Economy

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.

Crude Oil

Surprise Boost for Nigeria's Economy Comes with Higher Oil Flows

Nigerian economic growth beat estimates in the first quarter as oil production rose to the highest in at least four years.

Energy Investment

A New $1.1bn Venture Fund Unveiled for Renewables Projects Globally

EIG Global Energy Partners has unveiled the EIG Global Project Fund V to help accelerate the implementation of renewables projects globally.

Transportation and Storage are Critical to Advancing the Hydrogen Economy

Guidehouse Insights has released a new report that analyses the developing hydrogen economy and relevant infrastructure, including the current state of hydrogen…

Solar Power Plant

Bravida Buys Stake in Finnish Energy Company Savon Aurinkoenergia

Sweden-based company Bravida has acquired a stake in Finnish solar energy company Savon Aurinkoenergia.

Wind Farm

Engie Secures $210m Loan for Campo Largo Wind Complex

Engie has secured a loan of BRL1.2bn from the Brazilian Development Bank (BNDES) for its renewable power generation project Campo Largo wind complex – phase 2.…

Nuclear Power Plant

Ukraine Passes Bill to Secure Euratom Loan

The Verkhovna Rada, Ukraine's upper house of parliament, has adopted a draft law on nuclear safety that enables state-run nuclear power plant operator Energoato…

Thermal Plant

Bangladesh's 300MW Oil-Fired Plant Bags $199.75 Loans

It’s the first IPP in Bangladesh financed by international commercial financiers.

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…

Energy Transition

A Flexible Energy System Could Aid the UK Achieve Net Zero Economy

The project will investigate the role of flexible energy systems in achieving a net zero economy.

Wind Power Project

UK renewables and storage project pipeline approaches 40GW

Some 38.7GW of renewable projects are currently planned across 845 locations across the UK, according to Cornwall Insight's latest renewables pipeline tracker.

French Group Total Buys up Some Assets from Portugal's EDP

Total's shares on the Paris bourse .FCHI gained 4% in early trade after the deal, and a separate announcement that it was calling off a deal to acquire Occident…

Crude Oil

US WTI Crude Futures Rise Above $30/bl

U.S. benchmark WTI crude futures rose above $30 a barrel for the first time in two months.

Energy Investment

Large Shortfall Emerging in German Green Energy Fund

Germany's fund for renewable energy is likely to run a deficit this year for the first time since 2013.

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…