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Crude Oil
Aramco Aims to Boost Production Capacity to 13 Million Bpd
The world’s largest oil company is looking to raise its production capacity by an extra million barrels per day.
Wind Farm
GWEC Expects more than 205 GW of Offshore Wind Energy to be Added Worldwide by 2030
GWEC anticipates that by 2030 more than 205 GW of offshore wind power capacity will be added globally, including at least 6.2 GW of floating offshore wind turbi…
LNG
Inpex Hit by $1.3 bln Australian LNG Assets Impairment
Japan’s oil and gas giant Inpex has flagged a 139.7 billion yen ($1.33 billion) impairment loss on its Australian LNG assets.
Wind Power Project
Statkraft UK Awarded 330MW in Ireland’s First Renewable Energy Auction
Norwegian mega-utility Statkraft has been awarded a total of 330MW of the almost 1.3GW in clean energy capacity available in Ireland’s first renewable energy a…
Nuclear Power Plant
UK National Grid Prepares for First T-Pylon at Hinkley Point C
It will also allow for more capacity on the network for renewable energy from the South West peninsular.
Australia
GE co-Develops Pumped Hydro Storage to Underpin 4GW Wind and Solar Complex
“Nearly half of the more than 8GW of hydropower capacity operating in Australia today is powered by our turbines, generators or both,” said Pascal Radue, chie…
Wind Power Project
China to Add 251GW of New Wind Capacity by 2029
China is seen to install 251 GW of wind farms between now and 2029, reaching about 461 GW of cumulative wind capacity.
Pumped Storage
Genex, J-Power Ink Equity Funding Deal for 250-MW K2 Hydro Storage Project
Japan’s Electric Power Development Co Ltd, known as J-Power, has committed to invest up to AUD 25 million in Genex Power Ltd’s 250-MW K2 pumped storage hydro …
Wind Power Project
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…
Market Analysis
251GW New Chinese Wind Expected this Decade
China is expected to add 251GW of new wind capacity between 2020 and 2029 but additions will take a 16% hit from next year due to the end of subsidies.
Wind Farm
Sembcorp Unit Completes 800MW Wind Farms in India
This brings the company’s renewable capacity in India to 1.73GW.
China
China to Add 251GW of New Wind Capacity by 2029
China is expected to add 251 gigawatts (GW) of new wind capacity between 2020 and 2029, says Wood Mackenzie. The country’s wind power market could reach a cumu…
Coal-Fired Power Plants
China's New Coal Projects Account for 90% of Global Total in H1
China built more than half of the world's new coal-fired power plants this year and accounted for 90 per cent of new planned capacity, a study showed on Monday
Offshore Wind Power
CIP and MHI Team up for Japanese Offshore Wind
Mitsubishi Heavy Industries (MHI) and Copenhagen Infrastructure Partners (CIP) have entered into a joint venture to develop offshore wind projects in Hokkaido, …
Power Construction
Nigeria’s Grid is Set for a Make-Over to Boost Capacity
Siemens’ pre-engineering contract to expand Nigeria’s grid capacity to 25,000MW has been approved.
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