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Israel urges the public to install solar panels on their roofs in order to generate electricity
Solar panels are being installed on roofs in Israel to harness the sun's power and help Israel meet its growing demand for electricity. Around 15% of Israel's electric production comes from renewable sources, while about 70% of it is natural gas. The Energy Ministry set a 30% target by 2030…
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Sasol, Anglo American, and De Beers pilot renewable diesel in South Africa
The South African petrochemicals firm Sasol, the mining group Anglo American, and its diamond division De Beers have entered into a joint agreement to develop a pilot production of renewable diesel using vegetable oil. Reporters were told that under the terms of the agreement signed at the African Mining Indaba…
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German spot prices are affected by higher wind output
The spot electricity prices in Germany fell on Tuesday, as the wind power generation expected to increase. At 0902 GMT, the German power price for the day ahead was down 1.7% at 142.0 Euros per megawatt-hour. LSEG data shows that the French baseload rate for the day was 143.5 euros/MWh. This is a 0.4% decrease.
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Palm oil's performance is lower due to weakness in Chicago Soyoil
The price of palm oil in Malaysia ended lower Tuesday after a five session winning streak. Chicago soyoil fell as the U.S. announced it would delay implementing tariffs against Mexico and Canada. At the close, the benchmark palm oil contract on Bursa Malaysia's Derivatives exchange for April delivery fell 63 ringgit or 1.44% to 4…
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ADM announces layoffs after quarterly profits fall due to weak crushing margins
Grains merchant Archer-Daniels-Midland reported a drop in fourth-quarter profit on Tuesday, pressured by weak oilseed crush margins and uncertainty over U.S. biofuel policy, and said it would be laying off up to 700 employees globally this year. ADM, a Chicago-based company, said…
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Shares of Enphase rise as company forecasts revenue for Q1 above expectations
Enphase Energy, a maker of solar inverters, forecasted first-quarter revenues above market expectations on Tuesday. This…
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Enphase shares soar as revenue forecasts for the first quarter are higher than expected
Enphase Energy, a maker of solar inverters, forecasted first-quarter revenues above Wall Street expectations Tuesday. This…
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Dominion Energy costs for its Virginia offshore wind farms rise by 9%
Dominion Energy, a U.S. utility company, said that the estimated project costs of its Coastal Virginia off-shore wind farm…
Latest news
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Engie continues to see a strong US demand for renewables
Edouard Neviaski, executive vice president of French power company Engie, said that the U.S. is still a major market for…
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Premier Energies, India's largest solar energy company, halts U.S. plans for solar cell facilities amid policy uncertainty
Premier Energies, a manufacturer of Indian solar modules, announced on Monday that it would put on hold its plans to build…
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Spot contracts are affected by the increase in wind power supply
European spot prices on Tuesday fell by a significant amount on Monday. The average wind output is expected to double across the region.
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Mitsubishi reviews Japan offshore Wind Projects amid Market Shifts
Mitsubishi Corp announced on Monday it would review its plans for the development of offshore wind in Japan. The company…
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Palm oil rises as Chicago soyoil and crude oil strengthen
Malaysian palm futures rose Monday for the fifth session in a row, boosted by a stronger Chicago soyoil price and higher crude oil prices.
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METI Japan says it is difficult to predict the impact of DeepSeek on electricity demand.
The Japanese industry ministry knows that the expansion of data centers may increase electricity demand, but it's difficult…
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ADM will soon layoff workers to reduce costs, sources claim
Global grain merchant Archer-Daniels-Midland will soon start laying off employees as part of a global effort to cut costs…
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US Democratic lawmakers ask Trump about his blockage of federal grants for clean energy
U.S. Democratic legislators Friday sent letters asking two federal agencies to explain why federal funds were frozen on clean…
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Senate Democrats question EPA's blocking of federal grants committed
Senate Democrats asked the newly confirmed Environmental Protection Agency administrator Lee Zeldin on Friday to explain…
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On Monday, there will be a decrease in the wind energy supply.
German power prices were not traded on Friday for the Monday. Wind power was forecast to decrease in all of the regions,…
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VEGOILS - Palm oil prices settle higher despite uncertainty over Indonesia's export tax and US tariff threats
Malaysian palm futures recovered from early losses on Friday to record a second weekly gain. A stronger Chicago soyoil, a weaker dollar…
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Waaree, a manufacturer of Indian solar modules, is confident in US demand despite Trump's policy concerns. CEO Waaree
Amit Paithankar, CEO of Waaree Energies, said that the company is confident about U.S. demand, and it is well-positioned…
Solar
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NextEra advances toward Iowa nuclear plant restart
NextEra Energy CEO John Ketchum said on Friday that the company has been in contact with regional grid operators about a…
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Beware of Egypt's smokestack reshoring as Cement Exports Soar: Maguire
North Africa's second largest natural gas producer and its largest economy have increased the production and exports of several…
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Beware of Egypt's smokestack reshoring as Cement Exports Soar: Maguire
North Africa's second largest natural gas producer and its largest economy have increased the production and exports of several…
