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Wind, solar secure 1.4GW in latest French tenders
The French Ministry for the Ecological and Inclusive Transition has procured approximately 750MW of wind and 630MW of ground-mounted photovoltaic capacity in its latest round of tenders.
read more... 03/04/2020
COVID-19: Iberdrola ‘will stick to 9GW expansion plan’
Renewables heavyweight Iberdrola will stick to its investment strategy to build 9GW of new capacity over the coming years and is accelerating €3.8bn in procurement orders to support the supply chain during the COVID-19 pandemic.
read more... 03/04/2020
Daily (03.04.2020): Brent and WTI surged by 21% and 25% respectively on Thursday as Trump signalled the price war might end soon
Crude oil futures increased considerably on Thursday, posting their biggest spike in a single session following a message from Donald Trump promising a reduction in Russian and Saudi production to rebalance the black gold market devastated by the covid-19 pandemic. At the same time, Saudi Arabia called for an urgent meeting of the OPEC and other countries, including Russia, to re-establish a balance in the oil markets.
read more... 03/04/2020
Daily (02.04.2019): British gas prices near 2009 lows on Wednesday, due to weak demand
Crude oil prices were bearish on Wednesday, weighed by a steep rise in U.S. crude inventories last week, the biggest weekly rise since 2016, while gasoline demand continued to decline. Consequently, Brent crude for June delivery traded 6.1% lower at $24.74 a barrel. Similarly, WTI futures slid by 0.8% to $20.30 a barrel.
read more... 02/04/2020
Germany 'closes in' on 2020 renewables goal
Germany is likely to achieve its binding EU renewable target for 2020, according to the latest figures from the country's federal environment agency.
read more... 02/04/2020