Latest news
E.ON to expand in the U.S solar market
German utility E.ON wants to expand in the U.S. solar market and is planning to install a capacity of 120 MW annually from 2015, said Mike Winkel, the CEO of the company’s renewable unit. The first photovoltaic plant that E.ON will build in the U.S. will be located in Arizona and will have a total capacity of 8 MW.
read more... 05/09/2012
E.ON will not build new gas or coal plants in Western Europe
Germany’s largest utility announced its intent not to build new power capacity based on coal or gas in Western Europe at least until 2020 because the market seems to become oversupplied until the last remaining German nuclear reactors will be shut down permanently, while in Eastern and Southern Europe the situation is different.
read more... 29/08/2012
Russia’s Novatek signed long-term gas contract with Germany’s E.On
Russia's largest independent gas producer Novatek announced it has signed a $22.04 billion contract with E.ON Russia to supply gas to the German company’s power plants in Russia until the end of 2027.
read more... 28/08/2012
E.ON’s first half profit triples on cheaper gas
E.ON has registered a boost in its first- half profits, pushed up by cheaper gas supplies, after the company secured improved natural-gas-contract terms with Russia's OAO Gazprom, according to new reports.
read more... 13/08/2012
China to invest in UK’s nuclear plants
Two Chinese state-owned energy companies are interested in buying E.ON and RWE's UK nuclear joint venture Horizon which was put up for sale in March, as China envisages building a huge number of new nuclear plants on its own territory, to replace some of its old and heavily polluting coal plants.
read more... 07/05/2012