NEO 2019

New Energy Outlook 2019 from BloombergNEF

Drop in wind, solar and battery technology costs will result in a grid nearly half-powered by the two fast-growing renewable energy sources by 2050,...
Duke Energy Renewables

Energy investment reaches $1.8 trillion in 2018: IEA

Global energy investment totalled more than $1.8 trillion in 2018, a level similar to 2017 -- ending three consecutive years of decline. Capital spending on...
Wartsila 20DF engine for LNG vessel applications

Wartsila wins LNG dual-fuel generating set order in China

Wartsila has won a contract to supply 40 20DF dual-fuel generating sets for 12 new LNG fuelled platform supply vessels (PSV) in China. Wartsila, which bagged...
LNG supply demand

LNG market trends show issues from excess supply and demand

The liquefied natural gas (LNG) market is set to see shifts between excess supply and excess demand during 2019-2023. LNG exports and imports rose 10...
Renewable energy capacity addition in regions

Renewable energy capacity grew by 180 GW in 2018: IEA

Renewable energy capacity -- from solar PV, wind, hydro, bioenergy, and other renewable power sources – rose by about 180 GW in 2018, the...
Nuclear energy forecast

IEA projects that 50 countries will be importing LNG by 2025

The International Energy Agency (IEA) projects that 50 countries will be importing LNG by 2025 against 10 at the start of this century. Fatih Birol, executive...
Duke Energy Renewables

Amazon.com announces three new renewable energy projects

Amazon.com announced three new renewable energy projects as part of its long-term goal to power all Amazon Web Services (AWS) global infrastructure with renewable...
Climacell

SB Energy invests $7 million in ClimaCell

SB Energy, a subsidiary of SoftBank Group, has made an investment of $7 million in ClimaCell, a weather technology start-up company. The company did not...
Azelio

Azelio inks deal with JD Aviation for electricity supply in Pakistan

Azelio, a Sweden-based energy solutions company, announced its agreement with Pakistan based JD Aviation for sustainable electricity supply in Pakistan. Pakistan has an average of...

AlsoEnergy wins technology contract from Origis Energy

AlsoEnergy, a renewable energy software solutions provider, has won a contract from Origis Energy as its management technology platform across its asset portfolio of...

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