En

Pumped Storage

Genex, J-Power Ink Equity Funding Deal for 250-MW K2 Hydro Storage Project

Japan’s Electric Power Development Co Ltd, known as J-Power, has committed to invest up to AUD 25 million in Genex Power Ltd’s 250-MW K2 pumped storage hydro …

Wind Power Project

Spain's Lantania Starts Development of 250 MW of Wind Projects in Galicia

Spanish infrastructure group Grupo Lantania announced last week it has begun works to develop a wind portfolio with a total capacity of 250 MW in the autonomous…

Market Analysis

251GW New Chinese Wind Expected this Decade

China is expected to add 251GW of new wind capacity between 2020 and 2029 but additions will take a 16% hit from next year due to the end of subsidies.

Germany

Germany Backs Orsted Green Hydrogen Team

Federal government funding approved for the Westkuste 100 project which aims to develop a 700MW electrolyser.

United States

Chevron Posts Massive $8.3 Billion Loss

U.S. oil major Chevron hit the red hard as it reported a massive loss of $8.3 billion, or almost $4.5 per diluted share, for the second quarter of 2020.

Australia

Singapore-Australia Power Project Fast-Tracked by Australian Government

This will provide extra support such as a single entry point for approvals.

Wind Farm

Sembcorp Unit Completes 800MW Wind Farms in India

This brings the company’s renewable capacity in India to 1.73GW.

Electricity Transmission

Brazil's State-Owned Eletrobras to Invest $1 Billion a year Through 2035

Brazilian state-owned power company Eletrobras plans to invest 6 billion reais per year until 2035 expanding its power generation and transmission.

Energy Technology

German Oil Refinery to Build 30 MW Hydrogen Electrolysis Plant

Germany agreed a national hydrogen strategy to help decarbonise the economy, including providing 9 billion euros to help promote new projects.

Solar Power Plant

Iberdrola to Build Landmark On-Site Solar PV System

Iberdrola has signed a 25-year power purchase agreement with SABIC for the development of a 100 MW renewable energy project in Spain.

Wind Power Project

RWE to Acquire 2.7GW Renewable Project Pipeline from Nordex

The Nordex Group has selected German electric utility company RWE Renewables as a buyer for its European onshore wind and solar projects.

Market Analysis

Poland to Cease Coal Dependency by 2060

Polish Deputy Prime Minister Jacek Sasin has announced that the country will cease to rely on coal energy by 2060 at the latest.

China

China to Add 251GW of New Wind Capacity by 2029

China is expected to add 251 gigawatts (GW) of new wind capacity between 2020 and 2029, says Wood Mackenzie. The country’s wind power market could reach a cumu…

Hydropower Plant

Enel Enters into 164MW PPA in Guatemala

Enel Green Power has signed a power purchase agreement with Guatemalan energy distributor Comercializadora de Energia para el Desarrollo.

Solar Power Plant

EDF Makes 200MW Solar Power Play in Nevada

EDF Renewables North America has signed a 22-year power purchase agreement with NV Energy for the supply of electricity from the future Chuckwalla solar farm in…