Turkey’s Ministry of Energy has recently announced plans of launching a 1 GW solar tender under the national Yeka (Yenilenebilir Enerji Kaynak Alanları) renewable energy program.

Energy transition investment can boost the economy over the 2021-23 recovery phase and create a wide range of jobs.

All that and softness in the dollar, along with endless cheap liquidity from central banks, helped spot gold gain 0.2% to $1,770.92 per ounce after touching $1,773, its highest level since October 2012 in early Asian trade.

The consortium will collectively acquire a 49% stake in ADNOC Gas Pipeline Assets LLC (ADNOC Gas Pipelines), a newly formed subsidiary of ADNOC with lease rights to 38 pipelines covering a total of 982.3 kilometers, with ADNOC holding the 51% majority stake.

China plans to increase the share of renewables (including hydro) in the power mix to 28.2% in 2020 and the share of renewables (excluding hydro) is expected to reach 10.8%.

Spot gold was up 0.1% at $1,756.40 per ounce

The Ecological Goal of the Energy Transition is to reduce global greenhouse gas emissions and prevent the most serious effects of climate change. Replacing energy Fossil Fuel Systems (FFS) with Renewable Energy Systems (RES) is a way to achieve the Ecological Goal.

Australian economy supports a return to positive growth next year

MSCI’s broadest index of Asia Pacific shares outside of Japan rose 0.6% to 516.6 points after earlier going as low as 509.9. Chinese shares regained lost ground too, with the blue-chip index last up 0.3%.

Chile's economy would shrink 6.5% in 2020

The blue-chip FTSE 100 was down 0.2% and the mid-cap FTSE 250 0.1%, led by declines in battered energy , banks and travel and leisure stocks.

The dollar traded near a two-week high against a basket of currencies

At the close, the Shanghai Composite index was up 0.12% at 2,939.32, while the blue-chip CSI300 index was up 0.67%.

U.S. Total industrial production increased 1.4 percent in May

Of the top 25 solar power generating facilities in the US, 15 are located in California, four in Arizona, four in Nevada and two in Texas. Four of the top five solar facilities by sales volumes reported to FERC are located in California, while one is in Arizona.