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Australia establishes AU$1 billion clean energy fund to invest in emerging technologies

The Australian Government set up the AU$1 billion ($761.60 million) Clean Energy Innovation Fund (CEIF) to invest in clean and renewable technologies for commercial deployment.

read more... 25/03/2016

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Irish envisages €2.7 billion wind investment

Onshore wind developers will invest minimum €2.7 billion in Ireland in the next four years to guarantee that the country meets its 2020 renewable electricity objectives.

read more... 23/03/2016

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IEA: Worldwide CO2 emissions flat in 2015

Global carbon dioxide emissions (CO2) from the energy sector stagnated in 2015 for the second consecutive year, given that renewable energies have increased, according to preliminary data from the International Energy Agency (IEA) on Wednesday.

read more... 17/03/2016

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Doubling share of renewables by 2030 might save $4.2 trillion/year

Doubling the share of renewable energy in the global energy mix to 36 percent by 2030 might save the world economy approximately $4.2 trillion a year, research by the International Renewable Energy Agency (IRENA) revealed on Wednesday.

read more... 17/03/2016

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Daily: European prompt power prices dragged down by stronger renewables output

Crude oil prices rose as much as 2 percent on Tuesday, before slashing most of their gains in post-settlement trade after figures indicating a considerable increase in U.S. crude inventories already at record high levels. Brent, the global benchmark for crude, increased by 4 cents at $36.61, after trading in the negative earlier. It had climbed 24 cents, or 0.6 percent, to settle at $36.81. WTI crude edged 14 cents up, or 0.4 percent, at $33.89 a barrel by 5:17 p.m. EST (2217 GMT). It had closed up 65 cents, or 2 percent, at $34.40 a barrel.

read more... 02/03/2016

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