Latest news
Solar photovoltaic continues to grow worldwide
According to a study made by Worldwatch Institute, solar energy consumption worldwide continues to register a significant growth, increasing by 58% to 93 TWh last year. The installed PV capacity augmented by 900% in the last five years.
read more... 31/07/2013
Daily: German Cal’14 asphyxiated by overcapacity, low demand
Crude oil dropped on Tuesday, widening the spread between North Sea Brent and U.S. WTI crude amid a rally of U.S. crude price to a 16-month high as infrastructure developments allowed oil in landlocked Cushing, Oklahoma, to flow to the U.S. coast.
read more... 31/07/2013
Germany’s CO2 emissions set to increase for a second year
Germany is likely to increase its carbon emissions by 1.5% in comparison to 2012 levels due to a major consumption of coal. Coal is the most polluting fossil fuel and is responsible for contributing to global warming. Following the opening of two new coal power stations in 2012, six more are expected to open this year, with a total capacity of 5800MW.
read more... 30/07/2013
Daily: European spot power boosts on weak nuclear availability in France
Brent crude oil traded higher on Monday as supply disruptions in Europe offset previous’ week losses, while cautious investors were eager for the results of U.S. Federal Reserve meeting. Supply disruptions in Libya, Iraq and elsewhere have withdrawn over 500,000 barrels per day from the market.
read more... 30/07/2013
EU and China make great concessions to solve their PV trade dispute
China and European Union made great concessions on July 27 to solve their trade dispute over the export of underpriced Chinese solar panels.
read more... 30/07/2013