Tag Archives: Market

Iran’s national currency. the rial. has kept its value against other currencies. signaling strength in the face of the new rounds of US sanctions against Tehran which were announced on Friday.

Around 6GW of projects have been awarded contracts. with offshore wind projects set to be delivered for as low as £39.65 MWh.

It has also pledged to source 100% of its electricity from renewable energy sources by 2030.

The firm will use GE’s new Haliade-X 12MW turbines to power its Skipjack and Ocean Wind projects based off the US coast.

With projects set to be delivered for as low as £39.65 MWh. around 30% lower than the second auction held in 2017. the auction has caused a stir amongst the sector.

Abdolnasser Hemmati said that his country’s non-oil economy recorded a 0.4% growth in the first 3 months of the current Persian calendar year (March 21-June 21). adding that it showed that Tehran has contained the negative impacts of US sanctions.

Aramco already brought back part of the lost production and will return to pre-attacks level end of September.

The leasing scheme will enable the development of electricity generation capacity that is enough to meet the needs of more than six million homes.

Its facility in Taiwan will enter construction in 2020 and aims to cater to the fast-growing Asia-Pacific offshore market.

The five new terminals could collectively triple Pakistan’s LNG import capacity.