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SOCAR Turkey finalizes acquisition of EWE Turkey

SOCAR Turkey completed the takeover of EWE Turkey Holding's subsidiaries Bursagaz, Kayserigaz, Enervis, EWE Enerji and Millenicom, according to a statement from the company on late Monday.

read more... 19/06/2019

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Ireland commits to 70% renewables with new action plan

The Irish government on Monday released the country’s Climate Action Plan for 2019, which calls for a 70% renewables share in the total power mix by 2030.

read more... 19/06/2019

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Daily (18.06.2019): NBP day-ahead climbed by 6.5% on Monday, due to an undersupply in the system and reshuffle of flows

Crude oil prices declined on Monday weighed by fears of an economic growth slowdown amid international trade disputes between U.S., China and India. However, the recent attack on two oil tankers in the Middle East limited losses. As a result, Brent crude dropped by 1.7% to $60.94 a barrel, while WTI futures lost 1.1% to settle at $51.93 a barrel.

read more... 18/06/2019

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Scotland grants marine approval to 800-MW Moray West wind farm

Scotland has given a marine licence to the roughly 800-MW Moray West offshore wind project in the outer Moray Firth Zone, the government announced on Friday.

read more... 18/06/2019

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Serbia's MK Group to build 8.1 mln euro biomass-fired power plant

Serbian diversified conglomerate MK Group said on Monday that it plans to invest 8.1 million euro ($9.1 million) in the construction of a biomass-fired power plant in Vrbas, in the northern part of the country.

read more... 18/06/2019

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