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Spanish wind park Gamesa profit up 63% to €206 million in the first nine-months of 2016

Spanish wind turbine manufacturer Gamesa increased on Thursday for the second time in a year its 2016 sales and earnings targets, after reporting a 63 percent rise in net profit in the first nine months encouraged by a robust order book from emerging markets.

read more... 11/11/2016

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Steag to disconnect approximately a third of German power plants

Utility Steag GmbH intends to switch off approximately a third of its German electricity generation capacity, referring to a huge drop in wholesale prices that has instigated many of its larger competitors to close down plants since they no longer turn a profit.

read more... 03/11/2016

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Greek power utility announced China's State Grid winner in electricity grid sale

Greece's power utility Public Power Corp. (PPC) on Monday entitled China's State Grid International Development as the winner in a tender to vend a stake in the nation's electricity grid operator.

read more... 01/11/2016

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Spanish government returns to renewable power auctions, with two new sales

The Spanish government envisages to hold two renewable power auctions, with one auction for December this year and another one in January 2017, in a move to meet its European Union green power commitments.

read more... 21/10/2016

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Qatargas inks five-year LNG supply deal with Petronas LNG UK

Qatargas, the world's largest LNG producer, said on Wednesday it inked a five-year sales and purchase agreement with Petronas LNG UK.

read more... 19/10/2016

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