Latest news
China to end the blind expansion of solar and wind energy in favour of nuclear energy
China is eyeing to speed up the use of nuclear energy and put an end to blind expansion in industries such as solar energy and wind power in 2012, according to the Chinese Premier Wen Jiabao's announcement.
read more... 12/03/2012
Carbon technology market to reach 9.67 billion dollars in 2017
Global carbon technology market will see huge increase once the utility and oil and gas industries comply with new environmental regulations, which became more rigorous than ever due to worries over environmental situation. According to an analysis of the global air pollution “Control Equipment in Energy and Power Market”, the market can expect profits of 9.69 billion dollars in 2017 from 7.27 billion dollars in 2010.
read more... 09/03/2012
China to cut its energy use by 21% by 2015
The Chinese Ministry of Industry and Information Technology (MIIT) announced that China envisages cutting its energy consumption by 21% by 2015 and closing inefficient companies in more than 10 industries because of overcapacity, high energy consumption, and pollution.
read more... 28/02/2012
U.S. PV Solar Installations Sharply Increased in Q2 2011
U.S. grid-connected installations of photovoltaic solar panels increased by 69% in Q2 2011 year-over-year, reaching 314 MW, and by 17% quarter-over-quarter mainly due to nonresidential and utility-scale projects which overshadowed a weaker residential solar market as recently published in a report released by industry trade group the Solar Energy Industries Association and research firm GTM Research, U.S. Solar Market Insight.
read more... 21/09/2011
Important step in Indian gas development
British oil giant, BP and India’s Reliance Industries Limited (RIL) announced the acquisition of a 30 per cent stake in 21 oil and gas production sharing contracts (PSCs) that Reliance operates in India, including the producing KG D6 block.
read more... 02/09/2011