Latest news
Turkey: $1.7 billion loan deal negotiated between DenizBank and Socar
Turkey’s DenizBank lender, owned by Russia, is in negotiations with Azeri state-owned oil firm SOCAR over a loan package for investments of about $1.7 billion, as stated on Friday by Hakan Ates, DenizBank Chief Executive Officer.
read more... 24/03/2014
UK: 100 billion pounds more investment needed so as to meet 2020 carbon targets
Around 8 to 10 billion pounds are being annually spent for low-carbon energy in Great Britain, or a total of maximum 100 billion pounds over a 10-year period, which is less than half of the level estimated to be invested for attaining 2020 carbon targets, as stated by lawmakers on Thursday.
read more... 07/03/2014
More biogas plants to be launched by French biomass group Albioma
Two biogas plants of 2 and 0.5 MW capacities have been firstly launched by the French biomass group Albioma as part of an investment obligation to profit from regulatory changes in France, according to company’s general manager on Wednesday.
read more... 06/03/2014
EU urged by thirteen ministers to approve 2030 green energy goals
The European Union has been urged by thirteen ministers on Monday to reach an accord till the end of March on the most important aspects of 2030 environment and energy policy or it risks discouraging significant energy investments and pushing back efforts to obtain a global agreement on climate change.
read more... 04/03/2014
Iberdrola to invest more abroad and less in Spain
Spanish Iberdrola, the world’s major wind power generator, has expressed its disapproval regarding the latest energy market reform announced by the Spanish government, declaring that the changes in the energy policy will discourage important investment. The company’s net earnings reduced 7% in 2013, as a result of Spanish regulatory modifications and fiscal measures.
read more... 20/02/2014