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Poland's plan to extend coal mine's life could cost it EU climate funds

Poland's plan to extend the life of a coal mine in Turow until 2044 could mean the region will not get access to the European Union's flagship green transition fund, the European Commission said on Monday.

read more... 04/05/2021

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Daily (03.05.2021): Oil prices dropped by 2% on Friday, weighed by profit-taking and India’s pandemic situation

Crude oil prices ended lower on Friday, weighed by the Covid-19 situation in India and fears for black gold demand. Meanwhile, profit-taking after three sessions of gains also put pressure on prices. As a result, Brent crude fell by 1.9% to $67.25 a barrel, and WTI oil ended 2.2% down at $63.58 a barrel.

read more... 03/05/2021

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Divestments and higher top line boost First Solar's Q1 profit

US thin-film photovoltaics (PV) maker First Solar Inc (NASDAQ:FSLR) more than doubled its net profit in the first quarter (Q1) amid growing sales, pushing it to slightly upgrade the upper range of its full-year sales forecast.

read more... 03/05/2021

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March saw the highest monthly figure of new solar PV capacity since 2019

The number of new solar PV installations across the UK soared during March reaching the highest monthly figure since 2019.

read more... 03/05/2021

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Ukraine starts pumping gas into underground storage facilities

Ukraine has started pumping natural gas into underground storage facilities, data provided by the state-run Naftogaz energy firm showed on Sunday.

read more... 03/05/2021

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