India is the cheapest solar energy producer, beats China
India installs utility-scale solar PV projects at $793/kW compared to the global average of $1210/kW...
Category : Energy
Enel completes sale of 540 MW renewable plants in Brazil for $2.9 bn
The three assets for sale include two solar plants and one wind farm in Piaui and Bahia...
Gazprom to pay dividends according to IFRS in 2-3 years
Record pipeline investments could boost Gazprom’s free cash flows and dividends further...
Spain writes to the EU proposing a ‘carbon border tax’ on power imports
The move reflects the country’s efforts to achieve environmental targets amid rising climate change...
Egypt’s petroleum sector to attract $10 bn worth investments in 2019-20
The new investments will add to the existing $30 billion investments in the sector over the last three years...
Economic slowdown pushes global power and utility M&A deals into steep dive
According EY, the M&A market is down 80% to $20.6 bn in Q1 from a record high of $97 bn in the same period last year...
Piramal, Canada pension plan launch $600 mn renewable energy fund
CPPIB will contribute $360 million and Piramal will provide financing of $90 million to the renewable energy fund...
Siemens ‘can win large part’ of $14 bn Iraq electricity deals
Siemens plans to increase Iraq’s power production capacity by 50% by building new plants and upgrading existing ones...
Dewa M-Station project is the largest power and desalination plant in UAE
The project’s extension in Jebel Ali cost Dh1.527 billion and has new generating units with a total capacity of 700MW...
Fiat partners with Tesla to meet European Union emissions target
The new target expects all cars sold in the European Union to reduce carbon-dioxide emissions from 130 grams per kilometer to 95 grams by 2021...