Latest news
Prices fall in Greece's renewables tender with 503 MW awarded
Greece has awarded 502.94 MW of wind and solar power capacity in its latest mixed renewables tender, with bids hitting as low as EUR 49.11 (USD 53.06) per MWh.
read more... 07/04/2020
Russia To Cut 1 Million Barrels Per Day, But Under One Condition
Russia may be willing to reduce its oil production by as much as 1 million bpd, or a little under 10 percent of its March average but only if the United States joins the cuts, Bloomberg has reported citing sources it said were familiar with the dominant sentiment in the industry.
read more... 07/04/2020
Renewables surge by 176GW in 2019
The renewable energy sector added 176GW of generating capacity globally in 2019, slightly lower than the 179GW added in 2018, according to a new report.
read more... 07/04/2020
Daily (06.04.2019): Brent crude jumped by nearly 14% on Friday, on hopes for new output cuts by world oil leaders
Crude oil prices rebounded on Friday, marking the first weekly rise in more than a month, after OPEC leader, Saudi Arabia, announced the willingness to have an emergency meeting to potentially cut oil supplies and solve the oil price war. Consequently, Brent crude for June delivery traded 13.9% higher at $34.11 a barrel. Similarly, WTI futures spiked by 11.9% to $28.34 a barrel.
read more... 06/04/2020
Innogy commits to 342MW Kaskasi
Innogy has given the go-ahead to its third German offshore wind farm having taken a final investment decision (FID) for the construction of the 342MW Kaskasi project in the North Sea.
read more... 06/04/2020