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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.

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.

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…

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.…

Solar Power Plant

Turkey Set to Issue Tender for 1GW of Solar Capacity

Turkey’s minister of energy, Fatih Dönmez, has announced plans to revitalize the country’s Covid-19-stricken economy, which include a 1 GW solar tender under…

French Nuclear Energy Society : Nuclear Essential to Economic Recovery

Making a commitment to build six new EPRs in France would be an "effective stimulus" for the country's economy as it recovers in the years ahead from the shock …

Nuclear Technology

DOE Announces $230M to Build Advanced Reactor Demonstration Project

Building on its contention that nuclear power must be a vital part of the American energy future, the U.S. Department of Energy announced.

Oil & Gas Trade

Saudi Loss of China Oil Market Share Likely Brief

Saudi Arabia’s loss of oil market share in China last month to Russia and Iraq is likely to be fleeting, with analysts saying shipments from the kingdom to Asi…

Oil & Gas Trade

US Oil, Gas Rig Count Hits Record Low for Second Consecutive Week

The rig count, an early indicator of future output, fell by 35 to a record low of 339 in the week to May 15, according to data from energy services firm Baker H…

Hydropower Plant

102 MW Gulpur Hydropower Project Under Construction in Azad Kashmir

Gulpur Hydropower Plant (GHPP) is an under construction. Located on Poonch River, a major tributary of Jhelum River near Gulpur in Kotli District of Azad Kashmi…

Energy Storage Battery

Tesla will Launch its New Battery in China First and Partner with CATL

Tesla will launch its new million-mile battery cell in China first, and it will partner with CATL to make them.Electrek previously revealed that Tesla is workin…

Solar Power Plant

‘World’s Largest Concentrated Solar Plant’ Progresses Despite Covid-19

Global oil refining production could start rebounding in June, the International Energy Agency said on Thursday, but refiners’ margins may be squeezed due to r…