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UK firms break into Chinese renewable energy market
Eight UK organisations have signed new agreements to develop and provide renewable energy technologies, services and research in China.
read more... 10/06/2020
Daily (09.06.2020): European spot electricity prices returned at pre-lockdown levels on Monday amid higher demand, lower renewables and nuclear output
Crude oil futures lost ground on Monday despite OPEC+ cuts as traders switched their focus on the announce that top producer Saudi Arabia and Gulf producers are not willing to extend cuts after June. Hence, Brent crude for August delivery fell by $1.50, or 3.6%, to settle at $40.80 a barrel. At the same time, U.S. WTI crude shed by $1.36, or 3.4%, to end at $38.19 a barrel.
read more... 09/06/2020
Germany to invest $10.2B in hydrogen expansion
Germany announced it will invest €9 billion ($10.2 billion) to boost its hydrogen strategy, aimed at becoming a global supplier of “state-of-the-art” hydrogen technology, Kallanish Energy reports.
read more... 09/06/2020
Poland’s PGNiG inks domestic LNG deal
Poland’s dominant gas firm and LNG importer PGNiG has signed a deal with South Korean company LG Chem to deliver chilled fuel and build a small regasification station.
read more... 09/06/2020
Spain's Acciona lands 10-year renewable energy PPA with telco Telefonica
Spanish group Acciona SA has secured a ten-year renewable energy power purchase agreement (PPA) with compatriot telecommunications company Telefonica SA.
read more... 09/06/2020