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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

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Czech EPH will purchase Vattenfall's German lignite coal operations

Sweden's Vattenfall has decided in principle to sell its loss-making lignite coal mines and associated electricity plants in Germany to Czech investor EPH after two competitor bidders dropped out, as stated by three people familiar with the matter on Friday.

read more... 11/04/2016

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Daily: European spot power prices up on tighter supply, while forward down tracking coal, carbon

Crude oil prices closed down on Thursday after figures showed robust weekly stockpiles at the U.S. crude storage hub despite a pipeline outage, but prices pared losses on short covering, indicating more volatility ahead. Brent futures eased 41 cents, or about 1 percent, to settle at $39.43 a barrel, backtracking losses from the session low that saw Brent down more than $1, or nearly 3 percent. WTI crude futures ended down 49 cents at $37.26, after plunging as low as $36.69.

read more... 08/04/2016

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Polish electricity companies could pay dividends for 2015

Poland's state-controlled power firms - PGE, Enea and Energa could pay out dividends this year in spite of their projected investment in troubled coal mining companies, as stated by a deputy energy minister on Thursday.

read more... 25/03/2016

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Closure of Longannet coal-fired power station brings the end of an era in Scotland

Scottish Power will on Thursday halt production at the country's last coal-fired power station, the 46 year old Longannet Power Station in Fife, blaming high carbon taxes and transmission charges made it “uneconomic”.

read more... 24/03/2016

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