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UL Receives Accreditation to Test RE Plants in India per CEA Grid Codes

UL has received accreditation from DAkkS that enables it to test renewable energy (RE) power plants per CEA of India grid codes. UL, a global safety science company, has announced that it has received accreditation from Deutsche Akkreditierungsstelle GmbH (DAkkS) that enables it to test renewable energy (RE) power plants per Central Electricity Authority (CEA) […]

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bp Energy Outlook Explores Possible Paths for Global Energy Transition

The 2020 edition of the bp Energy Outlook explores possible paths for the global energy transition, how global energy markets may evolve over the next thirty years and the key uncertainties that may shape them. Looking out to 2050, the Outlook is focused around three main scenarios. In the main scenarios, it considers, global energy […]

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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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NTPC Enlisting EPC Vendors for Floating & Ground Mounted Solar Projects

NTPC Ltd has issued an NIA for the enlistment of EPC Vendors for the development of floating or ground-mounted solar power projects of NTPC. NTPC Ltd has issued a Notice Inviting Applications (NIA), inviting applications from eligible firms for the enlistment of EPC Vendors for the development of floating or ground-mounted solar power projects of […]

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Continued Scaling up of Wind Energy is Critical to Jobs: WindEurope

With the right regulatory framework in place, wind energy promises immediate and lasting jobs creation to spur the EU economy. In its Recovery Strategy, the EU Commission encouraged the Member States to invest in green and future-proof technologies such as wind. With the right regulatory framework in place, wind energy promises immediate and lasting jobs […]

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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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Ørtsed Reports Strong First Half for 2020, Operating Profit of $1.5 Bn

Ørsted has issued its interim report for the first half of 2020, reporting an operating profit (EBITDA) of USD 1.5 billion, an 11 percent increase YoY The Board of Directors at Ørsted has approved the interim report for the first half (H1) of 2020. The firm reported an operating profit (EBITDA) of DKK 9.8 billion […]

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Bosch Signs 3 Long-Term Agreements to Procure Solar Power

Bosch has signed three exclusive long-term purchasing agreements for solar electricity with the providers RWE, Statkraft, and Vattenfall. Bosch is expanding in-house power generation at its locations and is set to be a long-term customer of renewable electricity from newly constructed wind and solar parks. To this end, the supplier of technology and services has […]

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