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      American TPI Composites plans to invest $100 million for offshore wind blade factory in Türkiye

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      Turkish fund Oyak to buy Demiroren's auto fuel ops.

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      Digital platform VerdeYu to meet hybrid staffing needs in renewable energy

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      Experts warn of climate risks amid return to coal by some EU countries

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      Global offshore wind project capacity nearly doubles in 12 months

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      Europe gas prices rise 60% in two weeks as Russia reduces supply

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      Signaling shift to coal, EU explores alternatives to Russian supplies

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      8% growth in global energy investment insufficient to tackle energy crisis: IEA

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      ConocoPhillips joins as 3rd partner in Qatar's North Field East LNG expansion

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Eni, X–Elio to build 140 MW solar plants in Spain

- Eni will be responsible for plant construction and electricity commercialization

home > Finance, Solar, General 18.02.2021 12:58

Eni, X–Elio to build 140 MW solar plants in Spain

Italian multinational oil and gas company Eni signed an agreement with Spanish renewable energy firm X–Elio for the acquisition of three photovoltaic projects in southern Spain, according to Eni's statement on Thursday.

Eni will be responsible for the construction of the plants totaling 140 megawatts and electricity commercialization.

Under the agreement, the transfer of the projects will be subject to customary authorization starting from the second semester of 2021.

Commenting on the recent development, Claudio Descalzi, the chief executive officer of Eni, stated that 'the initiative will greatly reinforce Eni's presence in the Spanish market with a remarkable investment in the renewable energy sector, and it complements the existing businesses already established in the region.'

'The development of photovoltaic projects is consistent with our strategy in support of the energy transition and is a key element of Eni's commitment to reducing CO2 emissions,' he added.

By Gulsen Cagatay

Anadolu Agency

energy@aa.com.tr


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20.05.2022 Projects , Energy Diplomacy

Digital platform VerdeYu to meet hybrid staffing needs in renewable energy

- Additional 200,000 workforce projected to directly and indirectly work on renewables over next 5 years in Turkiye, company CEO says
20.05.2022 Finance , Renewable , Energy Projects

Turkiye's fourth drilling ship arrives at Tasucu Port in Mersin on May 19

- After two-month stint in Mersin, ship expected to sail to Eastern Mediterranean Sea
20.05.2022 Natural Gas , Finance , Projects , Turkey

Brent oil prices up on hope of stronger Chinese demand

- Declining Omicron cases in Shanghai boosts hopes for rising oil demand
19.05.2022 Oil , Finance , Asia , Americas

Turkiye's daily power consumption up 0.68% on May 18

- Electricity exports amount to 12,358 megawatt-hours and imports total 15,292 megawatt-hours
19.05.2022 Electricity , Finance

US crude oil inventories down 0.8% for week ending May 13

- Commercial crude oil stocks fall by 3.4 million barrels, against market expectation of 1.5 million-barrel draw
20.05.2022 Oil , Finance

bp and Linde to jointly develop carbon capture project in Texas

- Project, which plans to open by 2026, will store up to 15 million metric tonnes per year
19.05.2022 Renewable , Projects , Invesments , International Relations , Europe

Southeast Asia needs $190B a year by 2030 to meet climate goals

- IEA says major efforts required, including from international financing, to boost energy efficiency, renewable power and low emissions fuels
18.05.2022 Renewable , Projects , Invesments , Asia

South Korean CS Wind eyes offshore wind investment in Turkiye

- Company aims to produce 50 tower sections per week with help of new plant in Izmir
15.05.2022 Renewable , Wind , Invesments , Turkey , Asia

Metal prices to increase with growing demand in coming years: World Bank

- Demand for metals for renewable energy infrastructure and electric vehicles likely to increase in near future, pushing metal prices up
14.05.2022 Renewable , Invesments , Renewable , Europe , Asia

South Korean CS Wind set to open second wind tower factory in Turkiye

- Izmir and its surrounds becomes strategic hub for CS Wind's production, company CEO says
13.05.2022 Renewable , Wind , Invesments , Turkey , Asia

Cero Generation combines power and agriculture in new solar plant in Italy

- As an agrivoltaic plant, 65% of 135 hectares site will be used for agricultural crops
12.05.2022 Solar , Projects , Invesments , Europe

Vodafone to power UK operations with local solar farm

- Solar farms to supply more than 100 gigawatt-hours of renewable electricity annually
11.05.2022 Renewable , Solar , Projects , Invesments , Europe

Turkiye's fourth drillship to arrive on May 19

- "Cobalt Explorer" left South Korea on March 7
12.05.2022 Natural Gas , Finance , Turkey , General

Renewables set to break new record in 2022 despite supply chain challenges

- Growth mainly driven by solar PV in China and Europe despite supply chain challenges, delays and high raw material costs
11.05.2022 Renewable , Wind , Solar , Invesments , Europe , Asia

Solar power to enter 'terawatt age' by May with record installations in 2021

- In 2022, global solar is forecast to continue its decade-long record-breaking streak, installing more than 200 GW of solar for first time
11.05.2022 Finance , Solar , Invesments , Europe

Sustainability, eco-mobility offers new areas for Turkiye-Israel economic ties

- "It is very important to deepen cooperation between both countries cooperation for climate change challenges", senior Israeli diplomat says
10.05.2022 Renewable , Projects , International Relations , Turkey , Middle East-Africa

Spot market electricity prices for Monday, May 9

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 1.00 billion Turkish liras
09.05.2022 Electricity , Finance , Turkey

