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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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GDF Suez-the new stakeholder in Nabucco West

The French energy giant GDF Suez is the new stakeholder in Nabucco Gas Pipeline International consortium, after having bought a 9 percent stake in the project.

read more... 29/05/2013

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UK to reject a new EU target on renewable energy

The UK government will reject the EU’s attempts to set a new renewable energy target within the EU perimeter, considering it as “inflexible and unnecessary”.

read more... 28/05/2013

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