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UK Solar Trade Association unveils rescue plan for renewables

British Solar Trade Association (STA) unveiled an emergency plan to rescue renewables, which it says would add just £1 to consumer bills by 2019, from the £9 a year that clean technology subsidies cost for bill payers.

read more... 19/10/2015

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German households – a potential increase in green power surcharge to 6.35 cents/kWh

A renewable energy surcharge levied on German consumers to sustain green electricity production is expected to insignificantly increase next year, after dropping this year, as stated by two sources with knowledge of the new charge on Friday.

read more... 12/10/2015

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Germany to offer €1 billion financial assistance to India’s renewable energy sector

Germany will offer a financial assistance of €1 billion (USD 1.12bn) to India for the development of solar power projects in the Asian country over the next five years, move announced following German Chancellor Angela Merkel’s recent visit to India.

read more... 09/10/2015

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Daily: European day-ahead power prices jump amid weaker renewable output, robust fuel demand

Crude oil prices soared over $2 a barrel on Tuesday, breaking out of a month-long trading range on technical buying and industry talks as well as spurred by U.S government figures indicating that the global oversupply could ease. Brent rose by $2.67, or 5.4 percent, to settle at $51.92, breaking out of the $47 threshold it had held since early September. WTI jumped by $2.27, or 4.9 percent, to close at $48.53 a barrel.

read more... 07/10/2015

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Renewables beat burning coal in the British power mix

UK generated more of its electricity from renewable sources than from burning coal for the first time in the second quarter of 2015, due to a record high from wind and solar plants.

read more... 30/09/2015

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