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Orcan Energy implements first geothermal project in Germany

German ORC technology company Orcan Energy, announces having implemented a first geothermal project in record time together with its cooperation partner E.ON.

read more... 14/04/2021

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IKEA makes first solar park investment in Russia

Ingka Group, the owner of most IKEA stores world-wide, has agreed to buy a 49-percent stake in eight solar parks in Russia from Solar Systems LLC, marking its first investment in renewable energy in the country.

read more... 14/04/2021

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Seven European countries to halt export finance for fossil fuels

Seven European countries, including Germany, France and Britain, will commit on Wednesday to stop public export guarantees for fossil fuel projects, French Finance Minister Bruno Le Maire said on Tuesday.

read more... 14/04/2021

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Daily (13.04.2021): British gas prices rose on Monday amid cold weather, tight supply and bullish energy complex

Oil prices continued to fluctuate in a narrow range on Monday, spurred by signs that demand is recovering in key markets like India and the United States. Moreover, reports that Yemen's Iran-backed Houthi rebels attacked a Saudi oil facility, lifted tensions in the oil-rich Middle East. Hence, Brent crude added 0.5% to settle at $63.28 a barrel. U.S. WTI crude rose by 0.6% to end at $ 59.70 a barrel.

read more... 13/04/2021

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France turns net power importer on higher demand, lower nuclear output

France was a net importer of power in Week 14 (April 5-11) as cold temperatures saw power demand rise sharply after the Easter weekend, while a combination of planned and forced outages in EDF's nuclear fleet saw its generation at a six-month low.

read more... 13/04/2021

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