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News
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8 July 2020
Gulf Energy to acquire 50% stake in German offshore wind farm
Gulf International Holding has signed an agreement which effectively purchases a 50% stake in the Borkum Riffgrund 2 Offshore Wind Farm.
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8 July 2020
UK to see increased energy bills due to Covid-19-related subsidy costs
The Covid-19 lockdown and decreased energy demand have resulted in increased costs to supporting renewable subsidies over the UK, both in terms of cost per megawatt-hour (£/MWh), and overall expected...
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8 July 2020
Solar expected to witness the fastest recovery post COVID-19: Poll
The power sector suffered a 2.5% contraction in demand during the first quarter of 2020 due to the lockdowns implemented worldwide to limit the COVID-19 spread.
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8 July 2020
Cordelio acquires 350MW wind portfolio in Illinois, US
Canada’s independent power producer Cordelio Power has announced the acquisition of two wind farm facilities in central Illinois.
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8 July 2020
TAQA completes financing for 2.4GW gas-fired power plant in UAE
Abu Dhabi National Energy Company has concluded financing for its 2.4GW gas-fired power plant in Fujairah, UAE.
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7 July 2020
Hinkley Point C urged to use acoustic fish repellent system
A specialist UK fish deterrent company has expressed concern over the method proposed to protect rare fish from the inner workings of a new nuclear plant.
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7 July 2020
China Gezhouba to build $1bn hydropower project
China Gezhouba, a construction and engineering company, has reportedly signed a $1.5bn agreement with Pakistan to build a 700.7MW hydropower plant.
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7 July 2020
Adani Transmission to acquire Alipurduar Transmission from KPTL
Indian power distribution company Adani Transmission has signed definitive agreements to acquire Alipurduar Transmission from Kalpataru Power Transmission.
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7 July 2020
US solar panel supplier Sunrun to acquire Vivint Solar for $3.2bn
Residential solar electricity provider Sunrun has signed a definitive agreement to acquire US-based Vivint Solar for an enterprise value of $3.2bn.
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7 July 2020
SoftBank may divest stake in Indian green energy firm SBG Cleantech
Japanese conglomerate SoftBank Group is reportedly in talks to sell its 80% stake in Indian green energy firm SBG Cleantech.