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Romania intends to cut support to renewable energy

Romanian energy market regulator ANRE, has announced on Friday, that Romanian government will cut its support for renewable energy, in particular for wind, solar and small hydro renewable energy projects. Romania's support scheme gives renewable power producers green certificates for each megawatt produced. Providers must get a rising percentage of the power they sell from renewable energy and buy certificates to meet these goals.

read more... 02/04/2013

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EU is on the pace to dismiss its 2020 renewable energy target

The EU's overall goal of increasing the role of renewable energy to 20% of consumption in 2020, with each member country having its specific one, is still unachievable, the European Union's executive body declared on Wednesday.

read more... 28/03/2013

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Bulgaria to switch off 40% of wind, solar power capacity

The Bulgarian authorities will switch off about 40% of its wind and solar power plants in order to equilibrate a power system in danger of instability following a considerable excess of capacity after a drop in consumption and exports.

read more... 27/03/2013

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OECD urges China to initiate reforms for greener economy

The Organization for Economic Cooperation and Development (OECD) urged Beijing to initiate reforms in financial and land systems to ensure a more sustainable and greener economy, even if China made huge efforts toward inclusive growth.

read more... 26/03/2013

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Solar 21 acquires another Italian solar park

Solar 21 Renewable Energy Ireland Ltd, a Dublin-based investment firm has acquired another Italian solar park, bringing to seven the number of solar parks that the Irish company holds in Italy, after it has acquired another six solar projects which were owned by AEG Power Solutions, in November last year.

read more... 25/03/2013

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