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Market Analysis

GWEC: Wind Power Market Set for Record Growth Despite COVID-19

According to the latest market outlook published by GWEC Market Intelligence, 71.3GW of wind power capacity is expected to be installed in 2020 despite the impa…

Smart Grid

Germany Requires $130bn in Grid Investments to Meet 2050 Climate Targets

A new study released by RWTH Aachen University and Frontier Economics quantifies the economic value of energy networks and how the modernisation of grid network…

Nuclear Power Plant

Long Outage Planned for Armenian Nuclear Plant in 2021

The Armenian nuclear power plant in Metsamor will be under repair in 2021, which will last 140 days, according to the head of the Public Services Regulatory Com…

Nuclear Policy

Iranian Parliament Approve Bill Specifying Increased Uranium Enrichment

Iran’s parliament on 2 November approved a bill requiring the Atomic Energy Organisation of Iran to produce at least 120kg of 20% enriched uranium a year at it…

Energy Storage Project

Eos to Supply Energy Storage Projects to Hecate Energy in US

US-based zinc battery storage systems manufacturer Eos Energy Storage has signed an agreement with Hecate Energy to supply more than 1GWh of energy storage proj…

Spain

Spain Plans 2020 Renewable Energy Auction Under New Regulations

Spain has approved regulations to overhaul its renewable energy auction system, replacing the previous system from 2013.

Solar Power Plant

Luxcara Acquires Solar Power Project from Belectric in Germany

German asset management company Luxcara has announced the acquisition of a 172MW solar farm from solar power developer Belectric.

Oil&Gas Drilling

Turkey Starts Drilling Second Well in Black Sea

Turkey has begun drilling a second borehole on the Sakarya natural gas field in the Black Sea where it made its largest-ever discovery earlier this year with th…

Energy Technology

Developments in Offshore Wind Technology

By some estimates, offshore wind energy has the potential to deliver 18 times the current global electricity demand.

Energy Investment

China: PetroChina Low Carbon Investment

PetroChina Q3 briefing included the annoucement to invest us$1.5bn annually between 2021 & 2025.

Wind Turbine

Stocks Of Major Wind Turbine Makers Slump Amid Election Uncertainty

Shares of major wind turbine manufacturers slumped on European markets on Wednesday as the U.S. presidential election—with the two candidates differing strongl…

Wind Farm

COVID-19: Akuo Suspends 132MW Oz Wind Project

Developer is not ‘actively pursuing’ Granite Hills in NSW as a consequence of ‘increased business uncertainty’

Oil Price

Oil Price Headed up Towards $50 per Barrel in 2021: S&P Global Platts

Brent crude, the global benchmark for oil prices, is likely to remain around $40 per barrel in the rest of the current calendar year but could be headed towards…

Market Analysis

Proposed $16B Project Combines World’s Largest PV Farm, Largest Battery, Longest Undersea HVDC Cable

Here’s a high-level cost estimate of what transmitting solar power underneath an ocean might cost for the proposed $16 billion Australia–ASEAN power line.

Market Analysis

Six Key Ways Sub-Saharan Africa can Address COVID-19 and Climate Change

Rocky Mountain Institute has released a new report highlighting six key measures governments in Sub-Saharan Africa can address the impacts of COVID-19 and clima…