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Wind Farm

Shared Grid Offshore New England Saves Over $ 1 Billion Onshore

A multi-user, planned transmission system to harness wind power off New England’s coast could result in onshore electric grid cost savings of over $ 1 billion …

Solar Power Plant

‘World’s Largest Concentrated Solar Plant’ Progresses Despite Covid-19

Global oil refining production could start rebounding in June, the International Energy Agency said on Thursday, but refiners’ margins may be squeezed due to r…

Nuclear Technology

Hydrostatic Testing Completed at Leningrad II-2 Cooling Tower

Russia's Rosatom has completed hydrostatic testing of the catch basin of Leningrad II-2’s evaporative cooling tower. At 167 metres high, it is one of the talle…

Crude Oil

China Crude Oil Runs Rebound in April as Fuel Demand Picks Up

The country processed a total of 53.85 million tonnes of crude oil last month, data from the National Bureau of Statistics (NBS) showed on Friday, equivalent to…

Solar Power Plant

CIT Leads $217 Million Financing for Hillcrest Solar Project in Ohio

CIT group's power and energy division provided $217 million in financing for the 200-megawatt Hillcrest solar photovoltaic project in brown county, Ohio.

Coal Company

Cash-Strapped Coal India Eyes First-Ever Bond Issue

Coal India is under severe pressure due to a rs 17,000 fee installed in unpaid accounts for its firstever power plant and a possible bond issue to raise working…

Crude Oil

Petrobras Books $8.35 bn Q1 Loss Amid 'Worst Crisis in 100 Years'

State oil company Petrobras on Thursday reported a big loss in the first quarter of the year.

Wind Power Project

ScottishPower Acquires Two Onshore Wind Projects in Scotland

ScottishPower, a subsidiary of Spanish electric utility company Iberdrola, has acquired two new onshore wind projects with a combined capacity of 165MW in Scotl…

Climate Assembly UK to Consider Covid-19 Impacts in Final Net Zero Policy Discussions

The new multi-million-pound facility will be the onshore base for the Dogger Bank wind farm, which is expected to provide renewable electricity.

Solar Power Plant

Construction of 700MW Noor Energy 1 CSP project in Dubai, UAE on Track

Construction of the 700MW Noor Energy 1 concentrated solar power (CSP) project in Dubai, United Arab Emirates (UAE) is progressing well despite limitations impo…

Solar Power Plant

Massive Floating Solar Plant Secures 25-year PPA in Singapore

A 60MW floating solar plant that will take Singapore’s national water utility to 100 per cent renewables is set to be built off the back of a 25-year power pur…

Market Analysis

Global Oil Demand Could Take Years To Recover

Global oil demand will take at least a year to return to the pre-crisis levels of 100 million barrels per day , Fatih Birol, Executive Director of the Internati…

Citi unveils $1.5 Billion Green Bond to Combat Climate Change

American multinational financial services firm Citi has unveiled its first US dollar-denominated green bond to finance environmental-friendly projects.

Nuclear Power Plant

Rosatom Joins RPV Halves for Rooppur Unit 1

AEM Technology, part of the Atomenergomash engineering division of Russian state nuclear corporation Rosatom, has welded together the upper and lower parts of t…

Purchase of 160kw and 200 Kw Electric Motors

Tender are Invited for Purchase of 160kw and 200 Kw Electric Motors