Latest news
UK power blackout fears on the track to fade
The UK energy experts have longtime warned that the country could face a severe power blackout between 2015 and 2020, highlighting the uncertainty of UK’s electricity supply, as existing coal and nuclear power stations are due to be retired in 2016 and energy projects for their replacement are not likely to be completed in time.
read more... 02/03/2012
Spain leaves renewable top 10 to curb its budget deficit
Spain, known as the top-ranked renewable energy market for investors, is leaving the top 10 after the Spanish government has decided to suspend all subsidies for renewable energy projects, with immediate effect, meaning it will no longer provide subsidies for new wind, solar, co-generation or waste incineration projects.
read more... 28/02/2012
GDF SUEZ to develop 100 MW in Romania and Poland
GDF SUEZ continues to expand wind energy in Europe planning to develop 100 MW of projects in Romania and Poland. This movement underlines company’s intention to consolidate the proportion of renewable energy sources in its energy mix in Europe and achieve its target of 50% increase in its capacity by 2015.
read more... 06/02/2012
Huhne against higher feed-in tariffs for solar power
Recently the Energy and Climate Change Secretary Chris Huhne warned that solar PV installers cannot benefit of the current feed-in tariff rate of 43p/kWh, confirming the government projects to appeal against a second court ruling concerning the reduction of solar incentives.
read more... 31/01/2012
Spain to slash subsidies for green energy
The Spanish government announced that it is cutting the subsidies for renewable energy projects, a sector which made the country a leader among the European countries, as part of a strategy to cope with its budget deficit and to reduce its power-system borrowings backed by the state that hit 24 billion euros ($31 billion) at the end of 2011.
read more... 30/01/2012