Latest news
GE, Sembcorp Marine to deliver Sofia transmission system
Partners are starting early design works in July with the full contract subject to FID due in early 2021
read more... 13/07/2020
Elgin Energy Finds Greek Partner for 76MW UK PV
Elgin Energy is partnering with the renewables and energy storage (RSD) arm of Greek company Metka EGN Mytilineos to develop 76MW of unsubsidised solar farms in the UK.
read more... 10/07/2020
Ofgem announces £25bn investment programme to transform UK’s energy networks
The proposals aim to enable the delivery of emissions-free green energy across the country and meet national net zero targets, while also maintaining high levels of service and grid reliability
read more... 10/07/2020
Iberdrola gets loans for over 2 GW of Spanish renewables
Iberdrola SA will receive EUR 800 million (USD 906.7m) in green loans from the European Investment Bank (EIB) and Instituto de Credito Oficial (ICO) for the development of over 2,000 MW of renewable energy projects in Spain.
read more... 10/07/2020
Daily (10.07.2020): U.S. WTI crude slipped below $40 on Thursday amid coronavirus concerns, swelling U.S. crude stockpiles
Crude oil futures fell on Thursday, with U.S. WTI crude slipping back below $40 a barrel as rising cases of coronavirus in the U.S. and some other countries, as well as higher U.S. stockpiles threatened to deteriorate the demand for crude. Hence, Brent crude for September delivery dropped by 94 cents, or 2.2%, to settle at $42.35 a barrel on the ICE Futures Europe. At the same time, U.S. WTI crude for August delivery decreased by $1.28, or 3.1%, to settle at $39.62 a barrel on the New York Mercantile Exchange. Both WTI and Brent on Wednesday hit their highest settlements since March 6.
read more... 10/07/2020