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Market Analysis

Coal Phase-Out Can Provide “Cheap” Way to Reduce Emissions, Researchers Say

New research has shown that a global phase out of coal use would deliver net economic benefits in the long term, and would be an affordable way for countries to…

Oil Price

U.S. Crude Dips Below US$20 as Lockdowns Wipe Out Demand

Oil prices fell sharply on Monday, with U.S. crude briefly dropping below US$20 and Brent hitting its lowest level in 18 years, on heightened fears that the glo…

Solar Power Panel

1000 MW Solar Projects Stuck in India's Haryana

Around 1000 MW of solar projects in Haryana are unable to transmit power because distribution companies are not giving them the required connectivity, aggrieved…

Energy Transition

EU Leaders Back Covid-19 Recovery Strategy that 'Integrates Energy Transition'

European heads of government call for 'coordinated' approach to coronavirus built around investment in Green Deal.

Wind Turbine

Global Giants Halt India Plants as Coronavirus Crunch Hits Third Key Global Wind Hub

Vestas, Siemens Gamesa and LM Wind Power say national lockdown means production temporarily suspended as nation joins China and Spain on disruption list

Oil Price

Oil Crash Puts Africa's Cash-Strapped Producers in Peril

The collapse in oil prices has left African oil producers facing a loss of revenue at a time when they need it most to fight coronavirus.

Wind Turbine

Largest Wind Turbines in Asia to Power Vietnam

GE’s Cypress platform wind turbines used in the second phase of the Mui Ne wind farm invested by The Blue Circle and AC Energy.

Crude Oil

US Suspends Plans to Buy Crude Oil for the Strategic Petroleum Reserve

The US administration has suspended plans to purchase US crude oil for the Strategic Petroleum Reserve (SPR), after failing to secure funding from the Congress,…

Oil Pipeline

Putin Approves a New Gas Pipeline to China via Mongolia

Russian President Vladimir Putin on Friday approved the launch of a feasibility study for the Power of Siberia-2 pipeline.

Nuclear Power Plant

New Delay for Flamanville-3 Nuclear Project in France to 2024

The French government has allowed EDF to postpone by 4 years the deadline for commissioning its 1,650 MW EPR in Flamanville, extending it to 2024, as the corona…

Power Construction

AfDB Will Lend US$242m for the Cameroon-Chad Power Interconnection

The presidency of Cameroon has authorised the government to sign two loan agreements with the African Development Bank (AfDB) totalling XAF148bn (US$243m) to fi…

Pumped Storage

Australia’s First Pumped Hydro Project in 40 Years Gets Green Light

The first pumped hydro project in Australia’s main grid in nearly 40 years – and the first outside public ownership – looks almost certain to go ahead after …

Oil Price

Calls Mount for New OPEC+ Deal as Oil Prices and Demand Slide

Oil producers need to resume cooperation in an effort to stabilize the global market, Russian and OPEC officials said, as the industry reels from a demand and p…

30-gw Tongwei Solar Photovoltaic Industrial Base Project

It will invest a total of CNY 20 billion (USD 2.82bn/EUR 2.56bn) in the so-called Tongwei Solar Photovoltaic Industrial Base Project located in Huaizhou New Tow…

Energy Technology

Bill Gates Invests in Hydropower Technology

Breakthrough Energy Ventures, a company founded by Microsoft founder billionaire Bill Gates, has received an $ 11 million investment in Natel Energy. Natel Ener…