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Daily (11.08.2020): Oil prices turned bullish on Friday due to an increase in demand

Crude oil prices surged on Friday, as an increase in demand and a decline in U.S. oil rigs boosted prices. Brent crude rose by $1.51, or 5.1%, to $30.97 a barrel. U.S. West Texas Intermediate crude futures (WTI) gained $1.19, or 5%, to $24.74 a barrel.

read more... 11/05/2020

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Europe is getting off coal even faster than expected

Across Europe, countries are making strides toward a fossil-free future. In April, Austria and Sweden closed their last coal plants—the latter nearly two years ahead of schedule—officially eliminating coal from their countries’ energy production.

read more... 11/05/2020

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Nordex confirms record first quarter

Nordex has announced a record first quarter 2020 with sales of almost €1bn and a 1600MW order intake.

read more... 11/05/2020

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EU day-ahead hours dip to negative prices for Monday

Day-ahead power in several European markets dropped to negative prices for the early hours of Monday, with Belgium seeing the lowest price of EUR -4.98/MWh amid healthy wind output and low demand.

read more... 11/05/2020

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Capital Dynamics swoops on 133MW Spanish solar

Asset manager Capital Dynamics has completed the acquisition of a 100% equity stake in the 133MW Puerto Real 1 photovoltaic project in Spain.

read more... 08/05/2020

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