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Daily (14.06.2021): European power prices decreased on Friday amid strong renewable output and weaker CO2 markets
Oil prices rose on Friday, hitting fresh multi-year highs as an improved demand outlook continues to boost market sentiment. The rollout of the vaccine in North America as well as Europe is helping to restore demand, while crude supplies remain unchanged. Thus, Brent crude edged 0.2% higher at $72.69 a barrel. At the same time, WTI crude increased by 0.9% to settle at $70.91 a barrel.
read more... 14/06/2021
Italy aims to generate over $1.2B in investments for gigafactory
Italy aims to spur total investments of more than one billion euros ($1.22 billion) to build an electric-car battery factory with automaker Stellantis expected to play a leading role, three government sources told Reuters.
read more... 11/06/2021
Renault Puts Unproductive French Plants to Work on Electric Cars
Renault SA revealed just how much work is needed to improve productivity at three French factories the struggling carmaker is trying to turn into one of Europe’s biggest hubs for electric vehicles.
read more... 10/06/2021
Daily (17.05.2021): Oil prices increased by over 2% on Friday, on optimism over strong demand recovery in the US
Crude oil prices rebounded on Friday, lifted by prospects of strong demand recovery the United States and a weaker dollar. Brent oil rose by 2.5% to $68.71 a barrel and WTI crude was 2.4% up at $65.37 a barrel.
read more... 17/05/2021
Divestments and higher top line boost First Solar's Q1 profit
US thin-film photovoltaics (PV) maker First Solar Inc (NASDAQ:FSLR) more than doubled its net profit in the first quarter (Q1) amid growing sales, pushing it to slightly upgrade the upper range of its full-year sales forecast.
read more... 03/05/2021