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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.
Offshore Wind Power
Jan De Nul Completes Changhua Demo Export Wires
Jan De Nul Group has completed the installation of four medium-voltage export cables for Taiwan Power's 109MW Changhua demo offshore wind farm off the coast of …
Germany
Germany Backs Orsted Green Hydrogen Team
Federal government funding approved for the Westkuste 100 project which aims to develop a 700MW electrolyser.
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.
Australia
Singapore-Australia Power Project Fast-Tracked by Australian Government
This will provide extra support such as a single entry point for approvals.
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.
Energy Technology
German Oil Refinery to Build 30 MW Hydrogen Electrolysis Plant
Germany agreed a national hydrogen strategy to help decarbonise the economy, including providing 9 billion euros to help promote new projects.
Crude Oil
Russia is Raising Crude Oil Output as OPEC+ Cuts Ease
OPEC+ producers from Aug. 1 have agreed to slim their output cuts to 7.7 million barrels per day from 9.7 million bpd.
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.
Solar Power Plant
JA Solar Delivers Bifacial Modules for Malaysia's First Solar Project
Chinese solar photovoltaic manufacturer JA Solar has supplied modules for Malaysia’s first bifacial-plus-trackers project.
Market Analysis
Poland to Cease Coal Dependency by 2060
Polish Deputy Prime Minister Jacek Sasin has announced that the country will cease to rely on coal energy by 2060 at the latest.

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251GW New Chinese Wind Expected this Decade

Jan De Nul Completes Changhua Demo Export Wires

Germany Backs Orsted Green Hydrogen Team

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

Chevron Posts Massive $8.3 Billion Loss

Singapore-Australia Power Project Fast-Tracked by Australian Government

Sembcorp Unit Completes 800MW Wind Farms in India

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

German Oil Refinery to Build 30 MW Hydrogen Electrolysis Plant

Russia is Raising Crude Oil Output as OPEC+ Cuts Ease

Iberdrola to Build Landmark On-Site Solar PV System

German Solar Installation Hits Record Rate in First Half of 2020

RWE to Acquire 2.7GW Renewable Project Pipeline from Nordex

JA Solar Delivers Bifacial Modules for Malaysia's First Solar Project

Poland to Cease Coal Dependency by 2060