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Top five biggest offshore wind farms in the world

Total offshore wind capacity in Europe stands now at 6,040 MW in 58 wind farms across 10 countries, up from 4,336 MW in June 2012. However, UK remains the world leader in terms of offshore wind capacity.

read more... 08/11/2013

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Daily: Brent slips on Iran nuclear negotiations

Brent crude oil futures dropped nearly by two percent on Thursday, registering a third consecutive day of losses on stronger dollar and talks between Iran and the West over Tehran’s controversial nuclear program which added pressure to prices. Brent dipped $1.78, or 1.7 percent, to settle at $103.46 a barrel, losing $2 to trade as low as $103.24, its lowest level since July 2. Meanwhile, U.S. oil settled 60 cents lower at $94.20 a barrel after registering its biggest one-day percent gain in more than one month in the previous session when figures showed a larger-than-expected draw from gasoline stocks.

read more... 08/11/2013

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RWE to lay off 2,500 jobs in Germany amid falling wholesale prices

RWE, the second largest utility in Germany, is envisaging cutting 2,500 jobs in its power generating business in Germany amid falling wholesale prices, while criticizing subsidies for renewable energy generation.

read more... 08/11/2013

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UK’s offshore wind sector hits a record-breaking year

The UK’s offshore wind power sector hit a record breaking year in terms of installed new capacity, according to Renewable UK’s the most recent report, “Wind Energy in the UK”.

read more... 08/11/2013

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China’s power generation capacity to double by 2030

China is likely to more than double its generation capacity by 2030, with half of all new plants powered by renewable sources including large hydro, while coal will remain the most important fuel. China’s total power generating capacity would almost double by 2030 to 2.7 terawatts.

read more... 07/11/2013

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