The S&P/ASX 200 index rose 1.7% to close at 6,789.6 in a solid start to March, posting its biggest intraday percentage gain since Jan. 7.

Overall, Iberdrola’s operating profit fell by 3% to €1.2 billion (US$1.4 billion), driven by its recent commissioning of new plants as it ramps up its renewables capacity.

U.S. Rig Count is up 5 from last week at 402, Canada Rig Count is down 9 from last week to 163,

Brent fell 63 cents, or 0.9%, to $66.25 a barrel. WTI dropped 72 cents, or 1.1%, to $62.81 a barrel.

China had the highest gain in coal imports from the U.S. among the top destinations in the fourth quarter of 2020. The Asian country imported 1.0 Mt of coal from the U.S. during the period, a 251.8% increase year over year and a 748.2% jump quarter over quarter.

The blue-chip CSI300 index fell 2.4% to 5,336.76, while the Shanghai Composite Index dropped 2.1% to 3,509.08 points.

The offshore wind industry installed just over 6 GW of new capacity globally in 2020, nearly the same levels as the previous year.

Turkey wind energy contributed to over 10% of the country's total electric production for the first time.

Turkey plans to invest a total of $9.3 billion (TL 66.56 billion) in electricity distribution during the upcoming five-year period

France’s installed renewable capacity, including hydropower, increased by more than 2 GW in 2020