Germany plans to expand the targeted capacity volume in its 2022 renewable energy tenders by allocating an additional 5.2 GW for solar and onshore wind projects.
read more... 26/04/2021
ExxonMobil is considering closing its 116,000 b/d Slagen refinery in Norway to convert the site into a fuel import terminal, the company said April 8, marking a potential further casualty of Europe's surplus refining capacity as the region's fuel demand shrinks and competition from new markets continues to grow.
read more... 12/04/2021
Fossil gas consumption needs to decline 36% from 2020 to 2030, according to the European Commission, but the planned public and private investment would see an increase of 35% from the current import capacity.
read more... 12/04/2021
A steep increase in coal plant development in China offset a retreat from coal in the rest of the world in 2020, resulting in the first increase in global coal capacity development since 2015, a new report led by Global Energy Monitor (GEM) said on Tuesday.
read more... 07/04/2021
A record of over 260GW of new renewable energy capacity was installed in 2020, despite the impact of Covid-19, according to new data from the International Renewable Energy Agency (IRENA).
read more... 06/04/2021