Energy Update

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Gamesa, a leading player in the renewable energy space, today announced its latest solar project totalling 15 MW in the state of Tamil Nadu.

* BP says McKay to help run company amid oil price storm (Adds details, background)

Banco Santander SA is considering investing in the U.K.’s rooftop solar power market, despite deep cuts to feed-in tariff subsidies coming into effect next week.

LONDON, Feb 1 (Reuters) - The suggestion last week that some of the world's largest oil producers could join forces to cut output prompted investors to make the largest addition to their bullish price bets in four years, data on Monday from the Intercontinental Exchange showed.

China’s new installed wind power capacity reached 30.5 GW in 2015, representing a significant growth of 31.5 percent from a year earlier, according to statistics released by the Chinese Wind Energy Association.

Gamesa Corp. Tecnologica SA of Spain and Siemens AG are in talks to merge wind power units, a combination that could create the world’s largest wind turbine maker.

* Share of non-energy costs in electricity bill rises to 60 pct

Here, we answer questions on the important steps countries must take to ensure that the Paris Agreement comes into force.

JERUSALEM, Feb 1 (Reuters) - Israel, Cyprus and Greece have agreed to deepen their energy, security and tourism ties in the Eastern Mediterranean, a deal that may have implications for Israel's testy relationship with the European Union, too.

SAINT-NAZAIRE, France, Feb 1 (Reuters) - Cruise ship company MSC Cruises on Monday confirmed orders for four ships in a 3-billion-euro ($3.26 billion) deal that will secure thousands of jobs at the STX shipyard in St-Nazaire in the west of France.

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