EU foreign ministers decided on 23 January 2012 to ban new contracts to import petroleum and petroleum products from Iran and to end existing contracts by 1 July 2012. On 17 March 2012, the SWIFT electronic banking network, the world hub of electronic financial transactions, ordered to disconnect all Iranian banks from its international network that had been identified as institutions in breach of current EU sanctions.
read more... 20/03/2012
The largest electric vehicles charging point will be built in Estonia by a Swiss power and automation conglomerate ABB. It is scheduled to become operational by December 2012 and will be the world’s first fast-charging infrastructure serving the entire country.
read more... 12/01/2012
European Investment Bank (EIB) has approved a loan worth 235 million Euros for the Irish network operator, Energy Supply Board (ESB) which constitutes half the investments required for the two-year program.
read more... 21/11/2011
Renewable energy is gaining ground and becomes more affordable due to its competitive costs. Through a new marketing strategy, Vestas, a Danish wind turbine manufacturer, aspires to connect with over 500 energy companies by sending personalized InMail, through LinkedIn, a business-related social networking site. The InMail will express the financial and brand building benefits of investing in renewable energy and mainly in wind power.
read more... 17/11/2011
German Federal Network Agency has recently revealed new feed-in tariffs for solar PV power for 2012. The new once will be 15% lower than those in 2011 and were settled by the German Network Agency after analyzing the solar PV increase for the fiscal year through the third quarter of 2011.
read more... 15/11/2011