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Energy Investment
Global Energy Investment to Plunge 20% This Year: IEA
Global energy investment is set to face a “staggering” decline this year as a result of the Covid-19 pandemi.
Biobattery
Fortum and KPA Unicon Unveil 49 MW Biomass Plant in Finland
A bio-heating boiler plant delivered for clean energy company Fortum to Espoo, Finland, has been officially handed over for commercial use.
Electric Car
China's Chery Auto Plans to Sell Cars in EU, United States: Chairman
China's Chery Automobile, which has a manufacturing partnership with Jaguar Land Rover, is planning to sell its own-branded cars in the European Union and Unite…
Market Analysis
OPINION: How Electricity Reforms Could Help Boost Indian Economy
The Covid19 pandemic has pushed economies around the world to a near-collapse not seen outside of wartime since the 1930s.
Nuclear Power Plant
Illinois Nuclear Power Plant Set a Record for Outages During Covid-19
Four of Exelon Generation's six Illinois nuclear plants safely completed refueling outages during the COVID-19 pandemic, setting new operational records at each…
Oil Price
Oil Rises on View that Demand may Rebound Beyond Pre-Virus Level
Oil rose as the head of the International Energy Agency forecast demand will likely grow past its level before the global pandemic.
Biobattery
IEA Bioenergy Highlights Potential for Biomass Amid Covid-19
The biofuels arm of the international energy agency, IEA Bioenergy, promotes the potential of biomass energy to alleviate energy concerns during the covid-19 pa…
Microgrid
Sunverge to Install Nanogrid-Style Virtual Power Plant for Maryland Utility
Sunverge Energy has landed a contract to build a residential virtual power plant for Delmarva Power in Maryland, using a nanogrid controller platform.
Renewable Energy
Global Green Energy Growth to Fall for First Time in 20 Years: IEA
Global growth in new renewable energy capacity will experience its first annual decline in 20 years this year amid the coronavirus pandemic but is expected to p…
Oil & Gas Trade
Chinese Oil Demand has Almost Rebounded to Pre-Pandemic Levels
Oil demand in China has almost returned to its level before the coronavirus pandemic spurred the government to impose lockdowns and shut down industries.
Oil & Gas Trade
Coronavirus Creates Repair Headache for Oil and Gas Industry
The coronavirus pandemic has disrupted maintenance at oil and gas projects and refineries from Russia’s Far East to the coast of Canada, storing up problems fo…
Hydropower Plant
Construction of Expanded Hoa Binh Hydropower Plant to Kick Off in Oct 2020
The extended Hoa Binh Hydropower Plant, which is expected to break ground in October 2020, is considered the largest power project to be constructed this year.
Market Analysis
IEA Sees Unique Opportunity for Clean Energy During Covid-19 Crisis
In the midst of a pandemic that’s shaken energy markets to the core and threatens to send the global economy into a depression, renewable energy is holding ste…
Oil & Gas Trade
Pandemic Punches 1.7-Billion-Barrel Hole in Global Oil Demand
The scale of the demand hit means that despite producers implementing unprecedented output cuts, stockpiles will soar this year.
UK Govt Extends Feedback Window for CfD Changes Due to COVID-19
The UK government has extended the consultation period for expressing opinions regarding the planned changes of the Contracts for Difference (CfD) scheme by a w…
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