Tuesday , 16 December 2025

Recent Posts

Germany produces record solar power as skies clear

Bloomberg Germany’s solar panels produced record amounts of electricity, exacerbating market forces that were already hammering the profitability of the country’s remaining coal plants. Gin-clear skies over central Europe helped photovoltaic plants produce 32,227 megawatts on April 20, beating the previous record on March 23. Bright conditions are expected to continue this week, according to Germany’s DWD federal weather service. …

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Oil industry cuts 51,000 jobs in March due to coronavirus

Bloomberg The oil and gas industry shed nearly 51,000 drilling and refining jobs in March, a 9% reduction that is likely to get worse as futures prices fell into negative territory Monday. March’s job losses rose by 15,000 when ancillary jobs such as construction, manufacturing of drilling equipment and shipping are included, according to BW Research Partnership, a research consultancy, …

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India sees clean energy gain at coal’s expense

Bloomberg Clean energy is gaining a greater share of India’s energy mix, a silver lining amid the country’s prolonged virus lockdown that has cut power demand by about a quarter. Electricity generated from renewable sources, nuclear and hydropower made up 27% of India’s total generation as of April 15, data from grid operator National Load Despatch Centre show. That’s up …

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