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Energy Investment
Fluence Gets $125 million Energy Storage Investment Boost from Qatar
The Qatar Investment Authority has committed $125 million investment to global energy storage provider Fluence.
Market Analysis
Wood Mackenzie’s Top Ten Predictions for Energy in 2021
Wood Mackenzie analysts on what we should expect in energy in the coming year, from oil markets to solar costs and coal exports to EVs.
Oil & Gas Trade
Angolan Crude Exports Confirmed Lower in February
The final version of Angola's February crude loading programme sets exports at 1.13mn b/d, down from 1.18mn b/d scheduled for January.
Solar Power Plant
Vikram Solar Module Factory gets Rooftop PV Plant
The 919.73 kWp captive solar plant at the module manufacturer’s Falta unit in West Bengal uses multiple PV technology advancements, including its own SOMERA mo…
Paris Climate Agreement
India Only Major Country set to Achieve Targets of Paris Agreement: PM Modi
PM Modi attended the centenary celebrations of Visva-Bharati University in Shantiniketan, West Bengal, via video conferencing today.
Nuclear Power Plant
Belarus Unit Starts Pilot Operation
Unit 1 of the first nuclear power plant to be built in Belarus started pilot operation yesterday, Russia's Rosatom has announced.
Solar Power Plant
Brazil Hits 7 GW Mark, Targets 45% Renewables by 2050
Brazil has installed around 3 GW of large-scale solar capacity, in addition to 4 GW in the distributed-generation PV segment.
OPEC
Russian Energy Ministers Tells Biden Not To Disturb Oil Markets
Joe Biden’s presidency will hopefully not interfere with OPEC+ actions taken to rebalance oil markets, Russian Deputy Prime Minister and former Energy Minister…
Oil Field
Gazprom & LUKOIL Sign Master Agreement to Develop Two Fields
Alexey Miller, Chairman of the Gazprom Management Committee, and Vagit Alekperov, President of LUKOIL, signed the Master Agreement on the terms of the developme…
Crude Oil
OPEC+ Plans To Meet More Frequently To Discuss Oil Market Balancing
OPEC+ will take a more hands-on approach to global oil markets now that it plans to meet more frequently, citing the leaders of the group, Saudi Arabia and Russ…
LNG
Shell Divests LNG Stake For $2.5 Billion
Shell has sold a 26-percent stake in an Australian LNG project to Global Infrastructure Partners for $2.5 billion as part of efforts to reduce the weight of non…
Nuclear Power Plant
Fennovoima Gets Basic Design Documentation for Finnish Nuke Plant from Rosatom
According to Rosatom, the package has been reviewed by Fennovoima’s specialists and conditionally accepted for further work.
Solar Power Panel
Trina Solar Vertex 210mm Modules Sets New Cost-Saving Standard
NV GL evaluated the LCOE advantage and value of Vertex 210mm modules
Germany
German System Operators E.ON and Amprion Agree on Cooperation
DSO-TSO cooperation in Germany gets a boost with an agreement between the DSO E.ON and TSO Amprion.
Electricity Transmission
Integrated UK Grid from 2025 ‘Extremely challenging’
National Grid Electricity Systems Operator believes using shared transmission to link UK wind farms from 2025 could result in missed 2030 deployment targets of …
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