Latest news
Enel to cut costs in order to reduce debt
Enel plans cuts in its dividend payouts and investments over the next five years in order to diminish its debt and keep its credit rating. Mentioning over the share price fall, Fulvio Conti, the chief executive announced the 2012-16 business plan which establishes lower expected growth targets amid a cloudy outlook for Italy and Spain which was needed to clear the situation.
read more... 09/03/2012
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