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COVID-19 Will Permanently Reduce Global Energy Demand: DNV GL

According to a new report, the behavioral and economic ramifications of COVID-19 will permanently reduce global energy demand. According to the recently published Energy Transition Outlook by DNV GL, the behavioral and economic ramifications of COVID-19 will permanently reduce global energy demand. The report finds that compared to the pre-pandemic forecast, energy demand will be []

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Total and PSA Form JV ACC to Manufacture EV Batteries in Europe

PSA and Tota have formed a JV ACC for the development and manufacture of high-performance batteries for the automotive industry from 2023. Groupe PSA/Opel and Total/Saft have signed an agreement for the creation of the joint venture ACC. With this partnership, the parties are setting up a world-class player in the development and manufacture of high-performance []

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Saipem to Co-Develop 450 MW Offshore Wind Farm in Italy

Saipem has announced the signing of an MoU with AGNES and QINTX to co-develop a 450 MW offshore wind farm in the Adriatic Sea off the coast of Italy. Saipem has announced the signing of a Memorandum of Understanding (MoU) with AGNES, a company that develops renewable energy projects in the Adriatic Sea, and QINTX, []

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Danske Signs 15-Year PPA With Worlds Largest Offshore Wind Farm

Equinors energy trading arm Danske Commodities has signed a 15-year offtake PPA with the worlds largest planned offshore wind farm, Dogger Bank. Equinors energy trading arm Danske Commodities has announced that it has signed a 15-year offtake power purchase agreement (PPA) with the worlds largest planned offshore wind farm, Dogger Bank. Under the []

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Using RE to Power LNG Plants Could Reduce Emissions by 8% in APAC: WoodMac

Using RE to power LNG plants in Asia Pacific (APAC) could reduce emissions by about 8 percent, according to an analysis by Wood Mackenzie. Using renewable energy (RE) to power liquefied natural gas (LNG) plants in Asia Pacific (APAC) could reduce emissions by about 8 percent, according to an analysis by Wood Mackenzie. Asia Pacific []

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EDPR Sells its 242 MW Wind Portfolio for EUR 426 Mn to Finerge

EDPR has signed an agreement with Finerge to sell its entire stake in a 242 MW operational wind portfolio to the Portuguese firm for EUR 426 million. EDP Renewables, a global leader in the renewable energy sector and one of the largest wind energy producers in the world, has signed a Sale and Purchase Agreement []

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Tender Issued for Supply of 50 Electric Buses in Assam

ASTC has issued an RfP, inviting bids from eligible OEMs for the supply of 50 air-conditioned (AC) and non AC electric buses in the state of Assam. The Assam State Transport Corporation (ASTC) has issued a request for proposal (RfP), inviting bids from eligible vendors/ Original Equipment Manufacturers (OEM) for the supply of 50 air-conditioned []

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Tata Projects Completes 110 km Transmission Line Project in Thailand

TATA Projects, with its consortium partners, has completed the work on a 110 km stretch of the 200-km Surathani-Phuket transmission line project in Thailand. TATA Projects, one of Indias fastest growing infrastructure companies has announced that it has, along with its consortium partners, completed the work on an important 110 km stretch of the 200-km Surathani-Phuket transmission []

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Offshore Wind to Surge to 234 GW by 2030, Create 900K Jobs: GWEC

Global offshore wind capacity will surge to over 234 GW by 2030 from 29.1 GW at the end of 2019, led by exponential growth in the Asia-Pacific region Global offshore wind capacity will surge to over 234 GW by 2030 from 29.1 GW at the end of 2019, led by exponential growth in the Asia-Pacific []

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