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Innergex Closes USD-192m Financing for Ohio Solar Project
Canada-based Innergex Renewable Energy Inc said on Thursday it has obtained a total of USD 191.8 million in financing for the 200-MW Hillcrest solar photovolta…
Solar Power Plant
Spain's Powertis Lands in Italy with 500-MW Solar Plan
Spanish solar developer Powertis SAU on Thursday announced it has arrived in the Italian market to develop a portfolio of photovoltaic (PV) projects totalling 5…
Oil Major Chevron Could Be Forced To Cut Oil Production In Kazakhstan
Kazakhstan is in talks with the companies operating its two sizeable offshore oil projects to reduce total output by 22 percent in compliance with the latest OP…
KKR to Buy 317MWp of Solar Energy Assets from India’s SP Infra
Global investment firm KKR has signed a definitive agreement with Indian infrastructure developer Shapoorji Pallonji Infrastructure Capital (SP Infra) to acquir…
Oil & Gas Trade
China Set to Issue First-Ever Export QQuotas for VLSFO of 10 mln T for 2020
China is set to release its first-ever quotas to export very low sulphur fuel oil with total volumes of 10 million tonnes for this year.
Oil Majors May Be Forced To Cut Crude Output In Nigeria
The new OPEC+ production cut deal to remove a total of 9.7 million bpd from the market in May and June enters into force on May 1.
Putin: OPEC+ Deal Should be Complied with by all Participants
The deal stipulates the oil production cut by 9.7 mln barrels per day in total in May-June 2020, by 7.7 mln barrels per day in July-December 2020 within the all…
Solar Power Plant
Total Quadran Secures 135MW of Solar Projects in France
Total's renewable energy subsidiary, total Quadran, won the 131MWp solar project
Total Eren Presents EIS for 150-MW PV Project in Chile
Paris-based independent power producer Total Eren SA is seeking to secure the environmental permit for the 150-MW Santa Isabel II solar photovoltaic project it…
Solar PV Corporate Funding Expected to Take a Hit
Lack of venture capital investment and reduced public market financing activity due to the COVID-19 pandemic is squeezing cash flows. Between January and March …
Construction of First Gas Storage Cluster Begins in Western China
The construction of China's first natural gas storage cluster has begun in the west of the country, with total investment reaching 7 billion yuan ($990 million)…
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China Cuts Subsidy for New Solar Projects in 2020
The total subsidy for solar will average $214m for the year.
Jacobs Awarded Several Nuclear Fusion Contracts
US-based Jacobs said it has been awarded several contracts worth more than $25 million in total for work on nuclear fusion projects in the UK and France.
Wind Turbine Blades Depart Chinese Coastal City to U.S.
A total of 489 wind turbine blades departed from Dafeng Port in the city of Yancheng, eastern China's Jiangsu Province early this month for the port of Brownsvi…