleum and Industry has approved Equinor’s plans to build and operate the Hywind Tampen floating offshore wind farm, situated in the No…

Wave Energy

EU-funded Wave Energy Trial Delivers Cost and Efficiency Advances

CorPower Ocean said the latest prototype also had 80 per cent fewer components, helping to reduce friction by 70 per cent and flow losses by as much as 90 per c…

Solar Power Plant

Europe’s Largest Solar Park Now Online

Spanish energy giant Iberdrola has commissioned the largest PV plant in Europe – the 500 MW Núñez de Balboa project – following the completion of constructi…

LNG

BP Issues Force Majeure to Golar Over Tortue Ahmeyim LNG Project

BP is seeking to delay by a year the reception of a floating liquefied natural gas facility at the Tortue Ahmeyim project in Africa.

Offshore Wind Power

European Wind Investment Slides as Covid-19 Undercuts Spending Power

The impact of the coronavirus pandemic is likely to reduce liquidity in debt and equity markets, WindEurope says.

Woodside Joins Japanese Consortium to Study Exporting Hydrogen

Australian LNG producer Woodside Energy has joined a consortium of Japanese companies to explore exporting carbon-neutral hydrogen.

Wind Farm

Construction of 250MW Amadeus Wind Farm in Texas, US in Good Progress

Construction of the 250MW Amadeus wind farm in Texas, US is on track.

LNG

Qatar Petroleum: Coronavirus Turmoil Will not Stop LNG Expansion Abroad

Qatar Petroleum is pressing ahead with foreign as well as domestic expansion despite the global market turmoil caused by the coronavirus pandemic.

Electricity Transmission

EIB Offers €100m Loan to Support Finland’s Elenia Electricity Network

The European Investment Bank (EIB) has agreed to provide a loan of €100m to Finnish electricity distribution system operator (DSO) Elenia.

Blockchain

Users in New Blockchain Project can Select their Sustainable Energy Source of Choice

​Power Ledger and ekWateur are working together to boost the transition toward renewable power.

Wind Farm

IPPs to Challenge Eskom's Force Majeure on Wind Farms

Eskom is proposing to curtail operational wind farms citing reduced demand in relation to COVID-19.

Offshore Wind Power

Deutsche Bank Closes Hedge for 589MW Taiwan Offshore Wind Farm

Multinational investment bank Deutsche Bank has closed a deal contingent interest rate swap for an offshore wind farm in Taiwan.

Oil Shale

U.S. Shale Company Whiting Becomes First Major Bankruptcy of Oil-Price Crash

Whiting Petroleum Corp filed for Chapter 11 bankruptcy, the U.S. shale producer said on Wednesday, the first publicly traded casualty of crashing crude oil pric…

Oil & Gas Trade

India's Top Refiner Declares Force Majeure On Oil Imports From Saudi Arabia

Indian Oil Corp (IOC), the country’s biggest refiner and fuel retailer, has declared a force majeure on oil imports from some of its top oil suppliers, includi…