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Economy
Fraud-struck CG Power Sells Overseas Assets to Repay Debt
The manufacturer of power and distribution transformers is valuing its global assets at around $250 million.
World-Energy Wishes Merry Christmas and All the Best for the New Year
World Energy wishes you and your family a happy holiday season and all the best for the New Year.
Cabinet Approves Renewable Energy Cooperation Agreement with Saudi Arabia
The memorandum of understanding involves upgrading the level of technologies and their applications in the field of renewable energy.
Nuclear Power Plant
Release Radioactive Fukushima Water into Sea or Air?
The economy and industry ministry has proposed gradually releasing or allowing to evaporate massive amounts of treated but still radioactive water at the tsunam…
Saudi Arabia and France Agree to Build Solar Plant Systems
Saudi Arabia’s Al Rushaid Group, whose interests span construction and engineering sectors, signed a joint venture agreement with France’s Optimum Tracker to …
Aramco Stocks Give up about Half of Gains since Debut
Saudi Aramco shares extended their losses for a fourth session, reversing about half the gains accumulated from the rally following its historic trading debut.
EDF's Imtech Acquires Energy Performance Firm Breathe
Breathe was established in 2010 to deliver engineering solutions to reduce energy consumption and carbon emissions, renew infrastructure, save operating costs a…
EIB Will Provide €330 Million to Support the Czech Republic Reinforce Grid Network
CEZ will use the funding to reinforce and refurbish medium and low-voltage networks in Plzeň, Karlovy Vary, Ústí nad Labem, Central Bohemia, Liberec, Hradec …
UK Government Figures Shows: Renewables Outperform Gas
The latest Energy Trends report, published by the Department for Business, Energy and Industrial Strategy (BEIS) shows that in the third quarter of 2019 renewab…
Oil & Gas Trade
Gas to Become Energy Transition’s 'Second Pillar'
The use of gas from all sources will become more important as Germany seeks to decarbonise its economy and phase out nuclear power, the new head of Germany's la…
Market Analysis
ICRA Revises The Power Sector Outlook from Stable to Negative
According to ICRA Research, the all India electricity demand growth declined to 1.2 per cent in 8M FY2020 on a year-on-year basis (YoY) against the 6.4 per cent…
Greenhouse Gas Emissions
Scotland Must 'Walk The Talk' on Climate Change
Action across the economy is needed in the next 12 months if Scotland's new target for greenhouse gas emissions is to be met, a report has warned.
African Union to Develop A Blueprint for A Pan-continental Electricity Network and Market
The agreement to set up a Continental Power System Master Plan between the Bank and AUDA-NEPAD was unveiled recently during a three-day workshop on the sideline…
Will the Midwest Take Advantage of the Emerging Hydrogen Economy?
California is a leader in the use of hydrogen fuel cells, but experts say they’re also well suited for the Midwest.
Zambia Looks to Brazil for Help in Biofuel Industry
Zambia’s Ambassador to Brazil, Dr. Alfreda Kansembe has held bilateral talks with Brazil’s Sugar, Ethanol and Energy companies in an effort to find partners t…
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