Engineering firm Enertis has purchased a stake in Blue Tree Asset Management to take part in its plans to run 1GW of green energy plants within three years.
read more... 13/07/2016
Crude oil prices hiked 5 percent on Tuesday, the largest daily gain since April, as investors’ covering of short positions and a technical recovery helped to rebound the market from two-month lows. U.S. crude's West Texas Intermediate (WTI) futures rose $2.04, or 4.6 percent, to settle at $46.80 a barrel. Brent crude futures increased $2.22, or 4.8 percent, to close at $48.47.
read more... 13/07/2016
The Renewables Infrastructure Group (TRIG) has decided to acquire a 51% interest in the 12MW Midi solar park in southern France.
read more... 13/07/2016
Bosnia’s 300 MW coal-fired power plant Ugljevik had inked a 79 million euro ($87.6 million) deal with a consortium led by Mitsubishi Hitachi Power Systems, a joint venture including Mitsubishi Heavy Industries and Hitachi, on the installment of desulfurization equipment at its power plant.
read more... 13/07/2016
Nine of the largest offshore wind developers in Europe: DONG Energy, EnBW, E.ON, Iberdrola, RWE, SSE, Statkraft, Statoil and Vattenfall have joined forces with independent company Carbon Trust to work on collaborative research, development and demonstration (RD&D) programme - the Offshore Wind Accelerator (OWA) in order to slash the levelised cost of energy from offshore wind, improve efficiency and availability of existing and future offshore wind farms.
read more... 12/07/2016