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Siemens Gamesa Sells Three PV Power Plants in Spain

Siemens Gamesa Sells Three PV Power Plants in Spain

Siemens Gamesa Renewable Energy (SGRE), through its subsidiary SGRE 9Ren, has sold three operational solar photovoltaic plants to Aurea Capital in Spain, a fund that specializes in renewable energy and infrastructure, the company announced on Wednesday.

US Homes Spend $129 P.A. for Cooking, Storing, Heating

US Homes Spend $129 P.A. for Cooking, Storing, Heating

U.S. households spend at least $129 on average for cooking, storing and heating food every year, according to the country's Energy Information Administration (EIA) data on Monday.

Exxonmobil Begins Drilling as US Hails Promise of East Med

Exxonmobil Begins Drilling as US Hails 'Promise' of East Med

As ExxonMobil and Qatar Petroleum began exploratory drilling in Block 10 of Cyprus’s exclusive economic zone (EEZ) on Friday, the US assistant secretary of state responsible for energy expressed Washington’s “excitement” over the catalytic role the exploitation of natural energy resources in the Eastern Mediterranean will have in the region’s development.

Japans Energy Dependent on Reforms, non-Hydro in Grid

Japan's Energy Dependent on Reforms, non-Hydro in Grid

Japan’s power sector needs regulatory reforms and the ability to integrate non-hydro renewables into a central grid to overcome the multiple challenges the sector faces, GlobalData said in a statement on Friday.

Putin at Turkstream Event: Turkey is Key Energy Hub

Putin at Turkstream Event: Turkey is Key Energy Hub

Turkey is becoming an important international energy hub as the TurkStream pipeline project becomes a reality, Russian President Vladimir Putin said in Istanbul on Monday. Becoming an energy hub will strengthen Turkey’s geopolitical position, Putin said at a ceremony alongside Turkish President Recep Tayyip Erdogan marking completion of the pipeline’s offshore section.

Global Oil-Gas Mergers Value Increases by 77% in 3Q18

Global Oil-Gas Mergers Value Increases by 77% in 3Q18

A total of 362 deals with a combined value of around $80 billion were registered in the global upstream oil and gas industry in the third quarter of 2018, according to GlobalData, a U.K.-based data and analytics company on Wednesday

ABB Enabling Worlds Largest Hi-Voltage DC Grid in China

ABB Enabling World's 'Largest' Hi-Voltage DC Grid in China

Zurich-based Swiss-Swedish multinational corporation ABB will enable the Zhangbei high-voltage direct current (HVDC) grid in the Beijing-Tianjin-Hebei area of China, integrating remote wind, solar and hydro energy in a transmission ring that ensures optimization of power flow, the company said Tuesday

Turkeys Ranking Improves in World Energy Trilemma 2018

Turkey's Ranking Improves in World Energy Trilemma 2018

Turkey climbed six places to rank 44 in the World Energy Trilemma Index 2018, which the World Energy Council (WEC) administrated, WEC Turkish National Committee announced Wednesday

Turkey Announces Start-Date for Offshore Operations in Mersin

Turkey Announces Start-Date for Offshore Operations in Mersin

The U.S.-based Rowan Companies' drillship, Rowan Norway, arrived in Turkey's Mediterranean coast near Mersin to conduct test drilling for hydrocarbon reserves around the region, according to the Turkish Naval Forces Office of Navigation, Hydrography and Oceanography (SHOD) on Monday

EU Parl. Approves Binding 32 Pct Renewables Goal for 2030

EU Parl. Approves Binding 32 Pct Renewables Goal for 2030

The EU Parliament on Tuesday approved a binding 32 percent renewables target and an indicative target of 32.5 percent increase in energy efficiency by 2030, marking a significant step towards meeting the EU's climate goals

Drillship on Mission in Conflict Zone Offshore Cyprus

Drillship on Mission in Conflict Zone Offshore Cyprus

The Stena Icemax, a drillship leased by ExxonMobil, has arrived in the offshore Block 10 of the Cyprus Island to conduct upstream activities, Athens News Agency, AMNA reported on Monday

Wind to be EUs Largest Power Source Well Before 2030

Wind to be EU's Largest Power Source Well Before 2030

Wind energy is set to overtake coal, nuclear and gas to become the EU’s largest power source well before 2030, WindEurope quoted the International Energy Agency's (IEA) World Energy Outlook Report on Tuesday

Government Aid Could Deliver 20K Irish Wind Sector Jobs

Government Aid Could Deliver 20K Irish Wind Sector Jobs

The Irish Wind Energy Association (IWEA) and the National Offshore Wind Energy Association of Ireland (NOW Ireland) identified specific governmental action to enable substantial offshore wind energy development while providing an estimated 20,000 jobs, the IWEA said in a statement on Wednesday

Turkey Sets Ceiling Price At $0.055/kWh in Wind Tender

Turkey Sets Ceiling Price At $0.055/kWh in Wind Tender

A maximum ceiling price offer of $0.055 per kilowatt-hour (kWh) has been set for Turkey's second Renewable Energy Resources Zones (YEKA) wind energy tenders for a total capacity of 1,000 megawatts, the Turkish Energy and Natural Resources Ministry announced Wednesday