Latest news
UK establishes a subsidy ceiling price for geothermal projects
British government unveiled it had set a ceiling strike price for geothermal projects in an upcoming auction at 140 pounds per megawatt-hour (MWh).
read more... 14/03/2017
UK: Offshore wind power subventions likely to fall below nuclear
Subsidy costs for British offshore wind farms might drop below those of new nuclear plants in next month's government auction, German company Siemens' Britain's government is under pressure to bring down consumers' power costs at the same time as supporting low-carbon generation to aid satisfy its carbon emission reduction goals and plug a forthcoming supply gap.
read more... 13/03/2017
Indian cabinet awards 31 oil and gas blocks under 2016 bid round
The Indian government has finally approved the rights to 31 oil and gas exploration blocks comprising 44 small fields, which were auctioned under the Discovered Small Field (DSF) Bid Round 2016.
read more... 17/02/2017
India’s solar tariff hits a new record low
In the recently completed 750 MW Rewa Solar Park auction in Madhya Pradesh in India, bids hit a new record low of Rs.3.30 (~$0.494)/kWh (levelized tariff over 25 years), over a rupee lower than the previous low tariff of Rs.4.34 (~$0.065)/kWh, which was registered in the state of Rajasthan in January 2016.
read more... 15/02/2017
Eni’s position in Egypt grows with two new gas exploration deals
Italian energy giant Eni is consolidating its position in the Mediterranean Sea by reaching two new deals in an Egyptian auction.
read more... 29/12/2016