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Germany got 100% renewable power for a day
Renewable energy has briefly touched and slightly surpassed 100% on Sunday, marking a milestone for Chancellor Angela Merkel’s “Energiewende” policy to spur renewables while phasing out nuclear and fossil fuels.
read more... 17/05/2016
Total officially inaugurates the Laggan-Tormore project in the Shetland Islands
French energy major Total announced it has officially launched the Laggan-Tormore project in the Shetland Islands, UK.
read more... 17/05/2016
Daily: Crude oil rockets at six-month highs on supply disruptions, Goldman forecast
Crude oil prices attained six-month highs on Monday on concerns about global supply disruptions and after Goldman Sachs said the market had ended almost two years of oversupply and flipped to a deficit, although an inventory increase at the U.S. storage hub for crude futures curbed gains. Brent crude futures rose $1.14, or 2.4 percent, to settle at $48.97 per barrel. It hiked to $49.47 earlier, its highest level since early November, in a trade towards $50. U.S. crude's West Texas Intermediate (WTI) futures boosted $1.51, or 3.3 percent, to close at $47.72 after reaching a six-month high at $47.85.
read more... 17/05/2016
Solas Éireann establishes joint venture with UK company to develop over 250MW in Ireland
Irish solar maker Solas Éireann and UK firm Golden Square Energy have formed a joint venture to develop over 250MW of photovoltaic projects in Ireland.
read more... 16/05/2016
China General Nuclear Power Corporation dismisses it will build alone Hinkley Point C project
China General Nuclear Power Corporation (CGNPC), which is helping French Energy Company EDF with Hinkley Point C project, has categorically dismissed the idea it would go it alone if the largely state-owned French company dropped out.
read more... 16/05/2016