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Activ Solar completed the largest European Solar Park
Activ Solar GmbH completed recently the Europe’s biggest solar park obtaining financing from two Russian banks, VTB Bank OJS (VTBR) and Sberbank of Russia (SBER). According to the Activ Chief Executive Officer Kaveh Ertefai, the project of this size typically costs around 300 million euros.
read more... 05/01/2012
Russian crude oil output taps Post-Soviet High in 2011
According to preliminary figures published by Ministry of Energy, Russian oil output rose to a record level for the Post Soviet Era, registering an average production of 10.27 million barrels a day in 2011. This is due to the fact that companies in the largest global crude oil production nation took advantage of higher prices and raised output at new projects.
read more... 05/01/2012
Daily – oil up on EU deal to ban Iranian crude
Crude oil futures increased on Wednesday on news that European Union came to a preliminary agreement to ban imports of Iranian crude oil, rising tensions between Tehran and the West over Iran’s nuclear program.
read more... 05/01/2012
Slovak nuclear energy passes stress tests
The Slovak nuclear energy regulator announced recently that the country’s four nuclear reactors passed the stress tests with the results presented in a 178-page report. No deficiencies were identified which could query the further safe operation of the existing nuclear plants.
read more... 04/01/2012
EBRD loans 45 million euros to Serbian hydropower
The European Bank for Reconstruction and Development approved a 45 million euros loan for the Serbian state-owned company, Elecktroprivreda Srbije (EPS), which will be allotted for building seven new hydropower plants and for modernizing 15 existing small hydropower ones.
read more... 04/01/2012