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UK’s renewable power industry loses tax reduction, shares plunge

Britain's green energy providers and their clients will no longer be exempt from a climate change tax, as stated by finance minister George Osborne on Wednesday, knocking shares in power producer Drax to their lowest ever level.

read more... 09/07/2015

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UK government to halt prematurely financial support for onshore wind

The British government unveiled it will end Renewables Obligation (RO) subsidy regime for new onshore wind power projects from April 2016, a year ahead than originally planned.

read more... 22/06/2015

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Bulgaria requires renewable energy producers to split output

Bulgaria's electricity grid operator required all green energy producers to halve their output on Monday in an effort to balance production and consumption in the Balkan country, according to the state-owned company.

read more... 26/05/2015

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UK posts a record high in renewables investment in 2014

The British renewable industry registered a record high in new investments in 2014, attracting £10.7bn (USD 17bn/EUR 15bn) in 2014, according to an annual analysis by PwC for the Renewable Energy Association.

read more... 15/05/2015

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German conventional power loses ground to renewable energy

North Rhine-Westphalia, the German state which hosts utilities RWE AG and EON SE and has one-third of Germany’s installed conventional power capacity, is losing its status as the country’s powerhouse as wind and solar energy begin to eclipse conventional sources.

read more... 14/05/2015

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