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OPEC+ meeting to test ability to keep market tight
- Amid concerns of group's likely decision to raise output, experts say meeting will also reflect group’s strength, coherence
FDA okays storing Pfizer vaccines in standard freezers
- Move will allow vials to be transported and stored under more flexible conditions, says FDA official
EU sets 3-month target for introducing vaccine certificates
- EU heads of state, governments begin 2-day virtual summit to discuss vaccinations and travel restrictions
Iberdrola makes record €9.24 bln. investments in 2020
- Iberdrola reaffirms target to double installed renewable capacity to 60 gigawatts by 2025 and 95 gigawatts by 2030
Turkey's Gumbel, Germany's SMA ink 70 MW inverter deal
- SMA Group's products will be firstly used in Aegean and Central Anatolian regions, Turkey's Gumbel Group says
ENGIE and Equinor to explore low-carbon hydrogen
- Partners will investigate the production and market potential for hydrogen from natural gas
Wind support scheme extension offers investor security
- Extension of wind support scheme will add 2 gigawatts this year on top of 1.2 gigawatts of installations last year
Biden raises economy, rights abuses in call with Chinese premier
- Two leaders also discuss COVID, global health security, climate change and preventing weapons proliferation
Europe installs 26% larger capacity wind farms in 2020
- In Europe, 5,402 offshore wind turbines connect to the grid, totaling 25,014 MW of installed power capacity
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bp, EnBW chosen as preferred bidder for UK wind leases
- 50-50 joint venture between bp and EnBW to develop and operate leases marks bp's entry into UK's offshore wind sector
Siemens, Air Liquide to cooperate on hydrogen production
- Companies to focus on creating large industrial-scale hydrogen projects in Germany and France
Europe sees 25 GW offshore wind capacity at end of 2020
- Europe accomplishes record €26.3 billion in financing for new wind projects in 2020
Total boosts US portfolio with large solar facility
- Solar energy facility consists of four large-scale solar projects, each with co-located battery energy storage systems
Denmark to build 2 offshore wind energy hubs
- First energy hub phase of artificial island in North Sea will provide clean power to 3 million households
Global offshore wind capacity to grow 37% in 2021
- This year, China will contribute 63% of expected growth and lead new capacity additions
04.02.2021
Wind
IRENA boosts sustainable hydropower through partnership
- Partnership activities will focus on development, sharing knowledge and best practices
BMW Group sources aluminum produced from solar energy
- Decision considered a milestone on road to company's goal of lowering CO2 emissions by 20% by 2030
BP posts $20.3 billion loss in 2020
- Despite huge loss in 2020, firm recorded $1.4 bln. profit in 4th quarter of 2020 compared to $0.5 bln. loss in 3rd quarter
Turkey’s foreign minister holds talks in TRNC
- Mevlut Cavusoglu met with Turkish Cypriot authorities to discuss issues on common agenda
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Global gas demand expected to rise by 2.8% this year
- Natural gas demand recovery remains fragile for 2021 as uncertainties continue, new IEA report says
27.01.2021
Natural Gas
S. Arabia to invest $2.5 billion in Uzbekistan's energy
- Uzbekistan aims to generate 40% of electricity from renewable sources, constructing 30 solar and wind power plants by 2031
Renewables overtake fossil fuels in Europe in 2020
- Europe's electricity in 2020 was 29% cleaner than 2015 with carbon dioxide per KWh dropping to 226 grams from 317 grams
Oil down over estimated rise in US stocks
-Fueling weak demand fears, US crude oil inventories are forecast to rise by over 2.5 million barrels, API figures show
Siemens Energy to drive hydrogen economy in Middle East
- Initial focus of activity will be in Abu Dhabi and over time will be extended to other international markets
EBRD to give €26M to build new wind farms in Poland
- Total planned capacity of farms is 51.4 MW, and when built will prevent 126,000 tonnes of carbon dioxide annually
Oil prices to stay below $60 in 1H21: Report
- Supply expected to stay well below pre-crisis levels in first half of 2021
Denmark leads zero-emission urban buses in Europe
- Zero-emission urban buses help combat air pollution, tackle climate change and reduce noise
Ecuador secures historic deal with US development bank
- Funds set to alleviate country’s longstanding debt with Asia and boost its economy amid COVID-19 pandemic