27 News & Press Releases found
Global Market Insights Inc. News
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Solar PV Module Market to witness steady growth of 8.5% during 2020-2026
According to a recent study from market research firm Global Market Insights, the solar PV module market is set to grow from its current market value of more than $35 billion to over $54 billion by 2026, gaining remarkable traction over the 2020 to ...
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Power Distribution Component Market to hit US$ 140 bn by 2025
As per a recent industry report put forward by Global Market Insights Inc., Power Distribution Component Market is forecast to register its name in the billion-dollar fraternity down the line of seven years, by exceeding a revenue of USD 140 billion ...
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Shell Bags License To Trade Oil Products In China’s Wholesale Market
Royal Dutch Shell plc (Shell), a renowned European multinational oil & gas company, has reportedly been awarded a trading license by the Chinese government that allows it to independently trade its oil products in China’s wholesale market. ...
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Iran Still Likely To Invest In Refinery Expansion, Says Indian Oil
India’s largest oil and gas company Indian Oil Corporation Limited recently said that Iran could still invest in one of its subsidiaries for a refinery expansion project. Sanjiv Singh, chairman of Indian Oil stated that Iran has not ruled out ...
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ALLETE Clean Energy unveils refurbishment of 50-MW Oregon wind farm
ALLETE Clean Energy, a fully owned subsidiary of ALLETE, reportedly announced the refurbishment of its 50-Megawatt Condon Wind facility located in Oregon, with the project estimated to be completed by 2019. As per trusted sources, the refurbishment ...
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First Gen and Tokyo Gas to develop Philippine’s first LNG project
Philippine-based power company First Gen Corp and Tokyo Gas Co have reportedly inked a preliminary agreement to collectively develop a project directed towards developing a liquified natural gas import terminal in the Philippines. As per trusted ...
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Allete, Xcel Energy ink new 5-year contract for existing wind farms
Allete Clean Energy, a Minnesota-based independent power producer and supplier, has recently approved a new 5-year power sale agreement between its Viking wind farms in southern Minnesota and Xcel Energy, Inc., whose original 15-year PPAs will ...
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Australian businesses unite to urge government to abort energy policy
Some of the biggest energy & business groups in Australia have reportedly come together in an effort to urge the Australian government to forgo its Big Stick approach in the matter of energy legislation. Apparently, the businesses are warning ...
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Comcast installs solar panels to power its headquarters in Manchester
Comcast has announced that it has completed a ground-mounted, 950-panel solar installation which would help in powering its Northeast Division headquarters located in Manchester, NH. Working with the solar energy firm Sunpower, Comcast has installed ...
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EU Parliament approves new rules to meet 2030 renewable energy target
The European Parliament has recently signed off on new renewables and energy efficiency regulations, including the approval of a renewable energy target of at least 32 percent for 2030. The renewables target would be binding throughout the European ...
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New South Wales unveils plan to upgrade power grid of the state
The coalition government of New South Wales (NSW) has reportedly announced its plan to upgrade its power grid in order to accommodate the output of the several new renewable energy projects that are currently in the development pipeline. Reports ...
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Lightsource BP expands U.S. business with two new solar projects
Lightsource BP, a renowned UK-based solar energy developer, has reportedly announced that it has signed two separate deals to construct two brand-new solar energy projects in the U.S. The largest solar energy developer in Europe that specifically ...
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Encana Corp to acquire Newfield Exploration in an all-stock agreement
Encana Corporation, a Canadian natural gas company, has reportedly announced that it has signed an agreement to acquire Texas-based Natural gas liquids company Newfield Exploration in an all-stock offer worth over $5.5 billion. Reports cite, all ...
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Siemens Gamesa bags 176.8 MW wind energy contracts from ReNew Power
Reports confirm that Siemens Gamesa Renewable Energy SA has won contracts for building and equipping 176.8 MW of wind power projects in India for ReNew Power, an independent power producer (IPP). The company will establish a 100.8 Megawatt (MW) wind ...
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SIMEC Atlantis enters French joint venture to build new tidal project
U.K. headquartered SIMEC Atlantis Energy, the tidal energy projects developer, has reportedly entered into a new joint venture with the Development Agency for Normandy (AD Normandy) for developing a tidal power project in Raz Blanchard, Normandy. ...
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Acciona to invest in renewable energy & infra projects in Philippines
Acciona S.A., a Spanish infrastructure company, has reportedly announced the expansion of its operations in Philippines and plans to recruit more manpower as it looks for opportunities in the renewable energy sector in collaboration with a local ...
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Saudi Aramco to acquire stakes in a mega oil refinery in China
Saudi’s Aramco is reportedly planning to buy a stake in an upcoming major Chinese refinery. It is the company’s new investment in the world’s largest oil market as it follows a strategy of procuring avenues for oil sales. Abdulaziz ...
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ReNew Power wins a 3 megawatt floating solar PV project contract
Indian renewable energy company, ReNew Power Ltd. has recently won a proposal for developing a 3 MW floating solar photovoltaic (PV) project in Visakhapatnam, Andhra Pradesh, marked as one of India’s largest floating solar PV projects. As per ...
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O&G magnate Exxon Mobil places wager on China’s soaring LNG sector
American oil and gas conglomerate, Exxon Mobil Corp. has reportedly made plans to tackle China’s soaring liquefied natural gas (LNG) demands by pouring in substantial capital for expanding the output of the super-cooled gas in places such as ...
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Clean Energy & BP ink agreement to boost renewable natural gas supply
Clean Energy Fuels Corp. – a California-based renewable natural gas (RNG) fuel provider for transportation, and BP Plc, a renowned multinational oil and gas company have reportedly announced that they have signed an agreement to boost the ...