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Solar Power Plant

Dubai Achieves Record Low PV Tariff for 900 MW Solar Project

Dubai Electricity and Water Authority (DEWA) has awarded the fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park to an ACWA-Power-led consortium.

Oil Price

OPEC+ Oil Production Hits 13-Month High As Output Cuts Start

​After the collapse of the previous OPEC+ deal in early March, OPEC opened the taps in April, pumping at its highest level in 13 months.

Solar Power Plant

Invenergy Georgia Solar Energy Centre Begins Commercial Operations

​Global sustainable energy solutions developer Invenergy has announced the start of commercial operations of its 160MW Southern Oak solar energy centre.

Wind Farm

Ørsted’s Borssele Offshore Wind Farm Delivers First Power

​Danish renewable energy company Ørsted has announced that its 752MW offshore wind farm Borssele 1 and 2 generated the first clean power to the Dutch grid.

Electric Vehicle Charging

Hitachi and Gridserve Partner on Multi-Million-Pound Renewable Deal

Hitachi Capital UK and UK renewable energy company Gridserve Sustainable Energy have signed a partnership agreement to develop solar farms and solar-powered ele…

Solar Company

DEWA Signs PPA for Fifth Phase of Dubai Solar Park

​Dubai Electricity and Water Authority (DEWA) has signed a power purchase agreement (PPA) for the 900MW fifth phase of Mohammed bin Rashid Al Maktoum solar par…

Gas power plant

OPG’s Atura Power to acquire three natural gas-fired plants

The acquisition is valued at approximately C$2.8bn ($2bn) and dependent on customary closing adjustments.

Oil Price

OPEC Daily Basket Price Stands at $14.36 a Barrel Wednesday

The price of OPEC basket of thirteen crudes stood at $14.36 a barrel on Wednesday, 29th April, 2020, compared with $12.41 the previous day, according to OPEC Se…

Oil & Gas Trade

Azerbaijan's SOCAR Says BP to Cut Oil Output by 76,000 Bpd in May-June

​ Azerbaijan’s state energy company SOCAR said on Thursday that BP, which leads a number of big energy projects in the former Soviet country, will cut its oil…

Solar Technology

New Material Processing Steps Significantly Improve Operational Stability of Hybrid Perovskite Solar Cells

Silicon has long been the conventional material of choice for solar cells, which convert energy from the sun into electricity. However, because light absorption…

Wind Farm

Vattenfall Green Lights Its Largest Onshore Wind Farm in the UK

Vattenfall enters a partnership with Greencoat UK Wind and gives the green light to the construction of South Kyle.

Energy Storage Battery

SK Innovation to Additionally Invest US$727 Mil. to Build 2nd EV Battery Plant in U.S.

SK Innovation has decided to invest US$727 million to build a second electric vehicle (EV) battery plant in Georgia, the United States.

Coal Production

Coal Exit Plans on the Rise in Asia

Lenders could follow after Mizuho's move to shun financing of coal-fired power.

Oil & Gas Trade

Belarus Buys First Oil from Saudi Arabia: Refiner Belneftekhim

Belarus, long dependent on Russian oil, has bought its first barrel of crude from Saudi Arabia.

Crude Oil

Oil Major Chevron Could Be Forced To Cut Oil Production In Kazakhstan

Kazakhstan is in talks with the companies operating its two sizeable offshore oil projects to reduce total output by 22 percent in compliance with the latest OP…