Latest news
ARMZ of Russia might become the third uranium producer
ARMZ, the state-controlled miner in Russia, the country with 1/10 of the world’s uranium reserves, intends to expand outside the country, aiming to become one of the third major producers in the world. It signed a transaction on Tuesday of acquiring the majority of shares in proportion of 51% in Uranium One, Canada.
read more... 11/06/2010
TOTAL chosen to build solar plant near Abu Dhabi
A consortium among the group Masdar from the United Arab Emirates (60%), French Total (20%) and Spanish Abengoa (20%) was established to build the largest solar plant in the world, located south-west of Abu Dhabi.
read more... 10/06/2010
Oil ends the week with gains
High volatility is observed this week on world oil market.
read more... 28/05/2010
Solar electricity could reach 22 percent of global power supply by 2050
According to the International Energy Agency(IEA), solar electricity could provide up to a quarter of the world's power by 2050, thus cutting greenhouse gas emissions by almost 6 billion tonnes and reducing the dependence on fossil fuels, though government support is imperative in the next decade.
read more... 12/05/2010
Wind parks of Spain set a new daily generation record
On Tuesday, wind parks of Spain, the fourth largest in the world, hit a fresh daily generation high, representing 40 percent of the national power demand, according to the grid operator REE.
read more... 07/05/2010