Latest news
Ireland to create a fund for energy efficiency projects
Pat Rabbitte, the Minister for Communications, Energy and Natural Resources, has announced on this week that the Government has approved his proposal to institute an Energy Efficiency Fund (EEF). The €35 million fund will lend cash to the public and commercial sectors for energy efficiency projects. The Irish Government expects the cash will be matched by the private sector to make a total of €70 million which will be accessible to interested businesses.
read more... 22/02/2013
UK threaten by an imminent energy crisis, Ofgem warns
The UK is on the verge of being hit by an energy crisis that will leave it dependent on imported natural gas, warns Ofgem's chief executive Alistair Buchanan.
read more... 22/02/2013
Bulgarian government to resign amid protests over high electricity costs
After violent protests against electricity bills and austerity measures, the Bulgarian government has resigned on Wednesday. The Prime Minister, Boiko Borisov, had tried to calm protests pledging to cut power prices and punish foreign-owned companies, but the moves failed to defuse displeasure, and protests continued on Tuesday.
read more... 21/02/2013
Chinese ReneSola hits the milestone of 100MW in Greece
ReneSola, a leading global manufacturer of high-efficiency solar PV modules, has announced that, since the end of 2011, more than 100MW of its PV modules have been distributed, installed and connected to the grid in Greece.
read more... 21/02/2013
Daily: Brent and US crude settle lower on metals sell-off
Brent crude oil futures dropped on Wednesday in line with a sell-off in precious metals and copper, while worries that Saudi Arabia envisages boosting production added pressure to oil. Meanwhile, Brent April crude declined $1.92, or 1.63 percent, to settle at $115.60 a barrel, having traded from $115.05 to $117.66.
read more... 21/02/2013