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Financial deal on 252MW offshore wind farm in Germany expected next year

Van Oord and Highland Group Holdings have decided to develop, fund and construct the 252MW Deutsche Bucht offshore wind farm in Germany.

read more... 08/06/2016

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Germany to create a fund to finance nuclear exit costs

German government said it will follow the recommendation by a special commission to create a fund to finance the country’s exit from nuclear energy.

read more... 02/06/2016

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German renewable electricity increased but coal still dominates

Green power generation in Germany rose to 194 billion kWh last year.

read more... 01/06/2016

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Daily: European spot electricity prices ease on robust renewable production in Germany and France

Crude oil prices declined for a second consecutive day on Friday as some investors took profit on a hike to seven-month highs while others concerned about robust production with market hovering close to $50 a barrel. Brent crude eased 27 cents, or 0.5 percent, to settle at $49.32 a barrel. It climbed to $50.51 in the previous session, its highest level since early November. U.S. crude shed 15 cents, or 0.3 percent, to close at $49.33. It reached an October high of $50.21 on Thursday. On the week, Brent posted a 1 percent increase and U.S. crude about 3 percent, spurred by gains from earlier this week.

read more... 30/05/2016

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G7 called to stop financing coal projects

Environmental groups pressed Group of Seven (G7) nations led by Japan and Germany to halt financing coal projects abroad, which provided $42 billion since 2007.

read more... 25/05/2016

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