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Daily: Brent crude tumbles on Iran negotiations, Libya exports
Brent crude futures dropped more than $1 a barrel on Tuesday as negotiations this week between world powers and Iran could lessen sanctions against the oil-rich country. The resumption of oil deliveries from Libya also weighed on Brent prices. Meanwhile, U.S. oil futures recovered from a four-month low to end the session higher, narrowing the spread between the two benchmarks by over $1 a barrel in a day of volatile trading.
read more... 20/11/2013
Scotland sets a new target to decarbonise power sector by 2030
Scotland established a target to cut carbon emissions from electricity generation by 2030, while pointing out the huge market for offshore wind beyond 2020, with First Minister Alex Salmond criticizing the U.K. government for disregarding such a target.
read more... 19/11/2013
First Solar to bolster Japanese solar industry
First Solar, the American manufacturer of thin film photovoltaic (PV) modules, or solar panels is envisaging investing about $100 million in Japan to develop solar power plants.
read more... 19/11/2013
Siemens inks 582 MW deal for offshore wind projects in German North Sea
German industrial conglomerate Siemens AG has won an order from Danish Dong Energy to supply wind turbines for two offshore wind power plants in the German North Sea.
read more... 19/11/2013
Germany could miss its 2020 offshore wind power target
Germany is on the way to miss its target for offshore wind power expansion in the North Sea as expansion is not moving ahead as planned. Dutch transmission system operator Tennet stated that new offshore wind capacity in the North Sea is to be limited to 7 GW by 2023, as current targets are unrealistic.
read more... 13/11/2013