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Azores island installs giant battery energy storage system

The Gridstack system will have a power capacity of 15MW and will enable an increased share of renewable energy while limiting the consumption of fossil fuels

read more... 08/09/2020

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France's H1 wind turbine additions almost halve

A total of 363 MW of new wind turbine capacity started feeding electricity to the French power network in the first half of 2020, new statistics show.

read more... 01/09/2020

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New solar PPA, hybrid PV-wind project in Germany

Statkraft and Naturstrom AG have signed a power purchase agreement for a 50 MW solar array in Bavaria, while BayWa r.e. has announced a new solar-wind hybrid project, with 22 MW of solar capacity.

read more... 28/08/2020

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450 MW offshore wind park to be built in Adriatic Sea

Italy-based energy services company Saipem has announced plans to build one of the first wind farms in the Adriatic Sea in cooperation with two other domestic firms. The offshore wind power plant, described as the biggest in Italy, will have an installed capacity of about 450 MW.

read more... 27/08/2020

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Daily (25.08.2020): British front-month gas price rallied by about 10% on Monday amid reduced available export capacity in Norway

Oil prices ended higher on Monday as storms Marco and Laura expected later in the week halted more than half of oil production in the Gulf of Mexico. As a result, Brent crude rose by 78 cents, or 1.76%, to settle at $45.13 a barrel. At the same time, U.S. WTI crude settled at $42.62 a barrel, rising by 28 cents, or 0.7 %.

read more... 25/08/2020

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