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EnBW offers 550 million euros in cash for Prokon

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

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German conventional power loses ground to renewable energy

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

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Daily: European spot power prices decline on the eve of holiday in France, Germany

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

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Germany is taking the UK's crown as the world’s leader in terms of annual installed offshore wind energy

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

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UK at the 3rd place in the world in terms of utility-scale installations

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

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