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US-based Attis to build 80 mln euro biofuel factory in Serbia

US diversified innovation and technology holding company Attis Industries plans to invest up to 80 million euro ($90 million) in the construction of a biofuel factory in Kula, in northern Serbia, the Kula city government has said.

read more... 23/06/2020

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Denmark cements plans for 5 GW of energy islands, 1 GW offshore wind

The Danish parliament has approved a climate act that, among others, will pave the way for the establishment of two energy islands and an offshore wind farm of around 1 GW.

read more... 23/06/2020

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Sunny side up: Poland’s solar energy output soars

Poland’s expected solar energy output is to peak at 8 gigawatt (GW) by 2025 and possibly place the country in the EU’s top 10, according to the latest report by the Renewable Energy Institute (IEO in Polish).

read more... 22/06/2020

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Norway To Slow Onshore Wind Development Amid Protests

Norway plans stricter rules for onshore wind power installations, including turbine height and shorter project timelines, as it looks to respond to calls from the public to protect the environment when approving wind power development sites.

read more... 22/06/2020

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Daily (22.06.2020): The German Cal'21 power price reached 40€ on Friday for the first time since March amid stronger oil and coal prices

Crude oil futures gained ground on Friday amid encouraging signs of demand recovery as OPEC and its allies are fully committed to cut production. Hence, Brent crude for August delivery rose by 68 cents, or 1.6%, to settle a barrel at $42.19 a barrel. At the same time, U.S. WTI crude for July delivery soared by 91 cents, or 2.3%, to end $39.75 a barrel. For the week, Brent crude rallied by 8.9%, while WTI jumped by 9.6%.

read more... 22/06/2020

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