Infrastructure investor First State Investments is searching to develop its presence in Germany's 1.7-million-kilometre network of regional electricity and gas grids.
read more... 10/04/2015
EnBW, Germany's third-largest utility, will slash costs further in response to low wholesale prices and writedowns on plants, anticipating the crisis in the energy sector to diminish profits by about 5 percent this year.
read more... 18/03/2015
Germany's second-largest utility RWE has purchased a minority stake in solar conglomerate Conergy, aiming to develop its position in the embattled solar industry after having missed the tendency for years.
read more... 17/03/2015
Vestas will provide 15 V112 turbines of 3.3MW to CPC Germania for the Hüselitz wind project in Saxony-Anhalt in eastern Germany.
read more... 11/03/2015
Brent crude prices declined 2 percent on Monday, dragged down by European Central Bank bond-buying, while U.S. crude boosted 1 percent on a smaller-than-expected increase in stockpiles at the main oil hub at Cushing, Oklahoma, driving to a narrowing gap between the two benchmarks. Brent decreased $1.20, or 2 percent, to settle at $58.53 a barrel, while U.S. crude rose by 39 cents, or 0.8 percent, to close at $50.
read more... 10/03/2015