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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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Solar power market growth in Europe down by 36% in 2014

The solar power market growth in Europe decelerated in 2014 with a total of 7 gigawatts (GW) of capacity added, or a decline of 36 percent from the previous year because of reductions in support schemes, as stated by Europe's solar industry association EPIA.

read more... 14/10/2015

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Czech private conglomerates EPH and PPF join forces to make offers for Vattenfall's German electricity plants

Privately-owned Czech energy conglomerate EPH has associated with the country's major investment group PPF to bid for a portfolio of German lignite and hydro power stations being sold by Sweden's Vattenfall, as stated by EPH on Tuesday.

read more... 14/10/2015

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Daily: European spot power prices up on colder weather, weak wind supply

Crude oil prices declined on Monday, falling 5 % as traders took profits after last week’s hike to an 11-week high and report that OPEC kept on to increase production despite a continuous oversupply. Both Brent and U.S. crude futures recorded the largest percentage losses since the start of September with the North Sea crude slipping $2.79 at $49.86 and West Texas Intermediate declining $2.53 at $47.10. OPEC slashed its estimate of 2016 world oil demand growth by 40,000 bpd to 1.25 million bpd amid sluggish growth in China.

read more... 13/10/2015

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