Latest news
World green energy investments decreased in 2012
Investments in green energy decreased in 2012 worldwide after hitting record levels in 2011, according to some data released by Bloomberg New Energy Finance (BNEF). Investments tumbled mainly due to the debt crisis in the U.S. and Europe and as governments slashed incentives for technologies ranging from wind turbines to solar power and biomass.
read more... 15/01/2013
France to double its target for annual PV energy growth
French government has doubled its target for annual photovoltaic energy growth from 500 MW to 1000 MW and has also instituted a rescue plan for solar power industry. The measures are expected to spur investments by more than 2 billion euro.
read more... 09/01/2013
Centrica to abandon UK nuclear by focusing its expansion in the US
Centrica intends to concentrate investments in the U.S., if it decides to withdraw from new nuclear power stations in the UK. It considers the prospect of higher profit margins and huge opportunities in the shale gas boom. According to senior company sources, only a remarkable change in Government policy on subsidising nuclear power would create a business case for investment.
read more... 19/11/2012
Spanish utility Iberdrola to sell 5 bilion euros in assets to curb its debt
Spain’s largest utility Iberdrola is planning to slash investments and to sell as much as 5 billion euros ($6.5 billion) in assets as part of a strategic plan that aims to curb debt and maintain profitability.
read more... 25/10/2012
Germany: Coal consumption to grow
Following the Fukushima nuclear disaster, Germany decided to phase-out nuclear power by 2022. As a result, this decision has created a loss of about 12.7 GW, and despite many investments in the renewable energy sector, the gap should be filled with coal and gas, to ensure the country's energy future.
read more... 02/10/2012