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Gas producer BKV Corp to buy Texas power plant for $430 million

U.S. shale producer BKV Corp is acquiring a Texas power generator for $430 million in a move that leverages its gas production to generate electricity, the company told Reuters. ....

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RPT-China inspects for coal hoarding at northern ports - sources

China has sent officials to inspect coal inventories and crack down on illicit hoarding at ports, following a surge of physical coal prices and tight supplies in the market ahead of the peak consumption season. ....

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Japan's Eneos, Sojitz to build 204 MW solar farm in Australia

Japan's biggest oil refiner Eneos Holdings and trading house Sojitz Corp said on Thursday they will build a 204 megawatts (MW) solar power farm in Queensland, Australia. ....

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Exclusive-French solar firm Reden up for sale in potential 2 billion euro deal -sources

Private equity firms Eurazeo and Infravia are launching an auction for Reden in a deal that could value the French solar group at up to 2 billion euros ($2.4 billion), three sources familiar with the matter told Reuters. ....

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Netherlands' renewable power uplift still short of EU goal

By Reuters Staff
2 Min Read
AMSTERDAM, May 31 (Reuters) - The use of renewable energy in the Netherlands increased by almost a fifth last year but still fell short of European standards, the Dutch national statistics office said on Monday.
Solar, wind, biomass and other sustainable sources together delivered 11.1% of all energy used in the Netherlands last year, up from 8.8% in 2019 but missing the European goal of at least 14% set for 2020.
The shortfall has forced the Netherlands to buy around 16 terawatt hours of sustainable energy from Denmark in a deal which the Dutch Finance ministry last year said would cost around 200 million euros ($244 million). ....

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