Engie wind JV eyes 2GW in India

14/09/2018 09:41 Wind

news

French energy company Engie and compatriot investor STOA are partnering to develop 2GW of wind capacity in India over the next five years.

The 50:50 joint venture will target both onshore and offshore developments, according to local news reports.

 

Engie secured 280MW of wind capacity in state and central government auctions earlier this year, which will form part of the JV's target, the reports said.

 

Two projects – 50MW and 200MW – are in the region of Tamil Nadu, with the third 30MW facility in Gujarat, they added.

Source: renews.biz

Paks II building work to start soon, says Russian president

21/09/2018 08:19:00

Construction of two new units at the Paks nuclear power plant in Hungary is expected to start soon, Russian President Vladimir Putin said during a press conference in Moscow on 18 September, following his talks with Hungarian Prime Minister Viktor Orbán.

<READ MORE

Daily (20.09.2018): NBP gas prices surged by more than 2% on Wednesday, due to increased demand

20/09/2018 11:36:00

Oil prices gained additional ground on Wednesday, due to falling U.S. stocks and on concerns over global supplies, as sanctions imposed on Iranian exports will be implemented on 4’th of November. Brent crude edged 0.5% higher at $79.40 a barrel. WTI crude added 1.8% to $71.12 a barrel.

READ MORE

Marine energy firm secures £10.3m wave of EU funding

20/09/2018 09:23:00

A wave technology company has secured funding worth £10.3 million from the EU for a demonstration project.

READ MORE