Latest news
PPL is buying an E.ON unit
The world’s most important company by sales, Germany's E.ON, has signed a contract, concerning the selling of its Kentucky’s based unit, to U.S. PPL, for $ 6.7 billion (5 billion Euros) in cash. This deal makes PPL shares decrease by 8%, but it will increase its business mix of regulated and unregulated operations.
read more... 29/04/2010
The coal market in Europe
The coal prices decreased on Tuesday by 2 dollars as consequence of the sales made by several banks on Monday. According to traders and utilities, it was a necessity to reduce prices from the level of 100 dollars per ton for the punctual South African cargoes, because of the rapid increase.
read more... 29/04/2010
Spain and Portugal are the slowest in approving wind farm projects
According to European Wind Energy Association (EWEA) data, Spain and Portugal are the slowest among other European countries to approve new wind farms construction.
read more... 26/04/2010
REpower to deliver wind turbines of latest generation in Turkey
Geycek wind farm in Kirsehir province East of Ankara, the largest wind farm of REpower in Europe, will get from REpower 44 wind turbines of 3.XM series, with an evaluated power of 3.37 MW each and a hub height of 80 meters, following the deal between REpower Systems AG (WKN 617703) and Al Yel Elektrik, a subsidiary of Akuo Energy SAS.
read more... 23/04/2010
Endesa initiates sale of Spanish gas network
Endesa has started the process of selling Spain’s gas distribution and transport network. This deal is estimated at about 760 million euros (1.02 billion U.S. dollars).
read more... 22/04/2010