Nordex inks two power acquisition contracts in India

31/05/2017 08:51 Electricity Market


Nordex has inked electricity purchase agreements with the Indian state of Karnataka for two of the German wind turbine producer's parks, as told by its chief executive to shareholders at the group's annual general meeting on Tuesday.

Jose Luis Blanco declared in a speech that they are slightly more optimistic, after India's recent change to a tender-based model for wind projects had instigated irritation among investors.
Order postponements in India were one of the motives for a significant management cut in February that resulted in the resignation of former Chief Executive Lars Bondo Krogsgaard.  

Vestas turbines to power 164-MW Ukrainian wind farm

13/06/2019 09:01:00

Denmark's Vestas Wind Systems A/S on Wednesday announced a contract to deliver and install turbines for a 164-MW wind project in southern Ukraine.


Daily (12.06.2019): EU carbon prices dropped by almost 1% due to a weaker energy complex

12/06/2019 09:47:00

Oil prices were flat on Tuesday, amid uncertainty regarding the agreement of Saudi Arabia and Russia to extend a crude output-cutting deal. Meanwhile, U.S.-China trade tensions continue to put pressure on demand for crude. As a result, Brent crude remained untraded at $62.29, while WTI futures edged 0.02% higher at $53.27 a barrel.


PGNiG buys stakes in Total’s Norway licenses

12/06/2019 09:16:00

Polish state-controlled oil and gas company PGNiG announced the acquisition of stakes in two licenses owned by French supermajor Total, Kallanish Energy learns.