Latest news
Largest Indian PV plant to get 48 million dollars loan
The largest Indian solar PV power plant, with a total capacity of 40 MW, received a long-term loan from the Asian Development Bank worth 48 million dollars. The Dahanu solar power plant will be built in the western state of Rajasthan, and it is planned to be completed by the second quarter of 2012.
read more... 07/12/2011
Norway oil, gas investments rising to a record in 2012
Total investments in oil and gas sector in Norway could hit a record of NOK184.6 billion ($32.0 billion) in 2012 from NOK152.6 billion in 2011, driven by continuous high oil prices and the need to upgrade ageing infrastructure, according to Statistics Norway.
read more... 02/12/2011
Total to challenge French government decision to cancel shale gas permits
The French energy major Total will appeal against the French government’s decision in October this year to cancel its license for the exploration of shale gas in Montelimar, in the south of France, as Total chief executive Christophe de Margerie said.
read more... 29/11/2011
Siemens won a 900 million dollars order
Siemens won a significant order for the development of six wind power projects in Americas worth 900 million dollars. The total capacity will reach more than 670 MW and will provide green power for more than 200,000 households.
read more... 09/11/2011
SunPower overhauls its 2011 fiscal balance sheet
SunPower overhauled its 2011 fiscal balance sheet considering non-GAAP, registering from 2.40 to 2.45 billion dollars total income, a gross margin of 12% to 14% and capital expenditures of 125 to 135 million dollars. Moreover, due to the restructuring program inside the company, for assuring a better future for the company, a pre-tax charge of about 10 million dollars could occur, even if it is not considered in the current 2011 GAAP guidance.
read more... 07/11/2011