Renewables2020 was forecasted to be a record year for the renewables industry but without government action, the corona crisis could considerably disrupt its momentum, warns the International Energy Agency (IEA). In Europe, wind turbine manufacturers...Read more
LNGWoodside, Australia’s largest LNG producer, is slashing its total expenditure for 2020 in half and is deferring final investment decisions on a number of major development projects. With cost pressure in the market evaporating, Woodside...Read more
Offshore windOffshore wind capacity may increase 15-fold and attract around USD 1 trillion of cumulative investment by 2040, the International Energy Agency (IEA) concludes in a new report about the future of the offshore wind market....Read more
LNGJapan will invest an extra USD 10 billion on liquefied natural gas projects worldwide to boost the LNG market and reinforce the security of energy supply, the minister of Economy, Trade and Industry (METI) said...Read more
ConstructionEPC contractors and project carriers can expect a rise in demand as final investment decisions are taken on the construction of a large number of new LNG plants. Over the next two years, almost 90...Read more