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Updated 2020 Solar Installation Forecast Sees Rapid Recovery for China
Solar manufacturing was severely disrupted in Q1 2020 as the Chinese national holiday was extended and restrictions were placed on movement.
Market Analysis
Germany Installed 700 MW of PV in First two Months of 2020
According to Germany’s Federal Network Agency (Bundesnetzagentur), the country installed 356.7 MW of PV capacity in February, from 375 MW in the preceding mont…
Power Construction
AfDB Provides €62M for Rural Electrification in Over 1,300 Localities in Côte d'Ivoire
The African Development Bank (AfDB) has recently granted a loan of about 41 billion CFA francs (€62.35 million) to Côte d'Ivoire.
Kenya : Metier Takes 40% Stake in Kaptis Hydroelectric Project
An agreement has recently been signed between Metier and Tembo Power, the company developing the Kaptis hydroelectric project in western Kenya.
LNG
Australian States May Have to Import LNG as of 2024
According to the AEMO, southern and southeastern Australian states will have to import LNG by 2024 to avoid gas shortfalls on peak winter days, as the southern …
Gas turbine engine
Poland’s Dolna Odra Power Plant to Receive GE combined Cycle Units
GE has announced the order of two high-efficiency and lower emission power units to be constructed through consortium at the Polska Grupa Energetyczna Górnictw…
Energy Transition
EU Leaders Back Covid-19 Recovery Strategy that 'Integrates Energy Transition'
European heads of government call for 'coordinated' approach to coronavirus built around investment in Green Deal.
Energy Technology
Bill Gates Invests in Hydropower Technology
Breakthrough Energy Ventures, a company founded by Microsoft founder billionaire Bill Gates, has received an $ 11 million investment in Natel Energy. Natel Ener…
Oil Price
Russia’s Plan To Bankrupt U.S. Shale Could Send Oil To $60
As soon as U.S. shale leaves the market, prices will rebound and could reach $60 a barrel, Rosneft’s Igor Sechin said recently.
EV Market
Europe Needs its Own EV Battery Recycling Industry
Europe needs its own battery recycling industry, and the EU's European Battery Alliance should make it happen.
Oil & Gas Trade
Australia's Woodside Slashes $2 bln in Spending, Delays Key Gas Projects
Woodside Petroleum has halved its 2020 spending forecast and delayed the start of two of its biggest gas projects.
Solar Power Plant
Scatec Solar: ‘Too Early to Predict’ COVID-19 Impacts on Project Completion Timelines
Scatec Solar said it remains too early to predict any potential impact on solar project completion dates from the COVID-19 outbreak while standing by its Q1 202…
Oil Price
Oil Climbs As U.S. Pushes For An End To The Price War
Oil prices continued to rise for the third day in a row, recovering earlier losses as U.S. lawmakers pressure Saudi Arabia to end the oil war.
Oil Price
Not Even The $2 Trillion Stimulus Package Can Save Oil Markets
The package would provide $2 trillion in funding, allocated directly to the White House’s plan which includes purchasing 77 million barrels of oil for the Stra…
Cooperation case
China’s Partnership Diplomacy and the Successful Implementation of the BRI
In recent years, the People’s Republic of China (PRC) has significantly increased its economic and diplomatic engagement with the Middle East region.
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