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Crude Oil

Oil Tanker Rates Plunge More Than 50% As OPEC+ Cuts Start

​The daily rate for chartering an oil tanker from Saudi Arabia to China has plunged by over 50 percent in one week to $100,000 as OPEC+ begins on Friday the co…

Combined Heat and Power

Plans Unveiled for Major CHP Heat Network in London

​What will be one of the largest heat networks in the UK is being developed by Vattenfall and resource management and recycling firm Cory Riverside Energy.

Energy Storage Project

Wärtsilä to Deliver 70 MW Energy Storage System in California

​Technology group Wärtsilä is finalising a 70 MW energy storage and energy management system project in the California Independent System Operator (CAISO) en…

Market Analysis

IEA: 25% Fall in Weekly Energy Demand During Covid-19 Pandemic

​The International Energy Agency (IEA) has released a report into the impacts of Covid-19 on global energy demand and carbon dioxide emissions, revealing that …

Solar Power Plant

Invenergy Georgia Solar Energy Centre Begins Commercial Operations

​Global sustainable energy solutions developer Invenergy has announced the start of commercial operations of its 160MW Southern Oak solar energy centre.

Wind Farm

Ørsted’s Borssele Offshore Wind Farm Delivers First Power

​Danish renewable energy company Ørsted has announced that its 752MW offshore wind farm Borssele 1 and 2 generated the first clean power to the Dutch grid.

Solar Company

DEWA Signs PPA for Fifth Phase of Dubai Solar Park

​Dubai Electricity and Water Authority (DEWA) has signed a power purchase agreement (PPA) for the 900MW fifth phase of Mohammed bin Rashid Al Maktoum solar par…

IEA: 25% Fall in Weekly Energy Demand During Covid-19 Pandemic

The IEA noted that global renewable energy generation is up 3 during the pandemic, one of few bright spots during the crisis.

Wind Farm

Vattenfall Green Lights Its Largest Onshore Wind Farm in the UK

Vattenfall enters a partnership with Greencoat UK Wind and gives the green light to the construction of South Kyle.

Energy Storage Battery

SK Innovation to Additionally Invest US$727 Mil. to Build 2nd EV Battery Plant in U.S.

SK Innovation has decided to invest US$727 million to build a second electric vehicle (EV) battery plant in Georgia, the United States.

Coal Production

Coal Exit Plans on the Rise in Asia

Lenders could follow after Mizuho's move to shun financing of coal-fired power.

Coal Production

Coal Generation in Australia's NEM Fell by 1.11GW in Q1

A surge in power outages in February and March in New South Wales drove the decline.

Energy Transition

Invest in Nuclear for a Clean Economic Recovery

"Governments need to take urgent action to ensure that the recovery from the economic effects of the coronavirus brings long-lasting good," World Nuclear Associ…

Energy Storage Project

A Redox Flow Battery for MW-sized Solar-Plus-Storage

With Invinity targeting the solar-plus-storage market, its typical customer wants at least 1 MW of solar-plus-storage capacity, according to Harper.

Crude Oil

Russia Calls For Market Share Target For OPEC+

It would make sense for the OPEC+ coalition of oil producers to begin monitoring the group’s market share to measure how effective the OPEC+ actions are.