Latest news

Pakistan will obtain $800 million to develop power sector

An investment estimated at $800 million (£520m) will be made to develop Pakistan’s power sector.

read more... 30/11/2015

news

Acciona will supply 66MW in Brazil

Acciona Windpower will supply 66MW for a wind farm in the north-east of Brazil.

read more... 30/11/2015

news

Daily: European spot power prices climb on weaker wind supply, strong demand in France

Crude oil futures slashed previous losses to close steady on Wednesday after a smaller-than-expected supply increase in the United States and a decline in the number of U.S. rigs actively drilling for oil. Brent crude futures rose 5 cents to settle at $46.17 on Wednesday, after slipping more than $1 to a session low of $45.03. U.S. crude's WTI futures ended the session 17 cents higher at 43.04 a barrel. WTI had also shed over $1 to hit an intraday low of $41.72.

read more... 26/11/2015

news

Siemens obtains first funding for Egypt power plant project

Egypt has obtained a first tranche of funding for an 8 billion euro ($8.5 billion) plan for power plants to be constructed by Germany's Siemens, as stated by the company and electricity ministry.

read more... 24/11/2015

news

CFO: Npower could be sold by its parent RWE, blaming customer loss

German utility company RWE envisages selling its British business Npower, as billing glitches triggered an exodus of customers, declared Bernhard Guenther, its chief financial officer (CFO).

read more... 23/11/2015

news