1

Energy Investment

KKR to Buy Five Solar Assets from SP Group for $200 Million

Ending months of negotiations, KKR has agreed to buy 5 solar assets of 317 MW from the cash strapped Shapoorji Pallonji Group for $200 million, said people in t…

Crude Oil

Algeria Says Proven Oil Rserves at 10 Billion Barrels

OPEC member Algeria's proven oil reserves are currently 1.34 million tonnes, or 10 billion barrels, Energy Minister Mohamed Arkab said on Sunday.

Hydropower Plant

Turkey’s 1.2GW Ilisu Hydro Plant to Come on Line in May

The 1.2GW Ilisu storage hydropower plant in southeast Turkey is expected to start up in May, state-run hydraulic works administration DSI said.

Wind Turbine

Wind Energy in Vietnam, Enercon Wind Turbines for 310 MW Wind Farm

ENERCON continues to expand its activities in Vietnam. In addition to the 90 MW already set to be installed this year, the company has signed to implement anoth…

Geothermal Power Plant

Covid-19 Situation Delaying Renewable Energy Development in Indonesia

CNBC has also been hampered in Indonesia by the widespread spread of the corona virus, or covid19.

Coal-Fired Power Plants

RWE's Q1 Lignite Output Plunges 36% on Poor Market Condition

Output from Germany's lignite fleet has plunged from 13.5 KWH per hour in the first quarter of 2019 to 8.6 KWH per hour.

Oil&Gas Drilling

Diamond Offshore Files for Chapter 11 Bankruptcy Amid Historic Oil Price Crash

Diamond Offshore Drilling Inc., a rig contractor owned by Loews Corp., filed for bankruptcy.

Coal Production

Coal India's April Average Daily Output Down 11.3% year-on-year

Daily coal production in India halved in April from march.

Oil & Gas Trade

Refined Oil Product Freight Rates Nearly Double in a Week

Refined oil tanker rates surged this week to their highest level in 11 years.

Market Analysis

When Oil Became Waste: A Week of Turmoil for Crude, and More Pain to Come

In its nearly 40-year history, U.S. oil futures have never fallen below $10 a barrel.

Hydrogen Fuel Cell Vehicle

NTPC to Procure Hydrogen Fuel Bus and Cars for Leh and New Delhi

NTPC has sent letters of intent for 10 of the buses and cars.

Construction of 11kv line and substation and shifting of line

Tenders are invited for Construction of 11kv line and substation and shifting of line under deposit scheme.

Nuclear Technology

Leader Project: Аtomflot and Shipbuilder Zvezda Sign Nuclear Icebreaker Construction Contract

On April 23, Rosatom subsidiary FSUE Atomflot and shipbuilder Zvezda LLC remotely signed a contract on the construction of the nuclear icebreaker Leader (projec…

Wind Power Project

Citi Financing Leeward Renewable’s $163M Mountain Breeze Wind Farm

Dallas-based wind developer Leeward Renewable Energy LLC has completed the financing for its planned $163 million Mountain Breeze project in Colorado.

Market Analysis

Uncapping Germany’s 1 TW of PV potential

EuPD Research has conducted a survey showing that potential investors see Germany’s 52 GW cap for solar incentives in the residential segment as the main barri…