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Economy
Wind Power Project
Greencoat UK Wind to Acquire Scottish Wind Project for £320m
Greencoat UK Wind, the UK investment company, has agreed to buy South Kyle Wind farm in Scotland for £320m.
Solar Power Plant
KKR to Buy 317MW of Solar Energy Assets from India's SP Infra
KKR, the global investment firm, has bought five solar assets from Indian infrastructure developers.
Ireland’s Iirst Renewables Auction
Clean energy developers have three days left to pre-qualify for the first procurement exercise staged by the Irish Renewable Electricity Support Scheme. Solar w…
Beach Energy Vows to Defend Itself After US Drilling Company Lobs Suit
Bankrupt Diamond Offshore Drilling has sued ASX-listed oil and gas producer Beach Energy for abruptly terminating a $US65 million ($101 million) drilling contra…
US $350m Funding Secured for Spotsylvania Solar Energy Center in Virginia, US
US $350m funding for Spotsylvania Solar Energy Center in Spotsylvania County, Virginia, US has been secured. At 620 MW DC, this is the largest solar project eas…
Wind Farm
Masdar Refinances Stake in London Array Windfarm
Masdar Energy UK, a wholly-owned subsidiary of UAE clean energy group Masdar, has refinanced its stake in the London Array offshore windfarm.
Energy Investment
KKR to Buy Five Solar Assets from SP Group for $200 Million
Ending months of negotiations, KKR has agreed to buy 5 solar assets of 317 MW from the cash strapped Shapoorji Pallonji Group for $200 million, said people in t…
Oil & Gas Trade
Covid-19: Saving Nigeria from the Peril of Oil Economy
It is no gainsaying the fact that the global pandemic Coronavirus has made the world economy to shrink. With a sudden shutdown of most countries to contain the …
Leeward Secures $162.9m Financing for Colorado Wind Farm
US-based independent power company Leeward Renewable Energy has completed financing for its 170MW Mountain Breeze wind farm located in Colorado.
Market Analysis
America’s Green Fuel Is Likely to Escape Negative Prices
The American ethanol industry has been absolutely pummeled in the last year, forcing a wave of production shutdowns across the Midwest.
Market Analysis
NAMIBIA: $63.23 Million Invested in Environmental Preservation Over 5 Years
According to a report recently released by the government of Namibia, N$1.2 billion (US$63.23 million) has been invested in environmental conservation. The fund…
Oil Price
Equinor Cuts First-Quarter Dividend by 67% Amid Oil Price Crash
Norwegian oil firm Equinor (EQNR.OL) will cut its quarterly dividend payment by two-thirds as part of an effort to preserve cash amid the collapse in crude pric…
Market Analysis
Why The World Is Still Pumping So Much Oil Even As Demand Drops Away
With the global economy in a pandemic-induced coma, the world just doesn't need a lot of oil.
Market Analysis
Renewables will Provide Over 25% of US Capacity within 3 yrs
FERC's latest monthly "Energy Infrastructure Update" report (with data through February 29, 2020) also reveals that wind and solar are on track to each provide …
Coal Mine
Citi Stop Working with Hermal Coal Miners, to Reject Funding for Arctic Oil, Gas Exploration
Citigroup will stop providing financial services to thermal coal-mining companies over the next 10 years to help accelerate the economy’s shift away from fossi…
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