Latest news

Global floating wind capacity ‘to grow 2,000-fold by 2050’

A new study predicts installed capacity of floating wind will soar from its current level of 100MW to as much as 250GW by mid-century

read more... 08/12/2020

news

Finland to build new power substation

Finnish transmission system operator Fingrid has started building a new substation in southern Finland that will facilitate the connection of up to 1GW of new wind power capacity to the grid.

read more... 08/12/2020

news

Daily (07.12.2020): An agreement at the OPEC+ summit boosted oil prices on Friday

The positive conclusion of the OPEC+ summit and the decision of its members to increase production gradually over the course of 2021, lent support to crude oil prices, sending them higher on Friday. As such, Brent crude for February delivery edged 1.1% higher at $49.25 a barrel, while WTI oil ended 1.4% up at $46.26 a barrel.

read more... 07/12/2020

news

German utility E.ON to invest over 127 mln lei (26 mln euro) in smart meters in Romania

German utility group E.ON said on Friday it plans to install 397,000 smart meters in Romania by 2028, investing 127 million lei ($32 million/26 million euro) in the project.

read more... 07/12/2020

news

India's coal import drops 19 per cent to 117 million tonnes during April-October this fiscal

India had imported 143.63 MT of coal during the corresponding period of FY 2019-20, according to a provisional compilation by mjunction services, based on monitoring of vessels' positions and data received from shipping companies.

read more... 07/12/2020

news