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Georgia's hydropower plant project obtains $673 million funding

Plans by the ex-Soviet republic of Georgia to build a major hydropower plant aiming to turn into an energy exporter obtained a $673 million financing from the Georgian Co-Investment Fund (GCF), as stated by the fund on Thursday.

read more... 16/10/2015

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EDF and Chinese partners on the edge to conclude Hinkley Point nuclear deal

EDF and Chinese partners are on the edge to conclude a deal to build the Hinkley Point nuclear power plant and are preparing to ink a heads of terms agreement during next week’s visit by Chinese president Xi Jinping in Britain.

read more... 15/10/2015

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Daily: European forward power prices decline on weak fundamentals

Crude oil prices settled down on Wednesday and continued to decline in the post-settlement trade on worries about an intensifying oversupply kept crude under pressure this week, compensating recent views that falling U.S. production would spur prices. WTI crude shed 2 cents to close at $46.64. Global crude benchmark Brent eased 9 cents to close at $49.15 then declined 46 cents in post-settlement trade.

read more... 15/10/2015

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Poland: PGE inaugurates first solar power plant

Poland's major electricity producer PGE has begun operating its first solar power plant as part of a plan to generate more power from green sources, as stated by the company on Wednesday.

read more... 15/10/2015

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Poland’s Tauron to buy coal mine assets as a part of restructuring plan

Poland's second biggest power firm Tauron is envisaging assets swap with the state-run Brzeszcze coal mine in the southern Poland.

read more... 14/10/2015

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