Last week China has announced that it will ban the construction of new coal power plants in three regions near Beijing, Shanghai and Guangdong, in a move which aims to reduce the consumption of coal below 65% of total power generation by 2017, in comparison to 70% currently, and to reduce country’s air pollution.
read more... 30/09/2013
During the first semester of 2013 the UK registered a new record in terms of new solar PV capacity installed globally. UK added 802 MW of new solar PV installations, representing 5.5% of 14.9% installed globally. It is the strongest first-half year ever for the UK PV industry. The UK was sixth only after China, Japan, Germany, Italy and the U.S..
read more... 26/09/2013
Crude oil prices declined on both sides of the Atlantic, down more than $1 per barrel on Monday, despite bullish economic data from China and Europe, as higher crude production from Iraq and a possible lessening in U.S.-Iran relations increased the supply panorama. Brent crude for November delivery eased $1.06 to settle at $108.16 per barrel, after hitting a session low of $107.76. Meanwhile, U.S. crude for November declined $1.16 to $103.59 a barrel. Brent's premium over U.S. crude settled at $4.57, little changed from Friday's close of $4.55.
read more... 24/09/2013
China will apply a 6.5% tariff on imported solar-grade polysilicon from the U.S. from September 20, as part of its provisional anti-subsidy duties measures.
read more... 19/09/2013
China is expected to invest 80 billion yuan ($13.07 billion) in oil and gas exploration until the end of 2013, as it pledges to increase energy supplies and to curb its dependence on energy imports, according to the Ministry of Land and Resources.
read more... 17/09/2013