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
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
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
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
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