The world’s most important company by sales, Germany's E.ON, has signed a contract, concerning the selling of its Kentucky’s based unit, to U.S. PPL, for $ 6.7 billion (5 billion Euros) in cash. This deal makes PPL shares decrease by 8%, but it will increase its business mix of regulated and unregulated operations.
read more... 29/04/2010
First German offshore wind farm, Alpha Ventus, was inaugurated at a ceremony in Norddeich, situated 45 kilometers off the coast of the island of Borkum.
read more... 29/04/2010
At present, UK is a global leader in offshore wind energy generation, its growing offshore wind capacity reaching 1,041GW, as E.ON’s Robin Rigg wind farm and DONG Energy’s Gunfleet Sands farms started producing electricity.
read more... 28/04/2010
Fotowatio Renewable Ventures (FRV), an independent solar producer, together with BP Solar, plans to expand in Italy, by installing several photovoltaic plants till the end of 2010, toting up 37.1 MW, at a cost of €125 million.
read more... 27/04/2010
Nordic electricity forward prices increased, being caused by high power and coal prices in Germany, as well as stable prices for carbon emissions.
read more... 26/04/2010