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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

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Daily (24.05.2019): WTI futures slumped by 5.7% on Thursday, amid growing U.S.-China trade concerns

Crude oil prices plunged on Thursday, heading for a 6-month low, weighed by fears that the prolonged trade dispute between U.S. and China is turning into a technology cold war, or a threat to the global economic growth. Weaker U.S. data, swelling U.S. crude inventories and softer global demand outlook due to the easing U.S.-Iran tensions put more pressure on prices. WTI futures plummeted by 5.7% to 57.91 USD/bbl, while Brent crude price dipped by 4.6% to 67.76 USD/bbl.

read more... 24/05/2019

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Saudi Taqa sees $1.2bn in America, Middle East oil deals

Saudi Arabia is trying to develop manufacturing, services and technology businesses to move beyond crude oil sales for most of its revenue

read more... 29/04/2019

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Greece awards 437.8 MW in renewables auction, Juwi secures almost half

Greece’s Regulatory Authority for Energy (RAE) has awarded 437.78 MW of power generating capacity in its recent mixed-technology renewable energy tender, with Juwi Hellas securing 47% of the total volume.

read more... 24/04/2019

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China starts to build world's first space-based solar power plant

With scientists revealing plans to build the first solar power station in space, China is taking its renewable energy push to new heights, said the Sydney Morning Herald.According to China's Science and Technology Daily, construction of the first experimental space power plant began in Chongqing, southwest China, weeks ago. Li Ming, senior vice president of the China Academy of Space Technology, said China is expected to become the first country to build such a plant with practical value.

read more... 18/02/2019

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