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Oil Price
Oil at $70 does not Signal Return of a Supercycle, IEA Says
The agency expects world oil demand to recover 63% of the volume lost in 2020 due to the pandemic
Hydrogen Project
Chile’s AME Set to Build Green Hydrogen Fuels Plant
Andes Mining and Energy (AME) plans to start construction in April on a methanol-to-gasoline pilot project in southern Chile using green hydrogen.
Oil & Gas Supply
COVID-19 And Electrification Bring Hydrocarbon Demand Peak Forward To 2027, Says McKinsey & Company
The pandemic has resulted in a profound reduction in energy demand, from which McKinsey expects it will take between one to four years to recover – with electr…
Electric Car
Spain Increases Electric Mobility Subsidies
The Spanish government has expanded the budget for its Moves II subsidy programme from 100 to 120 million euros.
Biobattery
French Albioma Expands Biomass Capacity in 2020
French renewable energy provider Albioma increased its biomass-fired capacity in 2020, despite delays to plant conversions as a result of the Covid-19 pandemic.
Wind Farm
Acciona Supports Banco Santander’s Carbon Neutrality Target Through Its Oaxacas Wind Farm in Mexico
With this transaction, ACCIONA is contributing to Banco Santander’s goal of becoming carbon neutral in 2020 by offsetting approximately half of the entity’s o…
Climate Policy
Global CO2 Emissions Continue Upward Trend Despite Pandemic
Global energy-related carbon dioxide emissions fell by 5.8% in 2020, primarily due to the impact of the COVID-19 pandemic on travel and economic activities, acc…
Video
Belt and Road Initiative Thrives Despite Pandemic
Watch this video to review the global progress made by the BRI last year.
Solar Power Plant
Global PV Installations to Surpass 150 GW in 2021
Despite pandemic-induced impacts, the PV market was bigger than expected last year. In particular, an installation rush in Vietnam and China took place in Decem…
Combined Heat and Power
Wärtsilä Completes 100MW Combined Heat and Power Plant for German Utility
Technology firm Wärtsilä has announced that it has completed and handed over a 100MW combined heat and power plant to German utility Kraftwerke Mainz-Wiesbade…
Thermal Plant
Construction of $600m Power Plant in Indonesia Resumes
The pandemic has halted the construction process.
Bolivia
Bolivia’s Largest Solar Plant Begins Commercial Operation
The 100MW Oruro solar plant in the Bolivian Andes is ready to enter commercial operation with the inauguration of the second phase.
Wind Power Project
South Korea Unveils $43 Billion Plan for World's Largest Offshore Wind Farm
South Korea unveiled a 48.5 trillion won plan to build the world’s largest wind power plant by 2030 as part of efforts to foster an environmentally-friendly re…
Solar Cell
Hybrid Tandem Perovskite Solar Cell with 18.04% Efficiency
South Korean researchers claim to have developed a PV cell with a higher efficiency rate than any other tandem cell based on perovskite and organic materials.
Cooperation case
Chinese, Pakistani Staff of CPEC Power Plant Strive for Energy Supply of Pakistan Amid COVID-19
During the COVID-19 pandemic in 2020, the electricity generated by the China-Pakistan Economic Corridor energy projects accounted for about one-third of Pakista…
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