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UK: an investment company acquires solar projects for £18.8 million

A UK investment firm has purchased solar projects of about 4.2MW. John Laing Environmental Assets Group (JLEN) paid for 796 projects approximately £18.8 million.

read more... 03/11/2015

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Statoil to defer commencement date for North Sea Mariner Project to 2018 as oil price slumps

Statoil, the Norwegian oil giant, has delayed the start date for the largest project in the UK North Sea for more than a decade, as the region is harshly affected by a plunge in crude oil prices since summer of 2014 and forced the world’s biggest companies to sharp spending cuts.

read more... 28/10/2015

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Ofgem will spur more competition in constructing onshore electricity infrastructure

Ofgem is analyzing on how to tender out new onshore power transmission infrastructure projects estimated £100m or more. The first tender might take place in 2017.

read more... 22/10/2015

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Georgia's hydropower plant project obtains $673 million funding

Plans by the ex-Soviet republic of Georgia to build a major hydropower plant aiming to turn into an energy exporter obtained a $673 million financing from the Georgian Co-Investment Fund (GCF), as stated by the fund on Thursday.

read more... 16/10/2015

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Britain gives deadline for onshore wind subventions

Onshore wind farm projects qualified for British government supports will need to have gained planning approval before June 18, as stated by the Department of Energy and Climate Change (DECC) on Thursday.

read more... 09/10/2015

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