China Wind Power Group Ltd and CNNC Rich Energy have signed a strategic cooperation to invest in wind and solar energy projects with a target of some 700 MW by 2015. The two companies will jointly finance and develop 100 MW of renewable energy projects in 2013, a mix of solar and wind, and are targeting 200 MW of solar and 500 MW of wind projects in the next two years.
read more... 16/04/2013
Lark Energy has obtained the approval from Charnwood Borough Council in November 2012, and has built the solar farm in a record time of less than 8 weeks.
read more... 15/04/2013
Crude oil prices settled down on Thursday after the International Energy Agency (IEA) slashed its forecast for energy demand growth this year for the third consecutive month. However, Brent prices dropped more sharply than U.S. crude, reducing the spread between Brent and U.S. West Texas Intermediate to a nine-month low of $10.59 at one point on Thursday, before settling at $10.76.
read more... 12/04/2013
According to National Energy Administration, China has registered a 41% increase in the production of wind power in 2012. The Asian nation has produced 100.8 billion kilowatt-hours of wind power last year, while in 2011 it produced 71.5 billion kilowatt-hours.
read more... 11/04/2013
France is pushing ahead with plans to exploit geothermal energy trapped in rocks deep in the earth using hydraulic drilling methods, a technique which was forbidden in 2011.
read more... 08/04/2013