Latest news
Germany: EnBW will cut more costs, since energy supply safety at risk
EnBW, Germany's third-largest utility, will slash costs further in response to low wholesale prices and writedowns on plants, anticipating the crisis in the energy sector to diminish profits by about 5 percent this year.
read more... 18/03/2015
RWE purchases minority stake in Conergy
Germany's second-largest utility RWE has purchased a minority stake in solar conglomerate Conergy, aiming to develop its position in the embattled solar industry after having missed the tendency for years.
read more... 17/03/2015
Vestas to supply turbines of 50MW in Germany
Vestas will provide 15 V112 turbines of 3.3MW to CPC Germania for the Hüselitz wind project in Saxony-Anhalt in eastern Germany.
read more... 11/03/2015
Daily: European spot power prices mixed on stronger wind output in Germany, colder weather in France
Brent crude prices declined 2 percent on Monday, dragged down by European Central Bank bond-buying, while U.S. crude boosted 1 percent on a smaller-than-expected increase in stockpiles at the main oil hub at Cushing, Oklahoma, driving to a narrowing gap between the two benchmarks. Brent decreased $1.20, or 2 percent, to settle at $58.53 a barrel, while U.S. crude rose by 39 cents, or 0.8 percent, to close at $50.
read more... 10/03/2015
Gamesa grasps 12MW in Germany
Spanish wind turbine maker Gamesa has obtained an agreement with German energy supplier DEW 21 to construct the 12MW Horst wind farm in Schneverdingen in Lower Saxony.
read more... 10/03/2015