Iberdrola SA will receive EUR 800 million (USD 906.7m) in green loans from the European Investment Bank (EIB) and Instituto de Credito Oficial (ICO) for the development of over 2,000 MW of renewable energy projects in Spain.
read more... 10/07/2020
Crude oil futures were little changed on Tuesday as an apparent optimism that U.S. crude inventories will decline this week was overshadowed by the surge in coronavirus cases in parts of the world which continued to pressure prospects for energy demand. Hence, Brent crude for September delivery steadied at $43.08 a barrel, while the U.S. WTI crude stagnated at $40.62 a barrel.
read more... 08/07/2020
Quarterly renewables share has never previously exceeded 40% of total electricity generation, according to the BEIS report
read more... 29/06/2020
The Norwegian government today announced it will be opening two areas for offshore renewables that provide the opportunity to develop a combined 4,500 MW of wind power.
read more... 15/06/2020
Crude oil futures lost ground on Monday despite OPEC+ cuts as traders switched their focus on the announce that top producer Saudi Arabia and Gulf producers are not willing to extend cuts after June. Hence, Brent crude for August delivery fell by $1.50, or 3.6%, to settle at $40.80 a barrel. At the same time, U.S. WTI crude shed by $1.36, or 3.4%, to end at $38.19 a barrel.
read more... 09/06/2020