Latest news
Statkraft to add 500 MW of wind power in Brazil - report
Norwegian state-owned energy company Statkraft AS plans to invest roughly BRL 2 billion (USD 482.6m/EUR 432.7m) in the development of nearly 500 MW of wind projects in Brazil.
read more... 22/10/2019
Daily (21.10.2019): NBP spot jumped by 5.8% on Friday, due to unscheduled outages at the Forties oil and gas pipeline
Oil prices edged lower on Friday following data indicating that the Chinese economy registered the slowest growth in nearly three decades. Ongoing trade negotiations between China and U.S. and the rising amount in crude stockpiles also put pressure on prices. Hence, Brent crude dropped by 0.8% to end at $59.42 a barrel, while WTI futures lost 0.3% to settle at $53.78 a barrel.
read more... 21/10/2019
Saudis to invest $3B in Bangladesh gas-to-power project
Saudi utility company ACWA Power and Saudi Aramco are set to invest $3 billion in a gas-to-power project in Bangladesh, the local government said in a Memorandum of Understanding ceremony last week.
read more... 21/10/2019
Solar PV market set for growth over next 5 years: IEA
The world’s total renewable-based power capacity will grow by 50% between 2019 and 2024, according to an International Energy Agency (IEA) report on Monday.
read more... 21/10/2019
Poland's cleaner power imports pile pressure on coal energy
Poland is on track to import a record amount of electricity this year as power traders buy cheaper and cleaner electricity from neighboring countries, reducing demand for the mostly coal-fired energy produced by state-run utilities.
read more... 21/10/2019