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
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
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
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
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