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EIB to finance Enel Green Power projects in Romania

The European Investment Bank (EIB) would lend to Enel Green Power 200 million euros to cover in some measure investments for some wind farms in the Banat and Dobrogea regions of Romania. The 15-year loan will partially cover investments in EGP’s wind power projects, and has a pre-repayment grace period of up to two and a half years.

read more... 09/12/2013

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Norway to spur investments in oil and gas industry at a record level in 2014

Norway is planning to spur its investments in oil and gas sector at a record level in 2014, according to data provided by statistics agency.

read more... 09/12/2013

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Iran oil insurance sanctions may soon be eased

Now that a nuclear deal has been reached following the breakthrough agreement in Geneva, the west is likely to start easing crippling sanctions on Iran, as it has about $100 billion in investments frozen around the world, and its government runs a deficit of $35 billion a year.

read more... 27/11/2013

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Sweden prefers renewables to nuclear

Recently Sweden's energy minister, Anna-Karin Hatt, has announced that the government will not subsidize new nuclear power plants, favoring renewable investments. Electricity production in Sweden is dominated by nuclear power and renewables, which currently make about equal contributions to energy production- about 40%.

read more... 28/10/2013

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PV industry production increased despite a decline in investments

Global production of solar cells grew by 10% last year and Europe continues to be a leader in newly installed capacities representing almost 52% of the new worldwide installed capacity, while the total investment in renewable energy declined significantly in 2012 in comparison to a year before levels with a major decrease for both solar and wind energy investments.

read more... 03/10/2013

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