Latest news
Wind power takes fright as government reviews subsidies
The bright future of British wind power is currently under review as government is seeing to review the subsidies. According to Offshore Wind Developers Forum, it has recently guaranteed that British companies should provide more than half of the content of the UK’s future wind factories. If optimistic predictions for the sector are borne out, offshore wind industry could spark 3 billion pounds investments in the UK supply flow by 2022, sustaining over 45,000 long-term jobs.
read more... 29/02/2012
Investments into renewables to reach 260 billion dollars
According to Bloomberg New Energy Finance, renewable energy investments increased 5 percent to a record 260 billion dollars in 2011. Supportive governmental programs in U.S. sustained investments into solar power which rose by a third to 55.9 billion dollars, beating China with 47.4 billion dollars investments.
read more... 13/01/2012
British renewable investments account for 3.8 billion dollars this year
The British ruling institutions announced recently that U.K. renewable energy investment accounted for 2.5 billion pounds (3.8 billion dollars) this year due to committed funds from Toyota Motor Corp. (7203) to Vestas Wind Systems A/S (VWS).
read more... 02/01/2012
DECC: UK renewable investments hit £2.5bn this year
The Department for Energy and Climate Change (DECC) revealed that the UK invested almost £2.5bn in renewable energy projects this year, creating almost 12,000 jobs across the country since the April 1.
read more... 30/12/2011
Centrica and Qatar sign a strategic alliance on oil and gas projects
The British energy company, Centrica, the owner of British Gas and the state-run oil company Qatar Petroleum International (QPI) have recently teamed up in an effort to collaborate on pursuing international energy investments. On Monday they signed a memorandum of understanding to invest in a set of new or existing oil and gas projects. The deal includes investments in liquefied natural gas, gas power turbines, and gas storage.
read more... 07/12/2011