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Debt-crippled RWE slashes investments in renewable energy business
RWE Innogy, the renewable branch of Germany’s No.2 utility RWE, plans to slash its investments in renewable energy business to 1 billion euros ($ 1.2 billion) between 2015 and 2017 amid a crisis in the power sector which has triggered an accumulated debt of 31 billion euros ($36.7 billion).
read more... 13/01/2015
UK wind power breaks a new record high
Wind powered more than a quarter of British homes in 2014, according to advocacy group RenewableUK, citing statistics from National Grid.
read more... 06/01/2015
E.ON has put in service new U.S. solar and wind installations
German utility E.ON declared on Thursday it has put in operation two large-scale renewable energy projects in the U.S., reinforcing its position in a developing market.
read more... 19/12/2014
Sweden: Vattenfall to put on standby its nuclear plans
Swedish power group Vattenfall, will give up its plans to build new nuclear power reactors because of a new government, including Green Party, which is not supporting them, setting up an energy commission tasked with achieving a 100% renewable electricity system.
read more... 01/12/2014
E.ON to split in two its business to focus on renewables
E.ON, the largest utility in Germany, unveiled it plans to split in two its business after a crisis hit the European energy sector.
read more... 01/12/2014