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Daily (30.09.2019): European spot power prices seen in a sharp fall on Friday due to strong supply

Crude oil prices lost ground on Friday, after media reported about a potential reduction of the U.S. investment portfolio into China, raising prospects of an aggravation of the U.S.-China trade tensions. Further pressure came from a contraction in the profits earned by Chinese industrial companies in August. In addition, Saudi Arabia’s strong efforts to bring its oil output back on track sooner than expected continued to weigh on prices. Brent crude fell by 1.3% to $61.91 a barrel, while WTI futures inched down by 0.9% at $55.91 a barrel.

read more... 30/09/2019

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SDCL to buy 125-MW of Spanish CHP, biomass assets

UK investment firm SDCL Energy Efficiency Income Trust plc said today it has agreed to buy a 125-MW portfolio of combined heat and power (CHP) and biomass plants in Spain.

read more... 20/09/2019

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Belgian capacity market will lead to oversupply – Anode

Belgium’s plans to launch a capacity market could lead to an oversupplied system, which will hurt profitability for new and existing power plants, said Anode Energie portfolio manager Kris Voorspools.

read more... 17/09/2019

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Spain's Powertis develops 765 MW of PV projects in Brazil

Powertis SA, a Madrid-based developer of large-scale photovoltaic (PV) projects in Europe and Latin America, is working on a portfolio of 765 MW of solar power capacity to be installed in the Brazilian states of Minas Gerais and Sao Paulo.

read more... 06/09/2019

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ABO Wind unveils 450-MW Spanish wind-solar sale, Hungarian milestone

German renewables developer ABO Wind AG has completed the sale of a 450-MW wind and solar project portfolio in Spain and tied to the grid 5 MW of solar power capacity in Hungary.

read more... 05/08/2019

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