It

France

Ceremony Marks Start of Machine Assembly of ITER Reactor in France

France, Saint-Paul-lès-Durance, July 28, 2020. The ceremony marking the start of the machine assembly of ITER, the international experimental tokamak nuclear f…

Investment Guide

China's Investment Cooperation with Countries Along the "Belt and Road" in the First Half of 2020

Chinese companies invested RMB 57.1 billion in non-financial direct investment in 54 countries along the “Belt and Road”.

Hydropower Plant

Software from Powel used for Enel Green Power’s Hydro Plants in Valmalenco, Italy

Enel Green Power is optimising the planning and dispatching processes for its hydropower plants in the Lombardian valley Valmalenco with software from Powel.

Electric Car

Israel Expects Half Of New Cars Sold In 2030 To Be EVs

Israel is preparing for a massive roll-out of electric vehicles on its roads over the next decade and is instructing its cities to build hundreds of charging po…

Energy Technology

World's First Carbon-Negative Hydrogen Project gets Green Light

A final investment decision has been taken to move forward with the world’s first carbon-negative hydrogen commercial pilot project

Pumped Storage

Genex, J-Power Ink Equity Funding Deal for 250-MW K2 Hydro Storage Project

Japan’s Electric Power Development Co Ltd, known as J-Power, has committed to invest up to AUD 25 million in Genex Power Ltd’s 250-MW K2 pumped storage hydro …

Wind Power Project

Spain's Lantania Starts Development of 250 MW of Wind Projects in Galicia

Spanish infrastructure group Grupo Lantania announced last week it has begun works to develop a wind portfolio with a total capacity of 250 MW in the autonomous…

Market Analysis

251GW New Chinese Wind Expected this Decade

China is expected to add 251GW of new wind capacity between 2020 and 2029 but additions will take a 16% hit from next year due to the end of subsidies.

Oil&Gas Drilling

U.S. Offshore Rig Count at 12 for Four Weeks Straight

The U.S. offshore rig count has remained flat for another week, making this the fourth week straight with 12 active units.

United States

Chevron Posts Massive $8.3 Billion Loss

U.S. oil major Chevron hit the red hard as it reported a massive loss of $8.3 billion, or almost $4.5 per diluted share, for the second quarter of 2020.

Wind Farm

Sembcorp Unit Completes 800MW Wind Farms in India

This brings the company’s renewable capacity in India to 1.73GW.

Electricity Transmission

Brazil's State-Owned Eletrobras to Invest $1 Billion a year Through 2035

Brazilian state-owned power company Eletrobras plans to invest 6 billion reais per year until 2035 expanding its power generation and transmission.

Solar Power Plant

Iberdrola to Build Landmark On-Site Solar PV System

Iberdrola has signed a 25-year power purchase agreement with SABIC for the development of a 100 MW renewable energy project in Spain.

Market Analysis

German Solar Installation Hits Record Rate in First Half of 2020

The volume of photovoltaic power put into operation over the first half of 2020 jumped by about 20% compared to last year.

Wind Power Project

RWE to Acquire 2.7GW Renewable Project Pipeline from Nordex

The Nordex Group has selected German electric utility company RWE Renewables as a buyer for its European onshore wind and solar projects.