Energy Update
Last week renewable energy monitoring, controls, and asset management providers AlsoEnergy and skytron energy announced a merger. In addition, AlsoEnergy said that it was acquiring the assets of floundering Draker and will honor and support the contracts for the 2 GW worth of solar assets that Draker had been monitoring for its customers.
Total corporate funding (including venture capital funding, public market, and debt financing) into the solar sector in Q2 2018 rose 12.5 percent quarter-over-quarter to $2.8 billion from the $2.5 billion raised in Q1 2018, according to a report by Mercom Capital.
American Electric Power Co.’s $4.5 billion Wind Catcher project was done in by shaky economics, and may become a teaching moment for other developers planning big clean-energy projects.
The rise of cryptocurrencies as assets attractive to fund managers is breathing life into a spit of land the size of Manhattan located on the southern coast of Morocco.
Europe’s heat wave is hastening the rise of the “peaker,” a natural gas-fired power plant that can switch on and off quickly and runs only when there’s high demand.
Claimed to be biggest of its kind in Angola, the field is located on Block 32, 260km off the coast of Luanda, the capital of Angola. The project
The post Total starts production from $16bn Kaombo offshore development in Angola appeared first on Compelo Energy.
Enel will invest a total of about €300m for this project. The EIB loan will directly support Enel X’s commitment to boost the development of electric mobility in
The post Enel secures €115m EIB loan to install 14,000 EV charging stations in Italy appeared first on Compelo Energy.
Balloki Power Plant is located in Pattoki, Kasur district and built with an investment of $881.85m. The plant, which broke ground in November 2015, will supply enough power
The post Pakistan commissions 1.2GW Balloki Power Plant in Punjab appeared first on Compelo Energy.
Claimed to be one of the world’s largest undeveloped copper deposits, the Quellaveco project will be developed by Anglo American Quellaveco (AAQSA), a joint venture owned by Mitsubishi
The post Anglo American to move ahead with $5.3bn Quellaveco copper mine in Peru appeared first on Compelo Energy.
The Sholes Wind Energy Center, which will comprise 71 wind turbines to be delivered by GE, will supply its power to customers of Omaha Power Public District (OPPD)
The post NextEra begins construction on Sholes Wind Energy Center in Nebraska appeared first on Compelo Energy.
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