Renewables’ growth so far this year is much faster than initially expected, driven by strong policy support in China, the European Union and Latin America, which are more than compensating for slower than anticipated growth in the United States
renewable energy
Posted inNews, Energy Transition
Iran launches tender for 4GW solar PV capacity
SATBA, Iran’s Renewable Energy and Energy Efficiency Organisation, wants to select proposals for PV solar projects up to 10MW in size over the next four years
Posted inNews
McDermott wins monumental EPCIC contract for Germany offshore project
This is McDermott’s biggest contract win for a renewable energy project yet, although the project value remains undisclosed
Houston-based engineering and construction giant McDermott has won its largest-ever renewable energy contract from TenneT to provide engineering, procurement, construction, installation and commissioning (EPCIC) services. The win is for the BorWin6 980MW High-Voltage, Direct Current (HVDC) project located 190km offshore Germany, on the Platform North Sea Cluster 7, at a depth of 40m, according to […]
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BP, Oman announce partnership on renewable energy, hydrogen
The agreement will see BP capture and evaluate solar and wind data from 8,000 square kilometres of land
Energy giant BP and Oman’s Ministry of Energy and Minerals signed a Strategic Framework Agreement (SFA) and a Renewables Data Collection Agreement on Monday. The agreements aim to support the development of multiple gigawatt renewable energy and green hydrogen development in Oman by 2030. The agreement will see BP capture and evaluate solar and wind […]
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India’s Reliance to reevaluate $15 billion deal with Saudi Aramco
The sale had been in process since August 2019.
Saudi Arabian oil giant Saudi Aramco and Reliance, India’s largest petrochemical firm, have mutually agreed to reevaluate a $15 billion deal for Aramco to purchase a 20 percent stake in Reliance’s oil-to-chemical business. The sale had been announced in 2019, but progress has been slow. Oil prices crashed last year due to a huge demand […]
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