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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 …
United States
US Coal Power Generation Plummets 30% in 2020, EIA Says
Coal power fell by a record amount last year, and things have gone downhill quickly from there for the embattled sector.
Solar Power Plant
Slovenia’s Solar PV Gets Record Share of Incentives in H1 Since 2013
In the first half of 2020, solar photovoltaic power plants received the record share of Slovenia’s incentives for electricity produced from renewable energy so…
Hydrogen Fuel Cell Vehicle
RONN Motor to Launch Hydrogen SUV in 2022
RONN Motor Group’s new hydrogen fuel cell SUV, known as the Myst, is set for limited release in California and China markets in 2022.
Power Construction
Saint-Nazaire Cable Work Gets Underway
French grid operator RTE has started export cable installation works for the 480MW Saint-Nazaire offshore wind project off France, in the Atlantic Ocean.
United States
Sasol Sees Loss With $6.3 Billion in Writedowns, Oil Slump
Sasol Ltd. said it will swing to a full-year loss per share after writedowns on U.S. chemical assets contributed to 112 billion rand ($6.3 billion) of charges a…
Energy Transition
Croatian President Sets up Energy Transition Council
Croatian President Zoran Milanović has set up an energy transition council, which will be tasked with organizing expert consultations on important issues in th…
Oil Price
Saudi Aramco Profit Drops 50% for First Half of the Year as Pandemic Batters Oil Price
Oil giant Saudi Aramco reported a 50% fall in net income for the first half of its financial year, reflecting a devastating year for oil markets and the global …
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