Despite a record year for offshore wind finance, new global investment in renewable energy dropped by 18% last year to $287.5 billion, according to recent research.
read more... 13/01/2017
Swiss transformer maker ABB has secured a USD 640 million contract for a 1,830-km (1,137-mile) power link in India for connecting thermal and wind power plants with the growing urban areas of the country.
read more... 12/01/2017
The ethics regulator for Norway's $880-billion wealth fund will concentrate this year on finding companies with huge emissions of greenhouse gases and will suggest excluding them from the fund's investments, as it stated.
read more... 12/01/2017
Britain intends to create a more independent power market operator within National Grid, which presently runs the system, to increase competition and help consumers.
read more... 12/01/2017
Crude oil prices surged over 2.5 percent on Wednesday, posting their largest increase in more than a month, buoyed by weaker U.S. dollar aftermath a conference held by U.S. President-elect Donald Trump and o news that Saudi Arabia slashed exports to Asia.
read more... 12/01/2017