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ENEL looking for a stake in TAP

Italy's biggest power utility Enel is in talks to obtain a 20% stake in the Trans-Adriatic Pipeline (TAP), project that aims to pump Azeri gas to Europe. Enel, necessitates more gas to fire part of its power generation fleet and to sell to consumers. Enel is developing a LNG terminal on the island of Sicily and has a stake in the GALSI project, which aims to transport Algerian gas into Italy

read more... 28/03/2013

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Solar 21 acquires another Italian solar park

Solar 21 Renewable Energy Ireland Ltd, a Dublin-based investment firm has acquired another Italian solar park, bringing to seven the number of solar parks that the Irish company holds in Italy, after it has acquired another six solar projects which were owned by AEG Power Solutions, in November last year.

read more... 25/03/2013

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EU bank to provide 500 million loan to France

The European Investment Bank has decided to grant a loan of about 500 million euro aiming to help finance upgrades to seven of France's high-voltage and very-high-voltage power grid projects through 2016, the funds will help guarantee the quality and security of France's electricity supply, and would allow the country to add new-generation and renewable sources to its grid counting also a major investment in renewable energy sources.

read more... 22/03/2013

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China: The restructuration of PV solar subsidies system may hurt manufacturers

China, set to become the world’s biggest solar market, is facing a restructuration of its subsidies system, envisaging supporting smaller projects rather than large-scale ones in an effort to encourage new facility developments in areas with chronic power shortage issues, according to an industry official.

read more... 22/03/2013

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Mitsubishi,INCJ and Solar Venture acquired a photovoltaic project portfolio in Italy

Mitsubishi Corporation (MC), Innovation Network Corporation of Japan (INCJ) and Solar Ventures have acquired 100% of Solar Holding, a company holding a total of 42 MWp of PV plants under operation in Italy.

read more... 21/03/2013

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