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CGN

CGN to Take Stake in Kazakh U Mining Company

China General Nuclear is expected to acquire a 49% stake in Ortalyk LLP, a wholly-owned subsidiary of Kazakh uranium producer Kazatomprom, by mid-2021.

Nuclear Power Plant

Hot Testing Completed at Sixth Tianwan Unit

The ACPR1000 reactor is scheduled to enter commercial operation by the end of this year.

Market Analysis

Wind Power Generated 31.4% of Electricity in December in Spain

Renewables produced 44% of electricity in 2020, wind power 21.8%, concentrated solar power 1.8%, and photovoltaic 6.1%.

Wind Turbine

Vestas Secures 15 GW of Wind Power Orders in 2020

During the final days of 2020, wind turbine maker Vestas reported 572 MW of orders in various European markets, including three in Italy.

Energy Investment

Fluence Gets $125 million Energy Storage Investment Boost from Qatar

The Qatar Investment Authority has committed $125 million investment to global energy storage provider Fluence.

Electric Car

Versinetic’s EV Industry Predictions for 2021

England-based engineering consultant Versinetic is predicting progress in electric vehicle (EV) adoption and the wider rollout of charging infrastructure in the…

Offshore Wind Power

Hornsea 2 Wraps up Onshore Cable Works

Subcontractor VolkerInfra has completed onshore cable works for the 1400MW Hornsea 2 offshore wind project.

Oil Price

2021 Oil Prices Seen Hovering Around $45 per Barrel in 2021

2021 oil prices seen hovering around $45 per barrel in 2021: Moody's Investors Service.

Coal-Fired Power Plants

AES to Sell Equity in 1,242MW Coal-Fired Plant in Vietnam

Power company AES Corp has agreed to sell its majority interest in the 1242MW Mong Duong 2 coal-fired power plant in Vietnam.

Energy Investment

China's Investment in Countries Along the Belt and Road Increased by 24.9%

According to data released by the Ministry of Commerce of China, from January to November 2020, China's foreign non-financial direct investment was 659.36 billi…

Nuclear Power Plant

Eskom Shuts Down Some Koeberg Nuclear Power Plant Units

According to South African news media reports, due to the leak, Eskom has taken the Koeberg nuclear power plant's Unit 1 off the assembly line and has accelerat…

LNG Carrier

Global LNG Fleet Starts 2021 with Spate of Deliveries

Four new LNG carriers were delivered by South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering in the first four days of this year, following slow …

Microgrid

Tata Power Arm Hits ‘100 Solar Microgrids’ Milestone

TP Renewable Microgrid has installed an aggregate 3 MW of solar microgrid capacity with its 100th project commissioned in Ratnapur, Uttar Pradesh.

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…

Energy Storage System

California Grid to Soon be Supported by up to 180 MWh of Eos Zinc-Based Energy Storage Systems

Energy storage project developer EnerSmart will use zinc-based battery systems from Eos for upcoming stand-alone projects in California.