U.S.’s industrial conglomerate GE said Thursday it build its first wind farm in Australia’s Queensland, through a deal with local energy firm AGL Energy to supply 123 turbines and service the project for 25 years.
Analysts at India Ratings (Ind-Ra), a Fitch Group company, believe low solar bids have little financial buffers to face challenges such as cost overrun, increased interest rate and counterparty delays, but robust capacity additions, nevertheless, will continue.
A Canadian-based company is expected to very soon file paperwork to build a liquefied natural gas export facility in Oregon. Officvials of Calgary-based Veresen told the National Gas Intelligence that the application to the Federal Energy Regulatory Commission should be filed in a few days.
China’s flagship third-generation nuclear power reactor brand Hualong One is expected to benefit from an integration agreement between the country’s two developers, a move that could speed up construction, Kallanish Energy learns.
The average contract price for spot cargoes of liquefied natural gas (LNG) imported in Japan dropped to a 14-month low in July, the country’s Ministry of Economy, Trade and Industry (METI) said on Wednesday.
Bangladesh’s liquefied natural gas (LNG) demand will rise to 8 million tons per annum (MTPA) by early 2020s, which is 3 MTPA higher than the government’s current estimates, UK’s consulting firm Wood Mackenzie said last week.
Indonesia state-owned energy firm Pertamina signed a preliminary agreement to supply natural gas to state electricity utility Perusahaan Listrik Negara (PLN) for the next 30 years, deputy energy minister Arcandra Tahar announced on Tuesday.