Germany's E.on plans 440-MW wind park in Texas

16/08/2019 08:41 Wind


A week after opening a 201-MW wind park in Texas, German utility E.on SE announced it will build an even larger one in the Lone Star State.

E.on said in a statement today it plans to invest more than USD 500 million (EUR 449m) to construct the 440-MW Big Raymond wind farm in Texas’ Willacy, Cameron and Hidalgo counties. This will be the largest single-phase project the company has ever realised in the country, it noted.


E.on has already entered into a 12-year power purchase agreement (PPA) with community-owned electric utility Austin Energy, which has subscribed to a 200-MW portion of the wind farm. Construction work is seen to start in late 2019.


Daily (15.11.2019): The German spot power contract lost 16.4% on Thursday, amidst a sharp rise in wind output

15/11/2019 11:07:00

A build in U.S. crude inventories and higher oil production reported for this week put pressure on crude oil prices on Thursday. However, OPEC’s potential deepening of supply cuts later this year limited losses. Hence, Brent crude fell by 0.1% to $62.28 a barrel, while WTI futures dropped by 0.6% to $56.77 a barrel.


Gazprom Export supplies 1st LPG from Russia to China by rail

15/11/2019 09:28:00

Gazprom Export has for the 1st time supplied liquefied petroleum gas by rail from Russian Federation to the People’s Republic of China. This was done as part of the preparations for exports from the Amur gas processing plant, which is under construction at the moment.


Ørsted greenlights 460MW solar and battery storage project

15/11/2019 09:24:00

Ørsted has started the construction of a new 460MW solar power and battery storage project in the US.