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Nuclear Power Plant

Czech Government to Provide Loan for CEZ’s Nuclear Power Station

The Government of the Czech Republic has reportedly agreed to offer an interest-free loan to state-controlled utility company CEZ, to help with construction cos…

Solar Power Panel

China's Trina Solar Launches Two 600 Watt Solar Panels

China’s Trina Solar on Monday said it has launched two 600 Watt Vertex series solar panels.

Offshore Wind Power

Fugro Begins Survey of two Vattenfall Offshore Wind Sites in UK

Surveying and assessment company Fugro has started gathering data on two major offshore UK wind development sites for Vattenfall.

Hydrogen Fuel Cell

SoCalGas Begins Using Fuel Cells for Microgrid Power

Southern California Gas has started powering two of its facilities with solid oxide fuel cells made.

LNG

LNG Markets May Not Recover Until 2021

The cash margin for U.S. LNG exporters improved slightly in the second quarter, but will likely remain negative for the duration of 2020.

Oil & Gas Trade

Kuwait's Oil Sector Cancels Several Tenders & Projects to Cut Costs

Kuwait Petroleum Corporation and its subsidiaries have started to cancel a large number of unimportant tenders and contracts within the budget of the current fi…

Germany

German Hard Coal Imports Could Fall by 16-30% in 2020

Germany's imports of hard coal will likely decline by between 16 and 30 per cent in 2020, importers group VDKi forecast on Thursday.

Energy Investment

Castlelake's Ibitu Energia to Invest $837m in Renewable Energy Assets

Brazil's Ibitu Energia has reportedly planned to invest nearly $837m in renewable energy assets over the next five years.

Electricity Transmission

Britain's National Grid Starts Construction on UK-Denmark Electricity Link

Britain's National Grid said on Monday it had started construction on Viking Link, an electricity interconnector between Britain and Denmark.

LNG

Cyprus Starts Work on First LNG Import Terminal

Cyprus has started building its first LNG import facility at Vassilikos, the nation’s largest and most expensive energy project.

Coal Trade

Indian Thermal Ccoal Imports at Major Ports Decline 35% to 17.71 MT in April-June: IPA

Thermal coal imports at India's 12 major ports dropped 34.70 % to 17.71 million tonnes (MT) in the first quarter of the current fiscal.

Crude Oil

OPEC and Russia May Ease Oil Production Cuts

Saudi Arabia, the world’s largest oil exporter, and other major oil-producing countries are likely to increase their output in August.

Coal-Fired Power Plants

Japan to Stop Support for Overseas Coal-Fired Plants After Criticism

The Japanese Government is reportedly planning to stop offering financial support for the construction of overseas coal-fired power plants as it faces criticism…

Wave Energy

CorPower Establishes €16m R&D Facility for Wave Energy in Portugal

CorPower is establishing a €16 million facility in Portugal for research, development and manufacturing of wave energy converters.

SoftBank May Divest Stake in Indian Green Energy Firm SBG Cleantech

Japanese conglomerate SoftBank Group is reportedly in talks to sell its 80% stake in Indian green energy firm SBG Cleantech.