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Alstom to modernize the Russian electricity transmission and distribution grid

France’s Alstom, a world leader in transport infrastructure, power generation and electrical grid, has entered a 51/49 joint venture with Russia’s Soyuz Holding to manufacture and commercialize high voltage switchgear in order to modernize the Russian electrical grid. This agreement follows the memorandum of understanding signed in 2011.

read more... 26/06/2014

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Germany considers higher green energy surcharge on industry under new amended reform

Germany wants to amend the planned reform of its renewable policy Renewable Energy Sources Act (EEG), as nation is striving to keep costs under control and to end a deadlock with the European Commission over green power subsidies.

read more... 25/06/2014

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Daily: European power prices slip on colder weather, weak demand and stronger wind output

Brent crude has retreated above $114 a barrel on Tuesday, spurred by continuing violence in Iraq, supply disruptions in Libya and expectations of a slump in U.S. crude stockpiles.

read more... 25/06/2014

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France to raise electricity prices by about 5%

The French government intends to increase regulated power tariffs by approximately 5 percent in the autumn, as stated by Prime Minister Manuel Valls on Friday.

read more... 23/06/2014

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German solar industry breaks a production record in June

The German solar power industry generated a record of 50 percent of its electricity needs through solar panel at the beginning of June, breaking three previous national power production records, according to an analysis performed by the Fraunhofer ISE research institute.

read more... 20/06/2014

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