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Wind turbine giant Vestas to slash 2335 jobs

Vestas, the world's largest wind turbine manufacturer based in Denmark, has recently announced its plans to slash 2335 jobs as part of a restructuration and cost reduction program. Over half of the jobs being cut will be in Denmark, where the company is based.

read more... 17/01/2012

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Gamesa to open a wind turbine blade factory in India

Gamesa projects to open a wind turbine blade factory in India which will produce turbines of G5X- 850kW and G9X-2.0 MW. The factory will primarily supply India’s northern states, including Gujarat, Rajasthan, Madhya Pradesh and Maharashtra. The company invested 25 million euros to commission the wind turbine blade facility.

read more... 16/01/2012

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China: Seven pilot provinces and cities prepared for setting carbon-trading schemes

Seven provinces and cities in China started to make final preparations as the country envisages cutting the carbon intensity by 17% by 2015.

read more... 16/01/2012

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Daily – oil prices slightly increased after S&P issued downgrades

U.S. crude oil futures slightly increased and Brent crude moved slightly down in post settlement trading on Friday as Standard & Poor’s issued downgrades to several euro zone countries and left Germany’s rating unchanged.

read more... 16/01/2012

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British Gas to slash electricity prices by 5%

British Gas announced that it will slash the electricity prices by 5% in the next days, as result of falling wholesale prices, being followed by Scottish & Southern Electricity (SSE), which will cut its gas tariff by 4.5% starting from March, 26.

read more... 16/01/2012

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