Latest news
Brazil: Installed power capacity to increase by 7, 739 MW this year, driven by hydropower
Brazil’s installed generating capacity is set to increase by 7, 739 MW in 2016, with 65% of that hike originating from hydro plants, Ministerio de Minas e Energia stated in its latest power sector bulletin.
read more... 14/03/2016
Poland's Azoty intends to acquire more gas from Gazprom-supplied PGNiG
Poland's biggest chemicals firm Grupa Azoty, which surpassed 2015 profit forecasts on Friday due to low gas prices, plans to acquire more gas from its main provider PGNiG.
read more... 14/03/2016
Trianel offers solar prize
Raising Power has been contracted by Trianel Erneuerbare Energien to run and operate the 10MW Schipkau solar farm in Brandenburg in Germany.
read more... 14/03/2016
Daily: Crude oil soars 2 % following IEA report
Crude oil boosted 2 percent on Friday, with U.S. crude increasing for a fourth consecutive week, after the Paris-based International Energy Agency stated that the market may have hit bottom. Goldman Sachs remained pessimistic, declaring that prices could decline sharply in the next weeks with record U.S. stockpiles builds offsetting production falls in the country. Brent crude rose 34 cents, or nearly 1 percent, to settle at $40.39 a barrel. On the week, it posted a hike of 4 percent, heading for a third weekly gain in a row. WTI crude increased by 85 cents, or 2 percent, to close at $38.69 a barrel, after attaining a 2016 high at $39.02. It recorded an increase 7 percent on the week, a fourth consecutive week of gains.
read more... 14/03/2016
EDF and China’s CGN obtain EU authorization for Hinkley
The projected partnership between EDF and China’s CGN for nuclear projects in the UK has been given the approval by the European Commission.
read more... 11/03/2016