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Oil Shale
Blackstone Shale Oil Venture Gavilan Resources Files for Bankruptcy
Blackstone Group’s Gavilan Resources LLC filed for Chapter 11 bankruptcy late on Friday.
Energy Investment
Large Shortfall Emerging in German Green Energy Fund
Germany's fund for renewable energy is likely to run a deficit this year for the first time since 2013.
Gas Turbine
Siemens Powerhouse Gas Turbine Travels to the UK for Testing
The largest, most powerful, and most efficient heavy-duty gas turbine that Siemens has produced to date was loaded onto an inland cargo ship today in Berlin
Wind Farm
Northwester 2 Wind Farm Begins Supplying Energy to Belgian Grid
Offshore wind farms developer Parkwind has announced that the 219MW Northwester 2 wind farm has begun supplying clean energy to the Belgian grid.
Wind Turbine
Vattenfall Awards Maintenance Contracts to UK and Danish Companies
Three companies will provide up-tower blade maintenance and repair services to more than 900 onshore and offshore wind turbines.
Solar Power Plant
Innergex Acquires 182.2GWh Solar Farm in Chile
Innergex, an independent renewable energy producer, announced the acquisition of a solar photovoltaic plant in el Salvador, Chile.
Market Analysis
IEA Sees Unique Opportunity for Clean Energy During Covid-19 Crisis
In the midst of a pandemic that’s shaken energy markets to the core and threatens to send the global economy into a depression, renewable energy is holding ste…
Tidal Energy
80% of UK Public Backs Wave and Tidal Energy
New figures released by the UK government show wave and tidal energy has the backing of 80 per cent of the public.
Oil & Gas Trade
Saudi Oil Rush Threatens to Disrupt Stabilizing U.S. Crude Market
An armada of Saudi tankers brimming with crude heading to American shores is raising concern over storage space just as a U.S. glut shows signs of easing.
Saudi Wealth Fund Builds Stakes in Canadian Natural, Suncor
Saudi Arabia’s sovereign wealth fund built stakes in two major Canadian oil sands players during the energy market rout.
Oil & Gas Trade
Pandemic Punches 1.7-Billion-Barrel Hole in Global Oil Demand
The scale of the demand hit means that despite producers implementing unprecedented output cuts, stockpiles will soar this year.
Solar Company
JinkoSolar Adds Name to 500 Watt Solar Panel Club
‘Solar Module Super League’ (SMSL) leader JinkoSolar has officially launched its next ‘flagship’ PV panel boasting a maximum power output of up to 580Wp.…
Middle East Second Most Popular Region for Renewable Energy Investment
The Middle East is the second most popular region for renewable energy investment after North America, according to a recent report from UK-based law firm Ashur…
UK Govt Extends Feedback Window for CfD Changes Due to COVID-19
The UK government has extended the consultation period for expressing opinions regarding the planned changes of the Contracts for Difference (CfD) scheme by a w…
Wind Farm
Lithuania Ponders 700-MW Wind Park in Baltic Sea
Lithuania’s Ministry of Energy has determined that an offshore wind park with a capacity of 700 MW can be built in the Baltic Sea to produce enough electricity…
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