Latest news
Vestas to halt production at China plant on expected weak demand
Danish wind turbine maker, Vestas Wind Systems has decided to halt production at its factory in Hohhot, China, making redundant 300-350 employees.
read more... 25/06/2012
Japan’s Hitachi to build a nuclear power plant in Lithuania
Lithuania’s government has approved a deal with Japan’s Hitachi involving the construction of a new nuclear power plant, aimed to reduce the Baltic country’s energy dependence on Russia.
read more... 22/06/2012
Japan’s energy imports increase after nuclear reactors dismantle
Following the closure of nuclear power plants, Japan increased its coal and LNG imports by a fifth in May in order to deal with its energy shortage. Therefore, Japan should import as much as 90 million tons of LNG in the year through March, to generate the power needed to set off for the shut reactors
read more... 20/06/2012
First Solar to boost German production before closing plants at the end of 2012
U.S.-based First Solar, the second maker of solar cells in the world, will increase the production at its German plants, expected to close later this year, move aimed to meet an expected hike in demand.
read more... 14/06/2012
Gazprom to bid for EDF Energy U.K. Power Plant
The Russian giant Gazprom envisages bidding for a U.K. power plant put up for sale by EDF Energy, deal which will provide the gas major with a production base in UK to complement its growing trading business.
read more... 11/06/2012