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German Vario completed 6.2 MW in the Slovak Republic

The German Vario green energy group ended the construction of six solar parks with a total power capacity of 6.2 MW. These are located in the Slovak regions Poltár, Biskupice and Rumince. The photovoltaic solar parks consist of 70,000 solar modules that will soon feed in 7 million kWh of electricity into the local grid, while the plant operators will get a remuneration of 38.23 Eurocents.

read more... 18/07/2011

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German investors await British nuclear decision

German energy companies such as, EON and RWE, wait for a final political decision as to know how to proceed with its future investments into the construction of nuclear power plants in the UK. Meanwhile, German newspapers cited that the two German companies see the plans development costs as too high, expecting to invest 16 billion euros.

read more... 06/07/2011

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Kazakhstan to boost its oil exports

The construction of an oil pipeline started on Friday in Kazakhstan that will lead to an increase in oil exports from an oil field owned by the major energy company Chevron Corp. It marked the start of work enhancing the Caspian Pipeline Consortium route in the Western part of Kazakhstan.

read more... 05/07/2011

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Bosch to invest 520 million euros in a solar project in Malaysia

A worldwide known service provider, Bosch Group, aims to extend its photovoltaic business by building a major manufacturing site near Penang, in the Batu Kawan region of Malaysia. The total amount of the investment is 520 million euros, while the project construction is planned to be started this year and completed by the end of 2014.

read more... 29/06/2011

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Bulgaria to freeze the construction of trans-Balkan pipe

According to the Environment Ministry declarations, Bulgaria has rejected for a third time the report on environmental impact assessment of the Bourgas–Alexandroupolis oil pipeline, aimed to pump Russian crude oil to Greece via Bulgarian territory.

read more... 24/06/2011

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