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Gamesa will triple investment in China by 2012

The Spain-based company Gamesa, will triple its investment in China in the next 2-3 years, to expand its facilities in the country. The Spanish company already invested around 42 million Euro in 2009 and plans to invest a further 90 million by 2012, to meet the rising demand of China’s growing wind energy industry.

read more... 17/09/2010

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Iberdrola will build 9 wind farms in Brazil

Iberdrola Renovables, in a consortium with local energy company Neoenergia, won the tender for the construction of 9 new wind farms in Brazil. The tender for the projects was called by Brazil’s electricity industry authority, Agencia Nacional de Energía Elétrica (ANEEL).The complete tender was for 50 wind farms (1,520 MW), five hydroelectric plants (101 MW) and a biomass facility (64 MW).

read more... 08/09/2010

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Eni intends to increase gas stocks by 4 bcm

Eni, the major oil and gas company in Italy, presented to regulatory authorities and to the Industry Ministry a plan to raise its gas storage facilities by 4 billion cubic meters, according to some of the Ministry’s officials.

read more... 06/09/2010

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Italian - Israeli Joint Venture in solar business

Italian PV industry is expanding on new markets, including Israel solar market, especially after the formation of a new joint venture between the Italian Energos Spa and Israeli Ginergia Ltd. and Menorah Group.

read more... 13/07/2010

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Greater profits for SMA Solar

The largest solar inverters producer in the world, German company SMA Solar, reevaluated its earnings estimations for 2010 from 1.3 billion Euros to 1.8 billion Euros, conditioned by faster than expected growth in solar industry.

read more... 07/07/2010

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