Latest news
World Bank announces lofty goals in terms of renewable energy for developing countries
The World Bank Group has unveiled this week that it intends to help developing countries add 30 GW of renewable energy by 2020, enough to power 150 million households.
read more... 13/04/2016
Made-in-the-USA wind power hit output record last year
American wind power industry employed a record of 88,000 jobs at the start of 2016, up 20% in a year, according to the U.S. Wind Industry Annual Market Report, Year Ending 2015, released by the American Wind Energy Association (AWEA).
read more... 13/04/2016
China connects 20MW solar plant in coal mine subsidence region
Announced by the Energy Bureau of Anhui Province last Wednesday, China has installed the biggest floating PV plant atop a fishpond. The 20 MW array is sited at a coal mining subsidence district of Huainan City and was linked to grid last month. The array is phase one of a bigger 300 MW project.
read more... 13/04/2016
Daily: Crude oil prices rally on agreement between Russia and Saudi Arabia to stabilize the supply
Brent crude oil prices hiked to a four-month high and energy equities increased on Tuesday, bounced by reports of an agreement between two important producers to freeze output, driving U.S. equities higher. Russia and Saudi Arabia reached consensus about an oil output freeze ahead of a producers' meeting there on April 17. Brent crude boosted 3.3 percent to settle at $44.22 a barrel and WTI U.S. crude climbed 4.5 percent to close at $42.17.
read more... 13/04/2016
Allianz expects to double infrastructure investments in the following 2-3 years
German insurer Allianz is looking to double its investments in infrastructure and clean energy projects within the next two to three years since it wants to diversify on where it invests its 638 billion euros ($726 billion) of assets, the manager of Allianz Capital Partners (ACP) declared.
read more... 12/04/2016