Energy Update
Both Haymaker Minerals & Royalties and Haymaker Resources are US-based mineral and royalty acquisition companies. On the other hand, Kimbell Royalty owns oil and gas mineral and royalty stakes in 20 US states.
The acquisition will be carried out by a payment of $210m in cash and issuance of 10 million common units of Kimbell, worth about $194m to the sellers.
The underexplored Canegrass Ni-Co-Cu project, which spreads across 4,200 hectares, is located nearly 60kms southeast of Mount Magnet. It is located within the Windimurra Igneous Complex.
According to Bluebird Battery Metals, an aerial survey in 2013 identified 14 conductors within the property with six of them associated with coincident magnetic anomalies.
The Desert to Power programme, initiated by the Bank, aims to develop 10,000 MW of solar energy across the Sahel region.
It is intended to provide solar generated electricity to 250 million people, including 90 million through off grid solutions, thereby enabling the development of agriculture and other economic activities.
Construction for the factory in Whitfield County, Georgia will commence in 2018 and is scheduled to be completed in 2019.
While the exact nameplate capacity of the new facility remains undisclosed, the company confirms that it will exceed 1.6 GW per year. The high quality modules manufactured by Hanwha Q CELLS Korea in the U.S. will be provided to Hanwha Q CELLS (Hanwha Q CELLS), which will have access to 100% of the facility’s production volume.
The wind farm is developed by Roaring Fork Wind, a co-development partnership between Renewable Energy Systems Americas (RES) and Vestas.
Once operational, electricity from the wind farm will be bought by Arkansas Electric Cooperative Corporation (AECC) under a 20 year power purchase agreement (PPA).
(Wed, 30 May 2018) Global petroleum inventories declined through 2017 and the first quarter of 2018, marking the end of an extended period of oversupply in global petroleum markets that began before the Organization of the Petroleum Exporting Countries (OPEC) November 2016 agreement to cut production. As OPEC plans to reconvene on June 22, markets now appear more in balance, but uncertainty remains going forward.
(Wed, 30 May 2018) The potential effect autonomous vehicles may have on the future of personal mobility and freight movement has received considerable attention in recent years. This attention has focused not only on discussion of real and perceived costs of travel, shared-use mobility, travel patterns, vehicle design, and vehicle ownership, but also on how autonomous vehicles may affect energy markets.
Amazon today said it has completed another solar installation in its growing portfolio of onsite rooftop solar projects. The 1.1 MW installation on Amazon’s North Las Vegas fulfillment center in Nevada represents the company’s 17th completed rooftop solar project in the U.S. over the past 14 months.
Siemens and Northvolt AB have entered a technology partnership that will deliver solutions to digitize the value chain for NorthVolt’s proposed battery factory in Sweden.
Fluence — the energy storage joint venture of Siemens and AES — has agreed to collaborate on new utility-scale energy storage development and investment opportunities in Asia Pacific markets.
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