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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

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Prince Charles opens a new biogas plant in Dorset

Last week Prince Charles has opened a new biogas plant near Poundbury, in Dorset. The plant, will inject gas into the National Grid to be sold on the market. It is owned and run by J V Energen, a joint venture between the Duchy of Cornwall and local farmers, which along with some nearby businesses will supply approximately 41,000 tons of maize, grass silage, manure, and food waste to be processed each year.

read more... 22/11/2012

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IEA: Renewable power to surpass coal by 2035

The International Energy Agency (IEA) has recently released a new report according to which the renewable energy will surpass coal, becoming the main generator of the world's electricity by 2035. It sees great potential for wind farms, solar farms and hydroelectric dams that become increasingly competitive with traditional energy sources, a level close by that of coal, said the Paris-based IEA agency that advises 28 nations on energy policy in its annual outlook.

read more... 13/11/2012

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France’s Total to explore the Australian shale gas sector

The French oil major Total, which is the fifth biggest oil company in the world, has become the most recent global player to be involved in the Australian shale gas sector, signing up to a $190 million with Central Petroleum to farm into four exploration permits in the South Georgina Basin.

read more... 07/11/2012

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Onshore wind farms cost declines by 38 per cent in four years

The cost of operating and maintaining wind farms has plummeted 38 per cent over four years, according to new reports released by the wind industry and government, meaning that the cost is declining by about 11% a year, quickly approaching the cost of running conventional natural gas and coal-fired power plants.

read more... 05/11/2012

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