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Energy Subsidies
Serbia to Spend EUR 1 million on Subsidies for Electric, Hybrid Vehicles
In order to reduce air pollution, purchases of electric and hybrid vehicles will be subsidized with EUR 1 million in 2021.
Solar Power Plant
Florida Power & Light to Bring Over 370 MW of Solar Power Online by End of 2020
Florida Power & Light Company will bring online five solar project by the end of 2020.
Crude Oil
Cambodia Starts First Crude Oil Production After Years of Delays
Cambodia has begun extracting its first crude oil from fields in the Gulf of Thailand, in a venture between Singapore’s KrisEnergy Ltd and the government, both…
Nuclear Power Plant
China: Hot Test of Tianwan Nuclear Power Unit 6 Ended Successfully
On December 29, 2020, the hot test of Tianwan Nuclear Power Unit 6 was successfully concluded, marking a successful end to 2020 and bringing more hope for the u…
Solar Power Plant
Solarcentury to Install 11.2 MW of Solar, 8.5 MW Battery at Mozambique Mine
Australia’s Syrah Resources has signed a deal with Solarcentury to install 11.2 MW of solar and an 8.5 MW battery storage system at a mine in Mozambique.
Crude Oil
Oil Price Rally Fades as OPEC’s Plans Overshadow U.S. Stimulus
A brief rally in crude oil deflated Monday as investors ignored a broader market surge that pushed equities to an all-time high and focused instead on looming n…
Solar Power Plant
MOZAMBIQUE: Solar Century to Install a PPP Solar System for Syrah
Australian graphite mining company Syrah Resources wants to install an 11.2 MW solar-hybrid system at its operations in Balama, Mozambique.
Energy Storage Project
Terra-Gen and Mortenson Will Build Solar-Plus-Storage Project
New York-based renewable energy developer Terra-Gen has collaborated with construction firm Mortenson to build what they claim is the world’s largest standalon…
Offshore Wind Power
CGN Starts Wind Farm with Hybrid Wind Turbines
The project saw its first turbine installed at the site off Guangdong province in July last year, and its first batch of wind turbines commenced operations in O…
Power Construction
New Hitachi ABB Power Grids Switchgear to Debut Offshore China
Hitachi ABB Power Grids has introduced a 72.5 kV high-voltage hybrid switchgear for offshore wind – Plug and Switch System (PASS) M00 – Wind.
Nuclear Power Plant
Fukushima Nuclear Debris Removal Delayed by Virus
The removal of nuclear debris from Japan's crippled Fukushima power plant will be delayed by about a year, because the pandemic has set back development of spec…
Brexit
Finnish-British Trade has Declined Before Brexit
Imports from January to September totaled 1.2 billion euros, a drop of less than 4%.
Oil Price
Oil Moves Higher on Brexit Deal, U.S. Inventory Draw
Oil prices moved higher on Thursday as news that Britain and the European Union had signed a post-Brexit trade deal, as well as a draw in U.S. inventory sparked…
Crude Oil
Rystad Expects 2021 to Bring Largest Crude Deficits in Years
The Covid-19 pandemic has devastated crude and condensate demand in 2020, creating massive supply surpluses and filling up inventories, causing producers to sla…
Hybrid Power Plant
MALI: KYA Energy Group Installs 6 Hybrid Mini-Solar Power Plants in Two Regions
KYA Energy Group, a supplier of solar energy systems in West Africa, has just completed the installation of six solar hybrid power plants in Mali.
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