Nine solar parks installed in Greece by Conergy

16/07/2010 08:16 Renewable

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Conergy, the German manufacturer and commissioner of PV panels, has finished the construction of nine PV plants in Greece on the Crete Island.

The company installed over 2,500 modules, expecting to produce about 1.2 MWh per year. The location of the panels provides an excellent irradiation factor with high number of sunny hours during the year. This makes the use of solar energy more reasonable and more attractive for investors. The installing process via the Conergy SolarGigant and Conergy SolarLinea systems, allowed the company to deal with the rocky grounds where the modules were installed. The cost of the projects was not disclosed, and the plants are already sold to investors. Greece is providing a feasible incentive scheme, so that many investors are interested in the country’s renewable sector, despite the Greek financial difficulties.

how geothermal could help eastern EU countries ditch fossil fuels

24/02/2021 08:34:00

Countries like Hungary, Slovakia, Austria, Romania and Croatia sit over the Pannonian basin, which has huge potential for geothermal energy and is over 10°C per kilometre hotter than the European average, making them a prime location for geothermal deployment.

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Daily (23.02.2021): Oil prices settled at their highest levels since January 2020 amid a gradual recovery of U.S. crude output after winter storms

23/02/2021 09:51:00

Crude oil futures rallied on Monday to settle at their highest levels in more than a year amid expectations of a slow recovery in output after last week’s deep freeze in Texas which cut U.S. crude production by as much as 40%. The gains were also attributed to expectations that OPEC+ would continue to curb output. Hence, Brent crude soared by $2.33, or 3.7%, to settle at $65.24 a barrel. Meanwhile, U.S. WTI crude surged by $2.46, or 4.2%, to settle at $61.70 a barrel.

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EU's 2030 goal requires 400 GW of wind, solar and tough decisions

23/02/2021 08:50:00

Adding 162 GW of wind and 253 GW of solar capacity over 10 years, boosting electric vehicle (EV) sales and speeding up coal power plant retirements would result in a reduction of 53% in Europe’s emissions by 2030, but the bloc needs to do more to reach its 55% goal.

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