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Electricity Trade
ABB Power Grids Wins Rs 165 Crore Order from Indian Oil Corporation
Indian oil company has awarded the project worth rs 165 crore to ABB.
Crude Oil
China Doubled Crude Oil Storage Inflows During Coronavirus Demand Hit
China pushed crude oil into storage tanks almost twice as fast in the first quarter of this year as it did in the same period in 2019.
SINOPEC
LNG Tanker Maran Gas Vergina to Discharge First US Cargo in China in 13 Months
The tanker Maran Gas Vergina has arrived in China with the first delivery of US liquefied natural gas in 13 months.
Oil Price
Oil Price Plunges to 22-Year Low on Concerns Over Storage, Weakening Economies
Oil prices fell Monday, with a U.S. crude futures contract hitting its lowest level since 1998.
Solar Power Plant
E-Reverse PV Auction of India's NHPC Lures 3.1 GW of Bids
Indian hydropower major NHPC (BOM:533098) last week completed a tender for 2,000 MW of grid-connected solar projects at tariffs as low as INR 2.55 (USD 0.033/EU…
Market Analysis
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 …
Oil & Gas Trade
African Oil Producers to Readjust Fuel Production in Line with OPEC Advisory
APPO members have committed to cutting daily oil production to 10 million barrels a day, with effect from May 1 2020.
Offshore Wind Power
Iberdrola’s Q1 Offshore Wind Output Soars on New UK Capacity
The Spanish utility boosts its power production from wind at sea by 74.1% as first power flows from the giant East Anglia 1 (EA1)
Supply of 61--cable Assembly-swit
Combined synopsis/solicitation (original): Supply of 61--cable Assembly-swit
Australian Fossil fuel Lobby to use Covid-19 to Push for Weaker Climate Laws
Australian researchers warn that governments and powerful business lobby groups may use the Covid-19 crisis as an opportunity to water down environmental contro…
Market Analysis
Europe Can Reach Net-Zero by 2050 with 100% Renewables, Study Shows
New modelling shows that Europe could reach climate neutrality before 2050 through a 100% renewable energy scenario which would also see solar technology genera…
Wind Power Project
India’s Wind Developers Face Significant Downtimes
The slowdown in commercial activity due to the COVID-19 pandemic is negatively impacting companies across the wind value chain in India.
Oil Price
Oil Plummets 21% to 21-Year Low as Sinking Demand Spurs Uncertainty Around Storage
Oil prices fell to a 21-year low on Sunday night as uncertainty over a supply glut intensified.
Oil Price
Oil Prices Hit $15 For The First Time In 21 Years
A gruesome combination of crumbling demand for crude and global storage filled to its brim has pushed oil prices to levels not seen in over two decades.
Covid-19 is Heightening the Stakes for Off-Grid Solar in Africa
“Without energy, we can’t fight this,” said Bill Lenihan, CEO of Zola Electric, a company that develops solar and storage systems in Africa.
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