Latest news
Sinovel to develop a new type of wind turbine
A new 6 MW type of wind turbines has been developed by a Chinese company, Sinovel, one of the largest wind turbine manufacturers, which can be used in all types of wind farms.
read more... 08/07/2011
Daily energy Overview, Thursday July 7, 2011
U.S. crude oil futures rebounded on Wednesday after API data indicated a more-than-expected fall in domestic crude inventories during the previous week, while Brent prices were almost steady after the news of latest interest rate raise in China and a downgrade of Portugal’s credit rating against the outlook for higher energy demand in the second half of 2011.
read more... 07/07/2011
Italy’s new austerity plan could reduce solar incentives
Italy could reduce renewable incentives, in the case of approving of a new austerity plan, according to Reuters. This might attack investors’ confidence in the Italians renewable market. Currently, the government looks with caution at this measure, as to know how it could be interpreted.
read more... 07/07/2011
Japan nuclear power to pass safety tests
All Japanese nuclear power stations will pass several safety tests as to lower concerns sparked after the nuclear crisis caused by a fatal combination between a tsunami and an earthquake. The government ordered new safety controls of all 54’country’s nuclear reactors, with less details revealed about.
read more... 07/07/2011
GE won a $45 million oil rig contract
General Electric Co. won a 45 million dollars contract as to provide services for Chevron deep water oil drilling rig in the Gulf Coast.
read more... 07/07/2011