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Energy Investment
EDP Renováveis to Sell Stake in US Renewable Assets for $700m
Spanish firm EDP Renováveis has agreed to sell its stake in a US wind and solar portfolio to Connor, Clark & Lunn Infrastructure for $700m.
Crude Oil
Mexico CoMexico Could Be Forced To Cut Oil Production Target For 2021
Mexico will likely cut its crude oil production targets for next year, citing a ruling party lawmaker in Mexico.
Energy Storage System
Flywheel-Lithium Battery Hybrid Energy Storage System Joining Dutch Grid services markets
A hybrid energy storage system combining lithium-ion batteries with mechanical energy storage in the form of flywheels has gone into operation in the Netherland…
Lithuania
Lithuania Pulls Outs of BRELL Power Reserve Agreement
Lithuania has opted out of the so-called BRELL agreement, which obligates it to exchange emergency electric power reserves with Latvia, Estonia, Russia and Bela…
Energy Storage Battery
The Battery Breakthrough That Could Transform An Entire Industry
A team of researchers in India has introduced an eco-friendly and energy-efficient battery that is being touted as “the future” of batteries — not only for t…
Market Analysis
Wind Sets New Record Supplying 60% of UK’s Power
RenewableUK is highlighting a new record set on Wednesday 26th August 2020 when wind power generated 60% of Britain’s electricity.
Hydropower Plant
Uzbekistan’s Hydropower Sector Gets €55.8 Million French Aid
The Ministry of Energy of Uzbekistan has signed a loan agreement worth €55.8 million with the French Development Agency to finance a series of projects in Uzbe…
Energy Investment
KEPCO KPS to Acquire Manikaran’s Stressed Power Assets in India
Korea Electric Power Corporation KPS has reportedly planned to acquire and operate stressed power plants from Manikaran Power in India.
Solar Power Plant
Citicore Plans Solar Projects to Turn Out 1,500MW
Citicore Renewable Energy Corporation, subsidiary of Filipino firm Citicore Power, targets to ramp up its solar farm developments for an aggregate capacity that…
Energy Storage Battery
‘First mover’ Key Capture Energy putting 200MW of LFP batteries online in Texas
Key Capture Energy will build three large-scale energy storage systems to participate in Electricity Reliability Council of Texas energy markets
commissioning of three (03) generator sets
Tenders are invited for Supply, delivery, installation and commissioning of three (03) generator sets and relocation of one (01) genset
Market Analysis
Origin Braces for Tougher Year as Virus Hammers Energy Markets
Australian power giant Origin Energy is bracing for a tougher-than-expected year ahead as lower wholesale electricity prices erode profits and the oil price cra…
Coal Mine
The World’s Top Miner Broadens Plans to Exit Coal Operations
BHP Group will broaden plans to exit coal operations and review opportunities to shed aging oil and gas assets under new CEO Mike Henry’s more urgent push to r…
Australia
Western Australia to Invest $22M to Accelerate Renewable Hydrogen Future
The Western Australia Government of Premier Mark McGowan will bring forward the Western Australian Renewable Hydrogen Strategy targets by a decade and invest $2…
Wind Turbine
Opdenergy Completes $103 Million Financing for Two Projects in Chile
OPDEnerg, a company that specializes in the development, financing, construction and operation of renewable assets, has announced the closing of a $103 million …
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