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Market Analysis

Iberdrola’s Onshore Wind Power Now Stands at 18,810 MW

Onshore wind power now stands at 18,810 MW, after growing by 11%, and solar energy almost doubles its capacity, to exceed 2,200 MW.

Solar Cell

Jolywood Increase the 16 GW High-efficiency N-TOPCon Monocrystalline Cell Project

Jolywood intends to issue no more than 326,888,207 shares to specific objects, and the total amount of funds raised does not exceed 2.5 billion Yuan.

Crude Oil

Iraq's Crude Oil Exports Exceed 86 mln Barrels in June

Iraq's Ministry of Oil said on Thursday that the country exported 86.76 million barrels of crude oil in June, bringing in revenues of about 6.14 billion U.S. do…

Wind Turbine

Jan De Nul Completes Turbine Installation at Taiwanese Offshore Wind Farm

The project teams of Jan De Nul and Hitachi now proceed with the termination and commissioning process of the complete offshore wind farm.

Nuclear Equipment

31 Highly Radioactive Waste Containers at Fukushima Daiichi Nuke Plant Past Lifespans

Thirty-one containers of highly radioactive sediments at the Fukushima Daiichi nuclear plant have exceeded their lifespans

Oil Price

Gasoline Prices hit $3 As Shortages Grow on U.S. Pipeline Outage

U.S. average gasoline prices exceeded $3 a gallon for the first time in more than six years amid growing shortages of fuel across the South and East while Colon…

Offshore Wind Power

Rystad Energy: Set for Surge in Global Offshore Wind Expenditure

The offshore wind industry’s global installed capacity is set to exceed 250 GW by 2030, driven by a surge in coming projects, a Rystad Energy report shows

Australia

Construction Commences on Kidston Pumped Storage Project, Australia

Genex Power Limited has given the go ahead for construction to proceed on two key contracts for the 250MW Kidston pumped storage hydro project.

LNG

Vires Energy Obtains Nod to Proceed with LNG Hub

The Department of Energy said over the weekend it approved the application of Vires Energy Corp., controlled by A Brown Company Inc., to proceed with its propos…

Oil Refinery

Duqm Refinery Project Marks 80% Progress

Duqm Refinery and Petrochemical Industries Company has announced that the progress in Duqm refinery project exceeded 80 per cent by end of March and increase fr…

Microgrid

Saudi Arabia’s Desert Technologies To Fund Solar Projects In Nigeria

Despite being the leading economy on the African continent in terms of GDP, the installed electrical capacity in Nigeria does not exceed 12,522 MW, as only 36 p…

Offshore Wind Power

Zimbabwe Plans to Produce 100 MW from Wind Energy

Government is mobilising additional funds to undertake an assessment on possible sites for wind farms after initial bids for the project markedly exceeded the b…

Natural Gas

Santos Takes FID on $3.6bn Barossa Gas Project

Australian energy giant Santos has taken a final investment decision to proceed with Barossa, the $3.6 billion gas and condensate project, located offshore Aust…

Oil Price

Oil Slides Toward $60 Ahead of OPEC+ Meeting to Boost Global Supply

Crude oil prices have weakened on Tuesday as OPEC and its allies are expected to decide how to proceed with the collective production cuts from April onwards.

Market Analysis

Global Nuclear Power Share to Rise 15pc by 2030

The capacity of nuclear power worldwide of around 400,000 MW , meeting 10% of global electricity generation, is forecast to exceed 500,000 MW by 2030.