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Daily (02.05.2019): The German spot power price soared by 49% on Wednesday, on forecasts for cold weather and low wind output

Oil prices declined on Wednesday, after EIA data showed a new record level of oil production since September 2017 and a surge in the crude inventories in the U.S. Brent crude lost 0.9% to trade at $72.18 a barrel, while WTI futures edged 0.5% lower at $.63.60 a barrel. Nevertheless, the losses were limited by the prospect of a weaker oil supply due to increasing unrest in Venezuela and the end of U.S. sanction waivers on countries importing Iranian oil.

read more... 02/05/2019

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EBRD finances 220MW Polish wind giant

The European Bank of Reconstruction and Development (EBRD) is supporting the development of the 220MW Potegowo wind farm in Poland with a loan of PLN209m (€48m).

read more... 02/05/2019

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Luxcara expands in Scandinavia with 750-MW Swedish wind buy

German renewables investor and asset manager Luxcara GmbH said today it has bought the 750-MW Oenusberget wind project in Sweden from German-Swedish developer Svevind, without disclosing the value of the deal.

read more... 30/04/2019

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All turbines up at 370-MW Norther wind farm off Belgium

April 29 (Renewables Now) - Dutch marine contractor Van Oord has completed turbine installation at the 370-MW Norther offshore wind farm in Belgium, it announced on Friday.

read more... 29/04/2019

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Daily (26.04.2019): French spot power price spiked by 40% on Thursday due to falling wind output

Oil prices declined on Thursday, as global oil capacity looks sufficient to compensate the supply gap after the soon-ending sanction waivers on Iranian oil imports. WTI futures dropped by 1% to $65.21 a barrel, amid stronger U.S. crude production and abundant stocks. Brent crude slipped by merely 0.3% to $74.35 a barrel, with losses limited by halted oil imports via Russian pipeline due to quality concerns.

read more... 26/04/2019

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