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Ørsted starts construction at Borssele 1 and 2 offshore wind farm

Denmark-based power company Ørsted has started construction at the 752MW Borssele 1 and 2 offshore wind farm, located 22km off the coast of Zeeland province, in the Netherlands.

read more... 14/01/2020

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Clean power investment 'needs to hit $750bn'

Investment in renewable energy needs to double to almost $750bn from $330bn currently to deploy clean power at the speed needed to achieve sustainable development goals and tackle climate change, according to the International Renewable Energy Agency (IRENA).

read more... 14/01/2020

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Daily (13.01.2020): Crude oil prices at their first weekly loss since November as U.S.-Iran confrontation fears receded

Crude oil prices recorded their first weekly loss since November as worries about a wider U.S.-China confrontation faded, with investors focusing on an unexpected weekly rise in U.S. crude stockpiles.

read more... 13/01/2020

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Azerbaijan inks 440MW clean power double

Azerbaijan has agreed separate deals with ACWA Power and Masdar to develop renewable energy projects totalling 440MW in the country.

read more... 13/01/2020

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Rostov unit 1 cleared to operate until 2031

Russian regulator Rostechnadzor has issued an operating licence extension for unit 1 of the Rostov nuclear power plant in southwest Russian to 2031. As of 9 January, the VVER-1000 unit had generated 148.174 terawatt hours of electricity since it started operations in 2001.

read more... 13/01/2020

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