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United Kingdom
2020-08-04
BP Cuts Dividend for First Time in a Decade After Record Loss
The dive into the red came after the firm slashed the value of its oil and gas exploration assets in response to price forecasts.
France
2020-08-04
Ceremony Marks Start of Machine Assembly of ITER Reactor in France
France, Saint-Paul-lès-Durance, July 28, 2020. The ceremony marking the start of the machine assembly of ITER, the international experimental tokamak nuclear fusion reactor, has taken place online.
Hydropower Plant
2020-08-04
Software from Powel used for Enel Green Power’s Hydro Plants in Valmalenco, Italy
Enel Green Power is optimising the planning and dispatching processes for its hydropower plants in the Lombardian valley Valmalenco with software from Powel.
Hydrogen Fuel Stations
2020-08-04
McPhy to Equip two Hydrogen Stations and 1MW Electrolysis
McPhy will design, manufacture and integrate a complete zero carbon hydrogen production and distribution chain including two hydrogen stations and 1MW of electrolysis in France.
Nuclear Power Plant
2020-08-04
France Remains the Top Country for Nuclear Power
A series of measures have been announced aimed at making the economy more environmentally friendly such as a ban on outdoor heaters at bars and restaurants.
Wind Power Project
2020-08-04
Spain's Lantania Starts Development of 250 MW of Wind Projects in Galicia
Spanish infrastructure group Grupo Lantania announced last week it has begun works to develop a wind portfolio with a total capacity of 250 MW in the autonomous community of Galicia.
Germany
2020-08-04
Germany Backs Orsted Green Hydrogen Team
Federal government funding approved for the Westkuste 100 project which aims to develop a 700MW electrolyser.
Energy Technology
2020-08-04
German Oil Refinery to Build 30 MW Hydrogen Electrolysis Plant
Germany agreed a national hydrogen strategy to help decarbonise the economy, including providing 9 billion euros to help promote new projects.
Crude Oil
2020-08-04
Russia is Raising Crude Oil Output as OPEC+ Cuts Ease
OPEC+ producers from Aug. 1 have agreed to slim their output cuts to 7.7 million barrels per day from 9.7 million bpd.
Solar Power Plant
2020-08-04
Iberdrola to Build Landmark On-Site Solar PV System
Iberdrola has signed a 25-year power purchase agreement with SABIC for the development of a 100 MW renewable energy project in Spain.
Market Analysis
2020-08-04
German Solar Installation Hits Record Rate in First Half of 2020
The volume of photovoltaic power put into operation over the first half of 2020 jumped by about 20% compared to last year.
Wind Power Project
2020-08-04
RWE to Acquire 2.7GW Renewable Project Pipeline from Nordex
The Nordex Group has selected German electric utility company RWE Renewables as a buyer for its European onshore wind and solar projects.
Market Analysis
2020-08-04
Poland to Cease Coal Dependency by 2060
Polish Deputy Prime Minister Jacek Sasin has announced that the country will cease to rely on coal energy by 2060 at the latest.
Russian Federation
2020-08-03
Poland Fines Gazprom $57 million over Nord Stream 2
Poland’s antimonopoly watchdog UOKiK said on Monday it had fined Gazprom 213 million zloty ($57 million) (GAZP.MM) for lack of cooperation in its proceedings with regard to the Nord Stream 2 pipeline project.
Geothermal Power Plant
2020-08-03
Italian Cooling Technology Company Joins European Geothermal Research Project
The project will focus on developing geothermal power generation technology.
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