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Daily (17.08.2021): EUAs strongly rebounded on Monday amid a bullish energy complex

Crude oil prices eased on Monday after data showed Chinese factory output and retail sales growth slowed sharply in July due to new restrictions. However, sources said that OPEC and its allies believe the markets do not need more oil than they plan to release in the coming months, limiting losses. As such, Brent crude fell by 1.7% to settle at $67.29 a barrel. At the same time, the American WTI lost 1.6% at $69.51 a barrel.

read more... 17/08/2021

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Europe to boost battery production as electric shift accelerates

As electric car sales take off and petrol engines face being phased out by 2035, Europe is looking to develop its own battery production base.

read more... 27/07/2021

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Recurrent Energy offloads 250 MW of solar projects in Texas

US renewables developer Recurrent Energy LLC has finalised the sale of a 328-MWp/250-MW bundle of two solar projects in Texas, due to be commissioned by September.

read more... 22/07/2021

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Britain to ban all new diesel and petrol heavy goods vehicles from 2040

Britain will ban the sale of new petrol and diesel heavy good vehicles from 2040 as part of a broader package of green initiatives aimed at achieving net zero emissions from all forms of transport ten years later.

read more... 14/07/2021

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Eni buys Italian onshore wind portfolio

Clean energy fund manager Glennmont Partners and PGGM Infrastructure Fund have agreed on the sale of one of the largest Italian onshore wind project portfolio to Eni.

read more... 13/07/2021

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