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Russia’s oil output hits new record in 2012
Russia’s oil output hits new record in 2012, to a new post-Soviet high of 10.37 million barrels per day due to an increase in production at Rosneft. Russia had established its previous post-Soviet record in 2011, when the production amounted to 10.28 million barrels per day. According to the International Energy Agency, Russia's oil output hit the highest level at 11.41 million bpd in 1988, when it was part of the former Soviet Union and it accounted about 90 % of total Soviet oil output. This new record confirms Russia as the biggest oil producer in the world.
read more... 03/01/2013
China: MoF has approved solar projects for a total of 2.83 GW under the Golden Sun project
The Golden Sun program was started by the Ministry of Finance (MoF), Ministry of Science and Technology, and the National Energy Administration in 2009, with the objective to support financially the projects ranging from photovoltaic generation facilities in industrial parks to large solar power stations. Under this program, the MoF has approved projects for a total of 2.83 GW, which need to be constructed by the end 2013.
read more... 14/12/2012
U.S: Solar PV industry installs 684 MW in the third quarter of 2012
According to the Solar Energy Industries Association, about 684 MW of solar PV capacity was installed in the third quarter of 2012, up 44% in comparison to the same period of 2011. In the first 10 months of 2012 solar alone increased by 133%, with total U.S. solar PV power capacity amounting now over 5900 MW, with 1.2 gigawatts of solar photovoltaics installed, bringing 2012 installations to 3.2 gigawatts, enough to supply with power about 1 million households.
read more... 13/12/2012
China boosts its solar subsidies in 2012, soaring Chinese solar stocks
China has boosted subsidies for its solar industry by 7 billion yuan ($1.1 billion) in 2012 to a total of 13 billion yuan, the government said on Wednesday, move aimed to help manufacturers crippled by excess capacity and fading foreign demand.
read more... 13/12/2012
The European investment Bank to provide a 155 million euro loan to Bord Gàis
The European Investment Bank (EIB) has granted a 155 million euro loan to Irish energy company, Bord Gàis, to support the construction of six onshore wind farms, in Counties Tipperary, Clare and Kilkenny, with a total combined capacity of 141 MW.
read more... 05/12/2012