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Energy Investment
EDP Brasil Signs Agreement to Acquire AES Inova
Electric utility company EDP Brasil has signed an agreement to acquire AES Inova, a distributed generation investment platform of AES Brazil.
Oil & Gas Trade
S.Korea's Feb Crude Oil Imports Slide 14.7% y/y - Preliminary Data
South Korea's February crude oil imports fell 14.7% to 73.6 million barrels from a year earlier, preliminary data from the Ministry of Trade, Industry and Energ…
Crude Oil
Oman Starts New Energy Company As it Seeks to Leverage Oil Block
New government-owned Omani energy company is established as it seeks to use its largest oil block to raise debt
Offshore Wind Power
SGRE Turbines Tabbed for French Offshore Wind Project
Siemens Gamesa Renewable Energy announced it was awarded the firm order from the EDF Renewables-Enbridge-wpd consortium for the 448-MW Courseulles-sur-Mer offsh…
Graphene
The Advantages of Graphene for Photovoltaics
Enel Green Power is taking part in the EU-backed GRAPES project to research new applications for a very versatile material called graphene which boosts the effi…
India Renewable Energy Giant ReNew Power Preps For Nasdaq Listing
Ending years of speculations about its listing at stock markets, one of India’s leading renewable energy companies — ReNew Power — has announced plans for li…
Rooftop PV System
Victoria’s Minimum Solar Feed-in Tariffs to Drop by 34%
The delicate balancing act between incentivising rooftop solar uptake, versus moderating its effects on the grid and electricity markets continues, with the Vic…
Tidal Energy
North America’s Oldest Tidal Power Plant Set for Closing
Nova Scotia Power, the owner of the Annapolis Tidal Generating Station, has decided to retire the 37-year-old power plant following a failure related to its ele…
Solar Power Plant
Goldman Sachs Partners for US Solar Spree
Bank's renewables arm to initially acquire 55MW of community PV in New York state from SMT Energy.
Carbon Neutral
South Korea and Visegrád Four to Further Economic Cooperation
The first forum took place four months ago.
Market Analysis
China's Coal Consumption Share Falls to 56.8% at End-2020
The rapid rollout of renewable-energy capacity and the growing use of natural gas has helped reduce the share of coal consumption from around 68% over the last …
Mexico
Mexican State Oil Firm Pemex Reports $23 Billion Loss in 2020
The company said it had faced "the worst crisis in its history" last year due to the health crisis sweeping the planet.
Hydrogen Project
Saudi Arabia Plans to Export Green Hydrogen to Europe by Pipeline
Hydrogen has become a popular alternative fuel among Gulf oil producers looking to diversify their energy sources
United States
US to Review Reliance on Critical Minerals Supply from Overseas
The order will also start yearlong reviews into the six sectors: energy, food production, information technology, defence, public health, and transport, to dete…
Electricity Transmission
New York Begins Construction on $854m Transmission Project
The New York State government has started construction of the $854m Marcy to New Scotland Transmission Upgrade Project in the US.
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