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Crude Oil
Goldman Cuts Q3 Brent Forecast to $75 a Barrel
Oil prices fell $5 a barrel on Monday in response to fears over the hit to demand from rising Delta coronavirus infections and an OPEC+ agreement to boost outpu…
Energy-Eficient Building
Kosovo* Gets EUR 5 million for Saving Energy in Households
The European Bank for Reconstruction and Development has approved a EUR 5 million credit line to Raiffeisen Bank Kosovo under the Green Economy Financing Facili…
Floating Offshore Wind
South Korea Floater Wins DNV Approval
Samsung Heavy Industries has developed an offshore wind floating platform design for the South Korean market that has received approval in principle from DNV.
Nuclear Policy
Iran Claims Nuclear Deal Draft Is Incompatible With New Iranian Law
The draft agreement between Iran and world powers over the possible restoration of the so-called nuclear deal is incompatible with a recently passed Iranian law…
Crude Oil
U.S. Crude Oil Exports Reached Record Levels in 2020, Remain High in 2021
Despite volatility in global oil markets, U.S. crude oil exports reached a record high in 2020.
Hydropower Plant
Video: Extreme Drought Could Shut Down a Hydroelectric Power Plant In California
Officials are preparing for the likelihood that California’s record breaking drought will come for its renewable energy stores.
Electricity Trade
French Power Exports Set for Record July on Strong Nuclear, Weak Demand
French power exports are set for a record July with net flows averaging 9.6 GW so far, with nuclear reactor output up sharply year on year while domestic demand…
Solar Power Plant
China Added 13 GW of Solar to the End of June
The volume of new PV generation capacity added in the first half was higher than expected, given the rising input costs seen in recent months, but solar was nev…
HVDC
Aker Solutions to Build Offshore Wind HVDC Platform
Aker Solutions will supply the high-voltage, direct current converter platform for an unnamed offshore wind project under an EPCI contract.
Energy Storage Battery
Hungarian Government to Subsidize SK Innovation’s Battery Plant Construction
SK Innovation will receive 90 million euros in support funds from the Hungarian government for the construction of a battery plant.
Nuclear Power Plant
Egyptian Energy Minister Mohamed Shaker and Rosatom Director General Alexey Likhachev Visit El-Dabaa NPP Construction Site
Rosatom Director General Alexey Likhachev and Egypt’s Minister of Electricity and Renewable Energy Mohammed Shaker visited the construction site of Egypt’s El…
Carbon Neutral
Representatives Call for Green Maritime Connectivity Under BRI
Participating countries of the Belt and Road Initiative are expected to enhance marine ecosystem protection and accelerate the development of a maritime communi…
Geothermal Power Plant
Ayala Land Unit Eyes Geothermal Power for Green Energy Option – DoE
AYALA Land, Inc. subsidiary DirectPower Services, Inc. will be largely sourcing 360 MW of clean power from geothermal facilities for the government’s green ene…
Wind Farm
Nordex Receives Orders for 55 MW of Wind Power in Italy
The Nordex Group has received orders for the supply of two wind farms with Delta4000 turbines for a total of 54.9 MW in Italy. For a 26.1 MW project, the Nordex…
Energy Investment
African Development Bank Group’s $6 million Grant Kicks off Desert-to-Power West Africa Regional Energy Program
The Board of Directors of the African Development Bank Group has approved a $6 million grant to launch the initial phase of the Desert to Power West Africa Regi…
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