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Tanzania
TANZANIA: Tanesco Appoints Three Consultants for Two Hydropower Projects
Multiconsult Norge AS, a Norwegian consulting engineering firm has recently been chosen by the Tanzania Electric Supply Company Limited (Tanesco) to provide con…
Germany
EnBW Soars on Stellar Renewables Return
EnBW banked adjusted earnings before interest, tax, depreciation and amortisation of €426m from its renewables division for the first six months of 2020
Market Analysis
Oil Demand May Never Recover from COVID-19 Crisis, says Shell CEO
Global oil demand might never return to levels seen before the outbreak of the COVID-19 epidemic.
Electricity Trade
World Bank Programme to Enable Electricity Trade in West Africa
The World Bank Board of Directors approved a total of $300 million in International Development Association (IDA) credits and grants to support reforms that wil…
Power Construction
Flexible DC Power Grid to Boost Clean Energy Supply for Winter Olympic
A flexible direct current power grid recently developed in China's Hebei Province will play a major role in clean the energy supply for the Beijing 2022 Winter …
Power Construction
Power Distribution Arm of REC Orders Cancellation of Contract to Dongfang Electric India
Power distribution arm of REC Ltd, RECPDCL, has directed cancellation of an order to Dongfang Electric India, the Indian unit of the Chinese power equipment mak…
Geothermal Power Plant
US DOE Picks 5 Projects To Receive Up To $28 Million For Geothermal Research
Today, the U.S. Department of Energy (DOE) announced that five projects will receive up to $28 million to promote the advancement of the next generation of geot…
Solar Power Plant
5 Inventions Showing Us the Future of Solar Energy
When you imagine the energy of the future, solar power is probably in the picture – but in recent years, less than 2% of the world’s electricity has come from…
Hydropower Plant
ZIMBABWE: ZINWA to Finance Rehabilitation of Wenimbe Dam
The Zimbabwe National Water Authority has recently proposed to the State of Zimbabwe an estimated budget for the implementation of the Wenimbe Hydroelectric Dam…
France
Schneider Electric Expects Lower Annual Revenue, Margin on Virus Uncertainties
Schneider had previously forecast organic revenue growth and a higher core profit margin for the year, but scrapped this in March due to the pandemic
Greece
Greece Records New Low Solar Price of €0.04584/kWh
The price tariff agreed by German company ABO Wind for two 10 MW solar projects in Igoumenitsa came in a tender which allocated only 142 MW of generation capaci…
Saudi Arabia
MENA Fund to Increase Saudi Investments with Eye to Recovery
Middle Eastern fund managers plan to increase investments in Saudi Arabia in the current quarter, betting on the kingdom’s ability to bounce back from the coro…
Nuclear Power Plant
Ukraine Signs Agreement with GE and Receives European Loans
US-based GE Steam Power announced that it has been selected by Ukraine’s AtomRemontServis for its first Multi-Year Agreement in Ukraine on the Khmelnitsky and …
Solar Power Plant
KenGen Set to Install Solar Power Plants in the Reservoirs of 3 Dams
The Norwegian company Multiconsult recently indicated that it will conduct studies to determine the potential for several floating solar power plants in the bas…
Market Analysis
UK Energy Supplier Publishes Report on Power Systems in 2050
UK power distributor National Grid ESO has released a report forecasting changes to the UK energy sector before 2050.
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