Spot market natural gas prices for Saturday, May 7

- 1,000 cubic meters of natural gas on spot market costs 11,505 Turkish liras
09.05.2022 Natural Gas , Finance

Turkiye's daily power consumption down 1.6% on May 7

- Electricity exports amount to 9,699 megawatt-hours and imports total 11,575 megawatt-hours
09.05.2022 Electricity , Finance , Turkey

Spot market natural gas prices for Thursday, May 5

- 1,000 cubic meters of natural gas on spot market costs 11,847 Turkish liras
06.05.2022 Natural Gas , Stock Market , Turkey , General

Equinor extends drilling and services contracts worth $2 billion

- Contract extension for drilling has estimated value of approximately NOK 14B ($1.48B) and will offer work to around 2,000
06.05.2022 Finance , Europe , General

Enough raw metals to produce 14M electric cars globally in 2023, study shows

- Even if raw material supplies tighten and remain below battery factory capacity, 21M battery electricity cars could still be produced by 2025
08.05.2022 Electricity , Projects , Europe

Spot market natural gas prices for Wednesday, May 4

- 1,000 cubic meters of natural gas on spot market costs 11,850 Turkish liras
05.05.2022 Electricity , Finance , Turkey

Turkiye's daily power consumption up 5.5% on May 4

- Electricity exports amount to 12,931 megawatt-hours and imports total 12,411 megawatt-hours
06.05.2022 Electricity , Finance , Turkey

High gas prices in 1Q22 reflected in Equinor's vast earnings

- War between Ukraine and Russia sends gas prices soaring in Europe
06.05.2022 Natural Gas , Finance , Europe , General

BHP sells coal company shares to Australian Stanmore for $1.35 billion

- Japanese Mitsui holds remaining 20% share in BHP Mitsui Coal company
04.05.2022 Coal , Invesments , International Relations , Europe

ExxonMobil to sell Romanian upstream affiliate for $1 billion+

- Romgaz gets all shares in ExxonMobil Exploration and Production Romania along with interest in Neptun natural gas block
05.05.2022 Natural Gas , Invesments , International Relations , Europe

Turkish firm exports artificial intelligence-based solar energy platform to five countries

- Solarify AI-based monitoring platform, developed through 100% in-house R&D studies, now in Ukraine, Greece, Senegal, Portugal, and Nepal
06.05.2022 Renewable , Invesments , Turkey

OMV sells filling stations in Germany for €485 million

- OMV targets achieving net zero by 2050
04.05.2022 Transportation/Fuel Oil , Projects , Invesments , Europe

Chevron launches new renewable fuel feedstocks joint venture

- Bunge to contribute soybean processing facilities while Chevron will contribute approximately $600 million in cash to joint venture
04.05.2022 Renewable , Invesments , Americas

bp to invest up to $22 billion in UK energy system by 2030

- Company has various projects in pipeline from oil and gas to renewable energy and hydrogen production facilities in UK
04.05.2022 Oil , Renewable , Invesments , Europe

Chevron posts $6.3 billion earnings for 1Q22

- Total revenues and other income of Chevron reach $54.37 billion for first quarter
02.05.2022 Natural Gas , Oil , Projects , Invesments , Americas

ExxonMobil 1Q22 earnings $3.4B lower due to Russia exit

- Total revenues and other income of company reach $90.50 billion in first-quarter
03.05.2022 Natural Gas , Oil , Invesments , Americas

Shell buys renewable energy company for $1.55 billion

- Company targets net-zero emissions by 2050
03.05.2022 Renewable , Invesments , Europe , Asia

Spot market electricity prices for Sunday, May 1

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 118.66 million Turkish liras
01.05.2022 Electricity , Finance , Turkey

Turkiye's daily power consumption down 2.05% on April 29

- Electricity exports amount to 11,467 megawatt-hours and imports total 11,605 megawatt-hours
01.05.2022 Electricity , Finance

US oil rig count up by 3 for week ending April 29

- Number of US oil rigs rise by 210 compared to one year ago
02.05.2022 Oil , Finance , Americas

Electricity and gas bill rise in EU households in 2H21

- Cheapest electricity and gas per 100 kilowatt-hours is in Hungary at €10.01 and €3.05, respectively
01.05.2022 Electricity , Finance , Europe

Shell and TotalEnergies buy shares in Brazil's Atapu oil and gas field

- Petrobras holds majority share at 52.5% while Shell and TotalEnergies have 25% and 22.5%, respectively
28.04.2022 Finance , International Relations , Europe , Americas

Spot market electricity prices for Thursday, April 28

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 1.09 billion Turkish liras
27.04.2022 Electricity , Finance , Turkey

Spot market natural gas prices for Tuesday, April 26

- 1,000 cubic meters of natural gas on spot market costs 11,948.16 Turkish liras
27.04.2022 Natural Gas , Finance

Turkiye's daily power consumption up 2.2% on April 26

- Electricity exports amount to 12,448 megawatt-hours and imports total 11,649 megawatt-hours
27.04.2022 Electricity , Finance , Turkey

Russia to halt gas supply to Poland, Bulgaria amid ‘ruble’ row

- Poland to become 1st country to be cut off from gas by Gazprom since start of Russia’s war on Ukraine
27.04.2022 Natural Gas , Finance , Eurasia

Construction underway on Centrica's first solar farm

- Centrica plans to deliver 900 megawatts of solar and battery storage by 2026
27.04.2022 Solar , Invesments , Europe

Iberdrola starts construction of Baltic Eagle offshore wind farm

- Iberdrola expects to have 12,000 MW of offshore wind energy in operation by 2030
27.04.2022 Wind , Invesments , Europe
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