German clean power output 'tops 50%'

03/04/2019 09:03 Renewable


Renewable energy accounted for over 50% of Germany's electricity generation in March, a new record, according to Fraunhofer Institute for Solar Energy Systems ISE.

Some 54.4% of the country's electricity came from clean power last month, beating the previous record of 48.6% set in May 2018.


In February, 41% of Germany's power came from renewables.


Germany Trade & Invest director of energy, construction and environmental technologies Esther Frey said: “This is a very significant achievement.


“It shows that German investment in renewable energy sources is changing the way the country will get its power in future.”


Germany Trade & Invest is the foreign trade and inward investment agency of the Federal Republic of Germany.


Daily (31.07.2020): WTI crude slipped below $40 a barrel on Thursday amid bearish economic data, political uncertainty in the U.S.

31/07/2020 10:44:00

Crude oil futures posted a steep decline on Thursday, with WTI crude slipping below $40 a barrel for the first time in three weeks, pressured by worries about resurgence in coronavirus cases and bearish U.S. economic data. Suggestions made by U.S. President Donald Trump that nation's November presidential election may be delayed added further pressure on oil prices. Hence, Brent crude decreased by 81 cents, or 1.9%, to settle at $42.94 a barrel. At the same time, U.S. WTI crude futures fell by $1.35, or 3.3%, to end at $39.92 a barrel.


Gazprom Neft joins the international LNG-bunkering community

31/07/2020 09:40:00

Gazprom Neft has become the 1st oil company in Russia to join the Society for Gas as a Marine Fuel (SGMF), through its Gazpromneft Marine Bunker subsidiary Gazpromneft Shipping, operator of the Gazpromneft Marine Bunker fleet.


German wind, solar tenders award 384 MW in July

31/07/2020 09:26:00

Projects with a combined capacity of 384 MW secured surcharges in Germany’s tenders for wind and solar power this month, the Federal Network Agency, also known as the Bundesnetzagetur (BNetzA) has announced.