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Turkey targets to attain $5 billion in wind investment by the end of the year

Turkey intends to reach an investment of $5 billion in wind power by the end of the year with the aid of 1 gigawatt (GW) offered from Turkish Renewable Energy Resource Zone Project (YEKA) together with the concluded wind energy tenders of around 3 GW capacity, as stated by Turkish Wind Energy Association on Friday.

read more... 27/11/2017

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Dudgeon offshore wind farm owned by Statoil, Masdar and Statkraft started operating

The 402MW capacity Dudgeon offshore wind farm situated off the coast of Norfolk, UK, has started its activity.

read more... 24/11/2017

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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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Daily (21.11.2017): German spot electricity prices surged on lower wind power supply and higher demand

Oil prices dropped on Monday, prolonging losses ahead of next week's OPEC meeting, while stronger dollar hurt commodities across the board. Brent crude futures fell 50 cents or 0.8 percent to close at $62.22 a barrel. Meanwhile, U.S. West Texas Intermediate (WTI) crude futures settled 13 cents or 0.2 percent down at $56.42. Oil has been under pressure for the last two weeks since peaking in early November.

read more... 21/11/2017

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