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Electric Car
Israel Expects Half Of New Cars Sold In 2030 To Be EVs
Israel is preparing for a massive roll-out of electric vehicles on its roads over the next decade and is instructing its cities to build hundreds of charging po…
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.
United States
Chevron Posts Massive $8.3 Billion Loss
U.S. oil major Chevron hit the red hard as it reported a massive loss of $8.3 billion, or almost $4.5 per diluted share, for the second quarter of 2020.
Crude Oil
Russia is Raising Crude Oil Output as OPEC+ Cuts Ease
OPEC+ producers from Aug. 1 have agreed to slim their output cuts to 7.7 million barrels per day from 9.7 million bpd.
Market Analysis
German Solar Installation Hits Record Rate in First Half of 2020
The volume of photovoltaic power put into operation over the first half of 2020 jumped by about 20% compared to last year.
Wind Power Project
RWE to Acquire 2.7GW Renewable Project Pipeline from Nordex
The Nordex Group has selected German electric utility company RWE Renewables as a buyer for its European onshore wind and solar projects.
Market Analysis
Poland to Cease Coal Dependency by 2060
Polish Deputy Prime Minister Jacek Sasin has announced that the country will cease to rely on coal energy by 2060 at the latest.
Hydropower Plant
Enel Enters into 164MW PPA in Guatemala
Enel Green Power has signed a power purchase agreement with Guatemalan energy distributor Comercializadora de Energia para el Desarrollo.
Solar Power Plant
EDF Makes 200MW Solar Power Play in Nevada
EDF Renewables North America has signed a 22-year power purchase agreement with NV Energy for the supply of electricity from the future Chuckwalla solar farm in…
Oil Price
ExxonMobil Posts First Consecutive Quarterly Losses Since the Mid-80s
Oil major ExxonMobil reported a back-to-back quarterly loss for the first time in over three and a half decades.
Nuclear Power Plant
IAEA Data Animation: Meeting Climate Goals as Countries Embark on Nuclear Power
Based on the Sustainable Development Scenario in the International Energy Agency’s World Energy Outlook, 2019.
Mozambique
AfDB Takes Stock of Water Projects that Have Benefited 20m Africans
From Mozambique in the south to Morocco in the north, 20 million people in rural and urban areas of Africa have gained access to clean drinking water for the fi…
Distributed Solar
New Zealand Government’s Solar Plans key to 2050 Goal
The New Zealand government’s planned solar installations across six of its institutional campuses announced earlier in July.
Energy Transition
Asia Reassesses Energy Transition Strategies
Asia has reassessed its energy transition strategies by accelerating utility digital transformation.
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