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Serbia's MK Group to build 8.1 mln euro biomass-fired power plant

Serbian diversified conglomerate MK Group said on Monday that it plans to invest 8.1 million euro ($9.1 million) in the construction of a biomass-fired power plant in Vrbas, in the northern part of the country.

read more... 18/06/2019

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Daily (17.06.2019): German spot power price dropped by more than 26% on Friday due to lower than expected demand

Oil prices rose on Friday, after attacks on two oil tankers in the Gulf of Oman increased supply concerns. Prices were tempered by worries that trade disputes will lead to higher global oil demand. Brent oil rose $0.7, or 1.1% to $62.01 a barrel. WTI crude surged by $0.23, or 0.4% to $52.51 a barrel.

read more... 17/06/2019

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EC approves EUR-5.4bn state aid for Italy’s renewables

The European Commission (EC) approved on Friday EUR 5.4 billion (USD 6.1bn) in state aid to support power generation from renewables in Italy.

read more... 17/06/2019

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Norway powers up its largest onshore wind farm

A 255.6MW onshore wind farm claimed to be the largest in Norway is now up and running.

read more... 13/06/2019

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Vestas turbines to power 164-MW Ukrainian wind farm

Denmark's Vestas Wind Systems A/S on Wednesday announced a contract to deliver and install turbines for a 164-MW wind project in southern Ukraine.

read more... 13/06/2019

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