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Belgium commits €1 million to IRENA for climate issues

The Walloon government in Belgium pledged €1 million financing to the International Renewable Energy Agency (IRENA) for renewable power aid in the framework of the government’s plan to fight climate change under National Determined Contributions.

read more... 22/11/2017

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Daily (22.11.2017): EU carbon contracts posted 0.7% losses on Tuesday

Oil prices surged on Tuesday, buyout by expectations of an extension next week to OPEC production cuts, but were under pressure from signs of increased output in the United States.

read more... 22/11/2017

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Russia aims strategic energy partnership with China

Russian oil giant Rosneft has signed an agreement with Chinese company CEFC Energy, aiming crude oil supply. The accord is based on a long-term deal inked between parties earlier. The delivery will start next year.

read more... 21/11/2017

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The boost of low-cost renewables changes EU energy expectations for 2030

The accelerated fall in wind and solar energy costs, and flexible demand technology could substitute more than 50% of coal and gas generated electricity in Europe by 2030, as indicated in a recent research published on Tuesday.

read more... 21/11/2017

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Bosnia inks a 60-million-euro loan agreement with KfW bank for Hrgud wind farm

Bosnia's finance minister Vjekoslav Bevanda inked an agreement with German development bank KfW on Wednesday to financially back the construction of the Hrgud 48 MW wind farm. The loan is estimated at 60 million euros ($69.6 million). ​​​​​​​

read more... 21/11/2017

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