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European Commission gives the green light for French-Chinese nuclear project in UK

The European Commission has given its green light for the construction and operation of the Hinkley Point C nuclear project in UK.

read more... 15/03/2016

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Daily: European prompt power prices evolve differently, with French contract up due to colder weather

Crude oil prices declined about 3 percent on Monday on worries that a six-week market rebound has gone beyond fundamentals as U.S. crude inventories continued to increase and after Iran dashed hopes in joining producers group in order to freeze output. WTI crude futures eased $1.32, or 3.4 percent, to settle at $37.18 a barrel, while Brent fell 86 cents, or 2 percent, to close at $39.53.

read more... 15/03/2016

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British utility SSE vends stake in Clyde wind park for $510 million

British utility SSE Plc declared it would vend a 49.9 percent stake in a flagship wind park in South Lanarkshire to Greencoat UK Wind Plc and GMPF & LPFA Infrastructure LLP (GLIL) for 355 million pounds ($510 million).

read more... 15/03/2016

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UK firm will construct $2.5 million solar project in Kenya

A UK firm plans to construct a solar project valued at $2.5 million (£1.7m) in Kenya.

read more... 15/03/2016

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Brazil: Installed power capacity to increase by 7, 739 MW this year, driven by hydropower

Brazil’s installed generating capacity is set to increase by 7, 739 MW in 2016, with 65% of that hike originating from hydro plants, Ministerio de Minas e Energia stated in its latest power sector bulletin.

read more... 14/03/2016

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