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Masdar, EDF laud first power from 400-MW wind farm in S Arabia
France’s EDF Renewables and Masdar have produced first power from their 400-MW Dumat Al Jandal wind farm in Saudi Arabia, the Kingdom’s first utility-scale wind park and the largest one in the Middle East.
read more... 09/08/2021
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Daily (03.08.2021): European spot electricity prices skyrocketed by over 200% on Monday amid expectations of low wind
Crude oil prices fell for the second day in a row on Monday as highly contagious Delta variant of coronavirus sparked new mobility restrictions around the world, raising worries about demand recovery. Higher crude output from OPEC producers put further downward pressure on crude prices. Hence, Brent crude shed by 4.9% to settle at $72.58 a barrel. U.S. WTI crude ended 3.6%, lower at $71.26.
read more... 03/08/2021
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Longroad locks term financing for 200-MW solar park in Arizona
US-based Longroad Energy Holdings LLC has achieved commercial operations at its 200-MW DC Sun Streams 2 solar park in Arizona and finalised term financing for the asset, the renewables developer said on Tuesday.
read more... 21/07/2021
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Commissioning of 382.7-MW Dutch nearshore wind farm faces delay
The 382.7-MW Fryslan nearshore wind park in the Frisian part of the Ijsselmeer Lake in the Netherlands will become fully operational after the summer season, later than the initial deadline, the project developer said today.
read more... 25/05/2021
IKEA makes first solar park investment in Russia
Ingka Group, the owner of most IKEA stores world-wide, has agreed to buy a 49-percent stake in eight solar parks in Russia from Solar Systems LLC, marking its first investment in renewable energy in the country.
read more... 14/04/2021