The average cost of power produced by solar and wind energy might decrease by around 59 percent by 2025 if the right policies are in place, as stated in a report by the International Renewable Energy Agency (IRENA) on Wednesday.
read more... 16/06/2016
Crude oil prices declined about 2 percent in prolonged trading on Tuesday as figures indicated an unexpected build in U.S. crude stockpiles last week, adding to the destabilization of global financial markets before the British referendum whether to leave the European Union. Brent and U.S. crude extended losses in post-settlement trading, both falling by more than $1 a barrel each. Prices tumbled for the fourth straight day with Brent down 52 cents to settle at $49.83 a barrel, while U.S. crude lost 39 cents to close at $48.49.
read more... 15/06/2016
China Three Gorges, the operator of the largest hydropower plant in the world on China's Yangtze River, agreed to acquire German offshore wind park Meerwind from U.S. buyout firm Blackstone.
read more... 14/06/2016
Dutch renewable energy firm TenneT unveiled a new vision for a man-created island in the North Sea surrounded by wind farms that would act as a large-scale interconnector for distributing offshore wind electricity between EU countries.
read more... 13/06/2016
Dong Energy, the Danish company that owns offshore wind farms around the UK, was valued at $15bn, confirming its place as one of the leading players in the European energy market.
read more... 10/06/2016