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EU reaches an agreement with Germany on renewable energy law

European Union authorities have arrived at an accord with Germany on how to make its projected renewable energy law suitable with EU state aid regulations, as stated on Wednesday by the bloc's antitrust chief.

read more... 10/07/2014

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GE to supply turbines for Dunmaglass wind farm

US conglomerate GE has concluded an agreement to provide SSE Renewables with turbines, particularly for the 94MW Dunmaglass wind farm in Scotland.

read more... 09/07/2014

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Germany: 50Hertz alone will invest 400-500 million euros in power grid in 2014

German power grid operator 50Hertz intends to make an investment of 400-500 million euros this year to build transmission connections that will convey wind power from Germany's inaccessible regions to its industrial centers to sustain its move from fossil fuels to renewable energy.

read more... 09/07/2014

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EU utilities to be negatively affected by low energy prices until 2020

Low wholesale power prices will make Europe's utilities suffer, corroding their revenues until the end of the decade since increasing renewable production and low demand integrate, according to the rating agency Moody on Wednesday.

read more... 03/07/2014

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Germany: renewable energy law passed by Bundestag

The lower house of Germany’s parliament, Bundestag, ratified on Friday a law to restructure the system of renewable energy subsidies, clarifying the first problem for a plan that could still be stopped by the European Union after a conflict over its legitimacy.

read more... 30/06/2014

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