C

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.

Solar Cell

Stanford Scientists Gain Insight on Polaron Distortion in Perovskite Solar Cells

Polaron formation in perovskite solar cells has been indicated in scientific research as a possible factor for making this kind of cell particularly efficient, …

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…

Wave Energy

Philippines’ ERC Denies Feed-in-Tariff for Ocean Energy

The Energy Regulatory Commission of the Philippines has denied the petition filed by the National Renewable Energy Board for Feed-in-Tariff for electricity gene…

Oil Field

Italy’s ENI and UAE’s SNOC Begin Gas Production from Mahani Field in Sharjah

Italian energy major ENI and Sharjah National Oil Corporation from the United Arab Emirates announced on January 4 production start-up from the Mahani field, lo…

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.

Clean Energy Transition

RES Built 2.2GW of Clean Power in 2020

RES completed construction of 2200MW of new renewable energy projects in 2020, bringing the total volume of operational developments the company supports to 7GW…

Carbon Neutral

Exxon Reveals Full Scope of Fuel Emissions for First Time

Oil giant has come under pressure from activist investors.

Hydropower Plant

GE Signs Agreement with BE Power to Accelerate 400 MW Pumped Hydro Project in Australia

Nearly half of the more than 8 GW of hydropower capacity operating in Australia today is powered by our turbines, generators or both.

Microgrid

A Look at the Year Ahead and How Microgrids Are Shaping the Power Industry

2020 was a transformative year for the power sector, underlining both new challenges and potential opportunities.

Solar Power Plant

Nigeria Electrification Project Energises Another Community

The Shimankar community has joined a number of communities across Nigeria that are experiencing social and economic progress facilitated by the solar mini-grids…

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.

Iran

Strait of Hormuz: The World's Most Important Oil Artery

Iran's Revolutionary Guards Corps seized a South Korean-flagged tanker in Gulf waters and detained its crew, amid tensions between Tehran and Seoul over Iranian…