The European Commission has initiated a detailed inquiry into Britain's plan to utilize public funds to pay for the change of a coal plant at Lynemouth, northern England, to biomass, declaring it is concerned Britain may be paying excessively.
read more... 20/02/2015
E.ON has vended its Italian solar activity to the private infrastructure investment fund manager F2i SGR. F2i has a remarkable track record in the solar operations in Italy and is dedicated to the long-term future of the business.
read more... 20/02/2015
German engineering company Siemens has been awarded another significant wind power contract, with an order for 157 wind turbines for three projects in the South African province of Northern Cape. The customer is a consortium led by Mainstream Renewable Power.
read more... 20/02/2015
Oil markets increased on Friday to stop a two-day decline, aided by expectations that data later in the day would demonstrate a constant drop in the U.S. oil rig count, a clear sign of the pressure the fall in crude has put on crude producers.
read more... 20/02/2015
Hungary will employ the remaining gas in its supply agreement with Russia over the next four to five years and like this evade having to pay 3 billion euros for the unexploited gas once the contract expires at the end of 2015, according to the Prime Minister Viktor Orban.
read more... 19/02/2015