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Germany breaks a new solar power record

Germany set a new solar record on Friday and Saturday, when solar energy plants produced a world record of 22 GW of electricity per hour, being equivalent to the power supplied by 20 nuclear stations at full capacity.

read more... 05/06/2013

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Russia’s Renova to shift it solar activity to South Africa

Avelar Energy Group, a part of Russia’s Renova Group, envisages selling solar panels and building power stations in South Africa, as an effort to orient its market from Europe to Africa and Asia.

read more... 31/05/2013

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Sweden prefers renewables to nuclear

Recently Sweden's energy minister, Anna-Karin Hatt, has announced that the government will not subsidize new nuclear power plants, favoring renewable investments. Electricity production in Sweden is dominated by nuclear power and renewables, which currently make about equal contributions to energy production- about 40%.

read more... 30/05/2013

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IEA: an increase of US shale gas prices could provoke a return to coal

According to a report from the U.S. Energy Information Administration (EIA), the production of energy from coal is little by little regaining market share from natural gas-fired power generation. After years of cutting back on its consumption in favor of low-emitting gas, the world's largest economy to increase its use of coal, because of a probable increase of shale gas prices.

read more... 30/05/2013

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Daily: European spot power prices drop on low pre-holiday demand

Crude oil futures dropped nearly by 2 percent on Wednesday as U.S. stock markets dropped from recent record levels and as investors worried about an uncertain demand outlook for the world economy amid weak growth forecasts for China.

read more... 30/05/2013

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