Latest news
Daily: European power prices tumble on stronger wind output in Germany
Brent and WTI crude futures boosted on Thursday spurred by upbeat economic data from the United States after an ample supply outlook and as Chinese economic figures had earlier pressured prices. Brent crude for October delivery on Thursday climbed 35 cents to settle at $102.63, up from its session low of $101.21. U.S. crude for October delivery increased 51 cents to close at $93.96 a barrel, reversing earlier losses.
read more... 22/08/2014
Germany: RWE to mothball another 1, 000 MW of capacity
RWE AG, Germany’s second-largest utility, decided to mothball 1, 000 MW of plant capacity, citing low demand for electricity which made the plants unprofitable.
read more... 14/08/2014
Germany on track to hit a new renewable record in 2014
Germany’s renewable energy sector touched a new record in the first half of 2014, according to the Fraunhofer institute.
read more... 12/08/2014
SMA Solar records 7th straight quarterly operating loss on weak demand in Europe, low costs in China
SMA Solar, the biggest solar group by sales in Germany, recorded its seventh straight quarterly operating loss, suffering a major blow from sluggish demand in Europe and low-cost rivals in China.
read more... 07/08/2014
US- Germany strategic joint venture eyes UK solar market
California-based SPI Solar, a vertically-integrated photovoltaic solar developer, unveiled that it has entered into a joint venture agreement with Wircon GmbH, a Germany-based diversified renewable energy company, targeting initial 55 MW PV projects in the UK.
read more... 06/08/2014