Latest news
China to cut its energy use by 21% by 2015
The Chinese Ministry of Industry and Information Technology (MIIT) announced that China envisages cutting its energy consumption by 21% by 2015 and closing inefficient companies in more than 10 industries because of overcapacity, high energy consumption, and pollution.
read more... 28/02/2012
Spain leaves renewable top 10 to curb its budget deficit
Spain, known as the top-ranked renewable energy market for investors, is leaving the top 10 after the Spanish government has decided to suspend all subsidies for renewable energy projects, with immediate effect, meaning it will no longer provide subsidies for new wind, solar, co-generation or waste incineration projects.
read more... 28/02/2012
Gazprom and Total to develop arctic reserves
Alexey Miller, Chairman of the Gazprom Management Committee and Christophe de Margerie, Chairman of the Board of Directors and CEO of Total met on Friday in Saint Petersburg to discuss the next step in the development of Shtokman natural gas field in the arctic waters on the Russian continent shelf, which is considered by Gazprom to be a strategically important move.
read more... 28/02/2012
Statoil confirms a massive pre-salt oil discovery offshore Brazil
The Norwegian oil company Statoil confirmed today that it has made a significant discovery offshore together with operator Repsol Sinopec and partner Petrobas.
read more... 27/02/2012
Canadian Solar-increase in the fourth-quarter PV shipment guidance
Canadian Solar Inc. sees an increase in shipments for the fourth quarter to the range of 430 to 440 MW, or by 22 percent compared with the previous guidance of 340 to 360 MW for the period ending December 31.
read more... 27/02/2012