Audax to develop 320 MW of new Spanish solar

10/05/2019 09:33 Solar


Spanish renewable energy company Audax Renovables SA has added solar photovoltaic (PV) projects amounting to 320 MW to its portfolio.

The new capacity is distributed between projects located in the regions of Andalusia, Castile-La Mancha and Murcia, Audax said Wednesday, adding that 60 MW is already in the advanced stage of development.


In the coming months, all of the projects will be developed and commissioned. Once they start operating, the new assets will generate approximately 600 GWh each year, enough to meet the annual power demand of more than 175,000 households.


At present, Audax manages a portfolio of 185 MW in operation in Spain, France and Poland. The PV portion of it is only 1 MW, while the rest consists of wind farms.


Zennor completes North Sea wells

22/05/2019 08:36:00

Independent UK oil and gas firm Zennor Petroleum announced Tuesday the completion of drilling and testing operations at the Finlaggan field in the North Sea, Kallanish Energy reports.


French Engie, Portugal's EDP aim be second-biggest offshore wind developer with JV

22/05/2019 08:33:00

French utility Engie and Portugal’s EDP said on Tuesday they will invest 15 billion euros ($16.7 billion) with the aim of becoming the world’s number two offshore wind developer after Denmark’s Orsted.


Daily (21.05.2019): European spot power prices soared by around 16% due to firmer consumption

21/05/2019 10:04:00

Oil prices diverged on Monday. OPEC’s intention to maintain output cuts coupled with the escalating tensions in the Middle East sent WTI futures up by 0.5% at 63.10 USD/bbl. Meanwhile, Brent crude lost 0.3% to settle at 71.97 USD/bbl, influenced by the high level of global crude oil inventories.