Latest news
Repsol sets up renewables unit
Spanish oil business Repsol has established a renewable energy subsidiary, Repsol Renovables and plans to have 4.5 GW of clean energy generation capacity in 2025. And the fossil fuel giant claims it already has a clean energy pipeline in place sufficient to hit 90% of that ambition.
read more... 11/10/2019
Latin America pledges to hit 70% renewables by 2030
Latin America has pledged to make sure 70% of its energy capacity is provided by renewable sources by 2030.
read more... 30/09/2019
Costa Rica produces 98.84% of its power from renewables in 2019
The share of renewables in Costa Rica’s power generation system reached 98.84% so far in 2019, Costa Rican government-run power company Instituto Costarricense de Electricidad (ICE) said Tuesday.
read more... 27/09/2019
Renewables share in UK grows to 35.5% in Q2
The share of renewables in UK power generation reached 35.5% in the second quarter of 2019, up from 32% in the same three months of 2018
read more... 27/09/2019
Daily (24.09.2019): European day-ahead power prices soared by almost 40% due to weaker renewables output and colder weather
Oil prices stabilized on Monday, after gaining 7% last week, following the declaration of Saudi Arabia to restore full output by next week. Brent crude rose by 0.8% to close at $64.77 a barrel, while WTI futures surged by 1% to end at $58.64 a barrel.
read more... 24/09/2019