Vestas to build 214-MW Aussie wind farm for Alinta Energy

26/02/2019 09:45 Wind


Alinta Energy has awarded an engineering, procurement and construction (EPC) contract to Denmark’s Vestas Wind Systems A/S for the construction of the 214-MW Yandin wind farm in Western Australia.

The Yandin Wind Farm will cost approximately AUD 400 million (USD 287m/EUR 253m) and it will be Alinta Energy’s first direct investment in a renewable energy project, the Australian power provider said Monday.


Located north of Perth near the town of Dandaragan, the wind farm will have 51 units of 4.2-MW turbines installed, which can generate enough power to meet the annual demand of 200,000 households.


EIB to provide 110 mln euro loan to BEH for Greece-Bulgaria gas link construction

10/10/2019 12:56:00

The European Investment Bank (EIB) said on Thursday that it will provide a 110 million euro ($121 million) loan to state-owned Bulgarian Energy Holding to fund part of the Gas Interconnector Greece-Bulgaria (ICGB) project, which will also help establish a link with the Trans Adriatic Gas Pipeline (TAP).


Daily (10.10.2019): NBP spot tumbled by 19% on Wednesday due to rising imports from the North Sea and higher wind generation

10/10/2019 11:34:00

Crude oil prices were rather constant on Wednesday. Brent crude traded 0.1% up at $58.32 a barrel, as recent Turkish attacks against northeast Syria could affect the economy of the oil-producing Kurdistan region. Meanwhile, a more-than-expected rise in weekly crude stocks put pressure on the WTI futures, which slipped by 0.1% to $52.59 a barrel.


Exxon Mobil considers sale of Malaysian offshore assets for up to $3 bln

09/10/2019 14:54:00

U.S. energy giant Exxon Mobil Corp is considering a sale of its Malaysian upstream offshore assets for up to $3 billion, Bloomberg reported on Wednesday.