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Market Analysis

Why The World Is Still Pumping So Much Oil Even As Demand Drops Away

With the global economy in a pandemic-induced coma, the world just doesn't need a lot of oil.

Wind Turbine

Enercon Owner, EWE to form 5GW Wind Powerhouse

The Aloys Wobben Foundation, owner of turbine manufacturer Enercon, and German utility EWE have agreed to set up a joint venture company to pool their onshore w…

Supply of bushing insulators for the needs of saratov distribution networks

Tenders are invited for Supply of bushing insulators for the needs of saratov distribution networks, a branch of idgc of volga, pjsc. lot 25

Hydropower Plant

Indian Hydro Sector Proves Itself as Power Restored Following Covid-19 Vigil

India is the world’s third largest consumer of electricity and, according to IHA’s 2019 Hydropower Status Report, has the sixth largest hydropower sector by i…

Fukushima Hydrogen Energy Research Field Receives new Asahi Kasei Tech

The new technology has been installed into the “world’s largest” plant of its sort in the Japanese prefecture.

Hydropower Plant

Construction of US $1.2bn Baynes Power Plant in Southern Africa to Start in Late 2022

Construction of Baynes Power Plant in Southern Africa is set to start in late 2022. The project will involve construction of the Baynes dam, and subsequently a …

Hydrogen Fuel Cell

Toyota Unveils the First Stage of Its Altona Green Hydrogen Hub

Some of Toyota's shuttered car plants in altona Victoria are being transformed into renewable energy hubs.

CNPC

CNPC Starts Building a 5.6 bcm Gas Storage Project in Xinjiang (China)

China National Petroleum Corporation (CNPC) has started to build the Wenjisang gas storage cluster project in Tuha Oilfield in the Xinjiang Uygur Autonomous Reg…

LNG

Japan Has Only 2-Week Stockpile of LNG

The outbreak of the coronavirus poses a new risk to Japan, potentially cutting off vital supplies of liquefied natural gas.

Coal Mine

Russia's Mechel Sells Main Coal Mine Project to Reduce Debt

Russian steel and coal producer Mechel said on Wednesday it had sold its stake in Russia's Elga coal mine to a local businessman to reduce debt.

Oil&Gas Drilling

Aker BP Postpones Oil Developments Amid Market Turmoil

The company has suspended all oil and gas development projects that have not yet received board approval because of the coronavirus-related plunge in crude pric…

Austria Becomes Second EU Country to Go Coal-Free – Sweden on Its heels

Austria and Sweden both closed their last operating coal-fired power plants.

Solar Power Plant

Belltown to Begin Construction of 330MWdc Solar Portfolio in Texas

US-based solar photovoltaic project developer Belltown Power Texas is set to begin construction of three solar photovoltaic power projects in Texas.

State Grid

China's Grid Giants up Investments in Charging Piles for NEVs

China's two grid giants have made ambitious investment plans to build charging piles for new energy vehicles (NEVs) as the country speeds up infrastructure cons…

Market Analysis

Renewables will Provide Over 25% of US Capacity within 3 yrs

FERC's latest monthly "Energy Infrastructure Update" report (with data through February 29, 2020) also reveals that wind and solar are on track to each provide …