Spain's Diverxia gets govt nod to develop 240-MW solar park in Colombia

17/01/2019 09:17 Solar


Spanish developer Diverxia Infrastructure has secured a connection approval from Colombia's Energy Mining Planning Unit (UPME) for a 240-MW photovoltaic (PV) project.

The PV plant is expected to generate around 469 GWh per year, enough to meet the annual demand of 170,000 local homes and offset around 314,150 tonnes of carbon dioxide (CO2) emissions.


Covering an area of 530 hectares, the PV project is expected to secure the remaining permits this year and be able to break ground in 2020, the company said.


This project, one of the few with a larger capacity approved by UPME, has completed all the requisites to compete in Colombia’s first electricity auction. Scheduled to be held on February 26, the tender is seeking to award 12-year contracts for the annual supply of 1.183 TWh of renewable power in total.


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.


Gazprom discovers 2 new fields containing over 500 billion cu m of gas on Yamal shelf

21/05/2019 09:10:00

The Federal Agency for Mineral Resources approved the expert opinions of the State Reserves Commission with regard to the discovery by Gazprom of new hydrocarbon fields on the shelf of the Yamal Peninsula, namely the Dinkov and Nyarmeyskoye fields.


Vestas gets 249-MW turbine order for Texas project from EDF Renewables

21/05/2019 09:06:00

EDF Renewables has ordered more turbines from Vestas Wind Systems A/S for the 273-MW Las Majadas wind project in Texas, the supplier announced today.