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OMV and Verbund to build Austria's largest solar plant
Austria’s oil and gas group OMV and utility Verbund have agreed to jointly build a solar plant that will have the capacity to supply 5,500 households with electricity, the companies said on Monday.
read more... 02/07/2019
Daily (01.07.2019): Carbon prices fell by around 2.3% on Friday, amid quarter-end profit-making
Crude oil prices were bearish on Friday, as traders awaited the outcome of the meeting of the U.S. President Donald Trump with the Chinese President Xi Jinping. As a result, WTI futures settled 1.6% lower at $58.47 a barrel, while Brent crude remained flat at $66.55 a barrel. However, expectations for a prolongation of crude output cuts by OPEC members and their allies at their meetings on July 1-2 limited losses.
read more... 01/07/2019
Russia, Saudi agree to extend OPEC production cut deal: Vladimir Putin
Russia and Saudi Arabia have agreed to extend a deal to keep oil production low owing to abundant world supplies, President Vladimir Putin said on Saturday.
read more... 01/07/2019
Europe to surpass 250 GW solar power by 2024
Europe will have more than 250 GW of solar power capacity by 2024, with annual installations reaching roughly 20 GW in the early 2020s, Wood Mackenzie Power & Renewables says in a new report.
read more... 01/07/2019
Siemens to deliver power island for Yerevan 2 in Armenia
Global technology company Siemens has received a contract to deliver a power island for the new Yerevan 2 combined cycle power plant (CCPP) in Armenia.
read more... 01/07/2019