Latest news
India’s solar tariff hits a new record low
In the recently completed 750 MW Rewa Solar Park auction in Madhya Pradesh in India, bids hit a new record low of Rs.3.30 (~$0.494)/kWh (levelized tariff over 25 years), over a rupee lower than the previous low tariff of Rs.4.34 (~$0.065)/kWh, which was registered in the state of Rajasthan in January 2016.
read more... 15/02/2017
The Leviathan field to start producing gas in 2019
US-based Noble Energy has unveiled plans to advance the development of the Leviathan natural gas field located in the eastern Mediterranean Sea area off the coast of Israel to start production by the end of 2019.
read more... 15/02/2017
Toshiba to quit its leading role in UK’S Moorside nuclear station
The UK’s plan to build Europe’s largest nuclear power plant could be scrapped after Japan's Toshiba Corp, which is developing the project with France's Engie, admitted it would have to take billions of pounds' worth of write-downs in its nuclear business and said it would scale back its overseas ambitions.
read more... 15/02/2017
EIA: US shale oil production to soar by 80,000 barrels a day in March
The EIA forecasts U.S. shale oil production to rise in March at the highest pace since May last year, given that energy companies are increasing their drilling activities, taking advantage from crude prices hovering over $50 a barrel.
read more... 14/02/2017
Nearly 90% of all new power in Europe came from renewables in 2016, eclipsing coal
Nearly 90 percent of new energy capacity added to the grid across the European Union in 2016 came from renewable sources, according to a report published by a wind industry group.
read more... 10/02/2017