China becomes the first country in the world to hit the 3 GW solar power target. The Asian nation has built 40 new solar plants with over 1 GW of production capacity since December last year. China runs on a large 132-utility scale solar plants which places them closer to their goal of producing 15 GW by 2015.
read more... 23/07/2013
Currently the UK has 16 reactors generating on average about 19% of its electricity and all but one of these will be retired by 2023.The country has a number of reactors which are currently reaching the end of their working life, and it is now unclear how they will be replaced.
read more... 22/07/2013
Britain's finance minister George Osborne has announced that Britain could become a leader in shale gas extraction as he intends to create world's "most generous" regime. He revealed that it plans to cut from 62% to 30% the tax on a proportion of production incomes, in a move which aims to encourage shale gas exploration.
read more... 22/07/2013
The Chinese government announced last week that is planning to introduce provisional anti-dumping tariffs against solar–grade polysilicon imports from the United States and South Korea.
read more... 22/07/2013
U.S. crude oil futures rose above the global crude-market benchmark, North Sea Brent, for the first time since 2010 on Friday on higher demand from U.S. refiners.
read more... 22/07/2013