Germany's third-largest utility EnBW is bidding 550 million euros ($609 million) for insolvent wind park operator Prokon, expecting its all-cash offer will undermine a competing restructuring proposal that gives Prokon a higher assessment.
read more... 25/05/2015
North Rhine-Westphalia, the German state which hosts utilities RWE AG and EON SE and has one-third of Germany’s installed conventional power capacity, is losing its status as the country’s powerhouse as wind and solar energy begin to eclipse conventional sources.
read more... 14/05/2015
Crude oil prices declined after a 3 % rally o Wednesday as concerns about robust supplies have an impact on the market despite a second consecutive week of draws in U.S. crude. North Sea Brent closed at $66.81, down 5 cents. It had jumped to $68.17 earlier. WTI crude futures fell 25 cents to settle at $60.50 a barrel, after soaring to $61.85.
read more... 14/05/2015
Germany is on the track to surpass the UK as top offshore wind installer this year, according to new figures from GlobalData.
read more... 07/05/2015
The United Kingdom ranks on the third place in terms of utility-scale solar installations, surpassing India and Germany and below the United States and China, according to Wiki-Solar, which conducted the research.
read more... 04/05/2015