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Spain’s REE to invest EUR 110m to back renewables in Extremadura

Red Electrica Corporacion SA, the Spanish group that operates the country’s electricity system, plans to invest EUR 110 million (USD 123.6m) by 2022 to support the energy transition in Extremadura.

read more... 02/04/2019

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Romanian coal-power complex CE Oltenia seeks EUR 100 mln loan

Romanian coal and power producer CE Oltenia is close to contracting a EUR 105 million loan from a group of six banks to pay for the Greenhouse gas emissions allowance (or carbon certificates), the president of company’s managing board Sorin Boza stated.

read more... 02/04/2019

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Daily (01.04.2019): British spot gas price declined by 4.9% on Friday, before the start of the summer season

Crude oil prices added gains on Friday, as the OPEC-led supply cuts and U.S. sanctions on Iran and Venezuela offset concerns over the global economic slowdown. Brent oil rose by 0.8% to $68.39 a barrel, while WTI futures soared by 1.4% to $60.14 a barrel.

read more... 01/04/2019

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Germany awards 505 MW in latest solar tender

A total of 163 solar projects with a combined capacity of 869.1 MW took part in Germany’s second solar tender for 2019, with average bids standing at EUR 0.0659 (USD 0.074) per kWh.

read more... 01/04/2019

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Vestas announces US turbine orders for 545 MW

Vestas Wind Systems A/S announced last week it has received orders for 545 MW of wind turbines to be installed at several wind farms in the US.

read more... 01/04/2019

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