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United States

Mitsubishi Power and Entergy Partner for US Decarbonisation

Mitsubishi Power and Entergy have signed a joint development agreement to bring decarbonisation projects to Entergy’s US utility businesses.

Supply and installation of system for automation of the energy sales activities

Supply and installation of system for automation of the energy sales activities of Badakhshon Energy Company

Electricity Trade

Siemens Wins Contract for 400Kv Turnkey Iraqi Substation

Siemens Energy has been awarded a contract by the Iraqi Ministry of Electricity for a turnkey 400- kilovolt substation located about 20 km away from Ramadi city…

Offshore Wind Power

BI Energia Signs Protocol of Intentions with RN for Offshore Wind Energy in Brazil

The agreement provides for the installation of 624 MW of wind power on the coast of Rio Grande do Sul, after the license was denied to the company’s wind farm …

China

China's First Domestic-Support Deepwater Oilfield Cluster Begins Production

​China's first domestic-support deepwater oil and gas project, Liuhua 16-2 offshore oil fields cluster, has started operation after 30 months of construction. …

Thermal Plant

Iran To Build New Power Plant With Russia

Iran's Energy Minister Reza Ardakanian has said this week that the joint construction operations of the thermal power plant in the southern province of Hormozga…

Energy Storage Project

NY Governor Announces First Completed Community Solar Plus Energy Storage Project

Project to reduce energy costs for approximately 150 households in Westchester County and New York City, provide power to 12 Tesla EV supercharging stations.

Poland

Poland's Coal Production Down by 15.8 pct y/y in August

Production of coal in Poland fell by 15.8 percent year on year in August 2020, reaching 4.24 million tonnes, the Central Statistics Office announced on Wednesda…

Crude Oil

EIA Sees Global Oil Market Balancing By End-2021

The OPEC+ production cuts and curtailments in the United States are set to help global inventories to continue drawing down for the rest of the year and most of…

Mexico

Mexico May Delay Energy Reform

Mexico could delay its planned energy sector reform until next year after President Andres Manuel Lopez Obrador asked regulators this week to help prop up state…

Portugal

Portugal and the Netherlands Sign Green Hydrogen Agreement

The transportation of green hydrogen from Portugal to the Netherlands will be explored thanks to a new memorandum of understanding signed between the countries.

Market Analysis

Old Green Power Plants Seek to Regenerate as Germany Turns off Subsidies

Wilfried Haas owns a 3 kilowatt solar system which has been running as a micro power station since 1992, helping Germany, Europe's largest economy, curb its dep…

Austria

Austrian Utility OMV Sells Gas Pipeline Unit to Verbund

Austrian utility OMV said on Wednesday it will sell a majority stake in its gas pipeline subsidiary to rival Verbund, a deal that will help OMV reduce debt and …

Electric Vehicle Battery

Tesla's Value Drops $50 Billion as Musk's Promised Cheaper Battery 3 Years Away

Investors slashed $50 billion from Tesla Inc's market value on Tuesday despite CEO Elon Musk's promise to cut electric vehicle costs so radically that a $25,000…

Clean Energy Transition

UK Urged to Unveil New Grid Target for Complete Hydrogen Revolution

The UK government must introduce a new hydrogen target for Britain’s gas grids to start turning the country’s zero-carbon hydrogen ambitions into a reality, s…