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Energy Transition

Asia Reassesses Energy Transition Strategies

Asia has reassessed its energy transition strategies by accelerating utility digital transformation.

Hydropower Plant

IFC Study Assesses Human and Eenvironmental Impact of Nepal Hydropower Project

The World Bank’s International Finance Corporation has released recommendations of its Cumulative Impact Assessment of the Trishuli River Basin.

Nuclear Technology

US Announces Plan to Put Nuclear Power on the Moon

Battelle Energy Alliance, LLC, the managing and operating contractor for the U.S. Department of Energy’s Idaho National Laboratory.

Solar Power Plant

Octopus Renewables Buys 14 French Solar Farms for $69.7m

Energy supply company Octopus Renewables Infrastructure has acquired 14 solar photovoltaic farms in France.

Wind Power Project

Chevron and Algonquin to Co-Develop Renewable Energy Projects

Chevron USA has signed a four-year agreement with Algonquin Power and Utilities to co-develop renewable power projects.

Tanzania

TANZANIA: Tanesco Appoints Three Consultants for Two Hydropower Projects

Multiconsult Norge AS, a Norwegian consulting engineering firm has recently been chosen by the Tanzania Electric Supply Company Limited (Tanesco) to provide con…

Germany

EnBW Soars on Stellar Renewables Return

EnBW banked adjusted earnings before interest, tax, depreciation and amortisation of €426m from its renewables division for the first six months of 2020

Wind Turbine

Nordex Delivers First Turbines under 300MW UKA Agreement

Nordex has delivered turbines for the first project in Germany that forms part of a 300MW framework agreement with wind farm developer UKA.

Wind Turbine

OHT Lines up Deal to Build Two New Jack-ups

Norwegian heavy transport and installation contractor OHT has entered into a binding heads of agreement with a Chinese shipyard for the construction of two next…

Offshore Wind Power

CIP and MHI Team up for Japanese Offshore Wind

Mitsubishi Heavy Industries (MHI) and Copenhagen Infrastructure Partners (CIP) have entered into a joint venture to develop offshore wind projects in Hokkaido, …

Market Analysis

European Oil Major Trading Units Provide Buffer in Rough Second Quarter

The trading units of European oil and gas majors have shielded their second-quarter results from the full force of the corona-induced collapse in demand for fue…

Market Analysis

Oil Demand May Never Recover from COVID-19 Crisis, says Shell CEO

Global oil demand might never return to levels seen before the outbreak of the COVID-19 epidemic.

Electricity Trade

World Bank Programme to Enable Electricity Trade in West Africa

The World Bank Board of Directors approved a total of $300 million in International Development Association (IDA) credits and grants to support reforms that wil…

Solar Power for Home

FMO Funds Distribution of Solar Home Systems in Côte d’Ivoire

Solar home system provider, Lumos, has secured new funding from Dutch entrepreneurial development bank, FMO, to expand its provision of solar home systems in C…

Power Construction

Nigeria’s Grid is Set for a Make-Over to Boost Capacity

Siemens’ pre-engineering contract to expand Nigeria’s grid capacity to 25,000MW has been approved.