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Energy market
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…
Saudi Wealth Fund Builds Stakes in Canadian Natural, Suncor
Saudi Arabia’s sovereign wealth fund built stakes in two major Canadian oil sands players during the energy market rout.
Energy Investment
UK Wants to Join Renewable Energy Market in Morocco
Morocco's Minister of Energy, Mines and Environment recently discussed with UK Minister for Investment about British investment opportunities in Morocco and the…
Market Analysis
Renewables Market to Hit $226 Billion by 2021, Despite COVID-19
A new report exploring the impact of COVID-19 on the global market for renewable energy has been released.
Energy Storage Project
Wärtsilä to Deliver 70 MW Energy Storage System in California
Technology group Wärtsilä is finalising a 70 MW energy storage and energy management system project in the California Independent System Operator (CAISO) en…
Coal Production
Coal Generation in Australia's NEM Fell by 1.11GW in Q1
A surge in power outages in February and March in New South Wales drove the decline.
Solar Power Plant
Singapore Achieves 2020 Target to Deploy 350MW of Solar
The country now generates enough clean energy to power about 60,000 households, according to a new report.
Market Analysis
What Place for Hydrogen? An interview with Professor Armin Schnettler of Siemens
An interview with Professor Armin Schnettler, Executive Vice President and CEO of the New Energy Business at Siemens Energy, on the impact of hydrogen on the gl…
Distributed Grid
Australia’s ESB Begins Push to Re-Shape Markets for a Renewables-Dominated Grid
Australia’s principal energy institutions have outlined some of their preferred features of a new energy market that they say is needed to accommodate the mass…
Crude Oil
OPEC’s Plan To Take Over The Global Oil Industry
The first three months of 2020 have shocked the global energy market to its foundations.
Market Analysis
Waste-to-Energy Market to See 6.45 Percent Annual Global Growth Rate to 2025
The world’s WtE market is predicted to achieve a combined annual growth rate for the next five years.
Oil giant Saudi Aramco Sees 2019 Profits Drop 20% to $88.2B
Oil giant Saudi Aramco said Sunday its profits dropped 20% in 2019 to $88.2 billion, a sharp decline coming as the kingdom stands ready to flood an already-weak…
Solar Power Plant
PV and ESS in Japan’s Changing Energy Market Landscape
A land of high energy consumption, reliant on imported fossil fuels, Japan is also globally known as a country where everything from traditional crafts to high-…
Wind Turbine
Coronavirus Predicted to Hit China’s Wind Market by up to 50%
China’s energy market could be badly hit as the coronavirus has halted production on the countries wind turbine installations, according to Wood MacKenzie.
DOE Secretary Says Coronavirus Unlikely to Hurt Energy Markets in Near Term
US Energy Secretary Dan Brouillette played down the effect that a coronavirus outbreak in China would have on energy markets, describing the impact as "marginal…
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