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UK: Ironbridge power plant is switching from coal to biomass

German utility E.ON has fully converted from coal to biomass its Ironbridge power plant in Britain.

read more... 22/03/2013

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Daily: British wholesale gas near record high on cold snap, depleted storages

Brent and U.S. crude oil futures dropped on Thursday on Cyprus struggle to raise billions of euros to qualify for a bailout and to avoid bankruptcy, move that refreshed worries about the perspectives for petroleum demand in Europe. Brent crude for May delivery dropped $1.25, or 1.15 percent, to settle at $107.47 a barrel, having traded from $107.08 to $108.75. Meanwhile, U.S. May crude declined $1.05, or 1.12 percent, to settle at $92.45 a barrel, having traded from $91.84 to $93.53.

read more... 22/03/2013

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China: The restructuration of PV solar subsidies system may hurt manufacturers

China, set to become the world’s biggest solar market, is facing a restructuration of its subsidies system, envisaging supporting smaller projects rather than large-scale ones in an effort to encourage new facility developments in areas with chronic power shortage issues, according to an industry official.

read more... 22/03/2013

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Mitsubishi,INCJ and Solar Venture acquired a photovoltaic project portfolio in Italy

Mitsubishi Corporation (MC), Innovation Network Corporation of Japan (INCJ) and Solar Ventures have acquired 100% of Solar Holding, a company holding a total of 42 MWp of PV plants under operation in Italy.

read more... 21/03/2013

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Daily: Brent oil crude trades above $108 a barrel as Cyprus worries ease

Brent crude oil futures increased above $108 a barrel on Wednesday, recovering from a three-month low, after the U.S. Federal Reserve announced it would continue its stimulus program and on hope that the European legislators could tackle the debt crisis in Cyprus.

read more... 21/03/2013

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