According to a new report offered by Bloomberg New Energy Finance, annual investments in renewable energy is likely to almost triple by 2030. Renewable energy systems will account for between 69% and 74% of all new power capacity added worldwide by 2030 due to the decrease in the cost of solar and wind energy technologies.
read more... 24/04/2013
UK should give up its coal-fired power stations if it wants to achieve its carbon emissions targets by 2020, recommended a report released by the think tank Carbon Connect.
read more... 24/04/2013
The Italian energy firm Enel Green Energy plans to have about 12.4 GW of green power installed, an increase of 4.4 GW on existing power developments, with around 1 GW of that in place by the end of the year.
read more... 23/04/2013
China's National Energy Administration has recently announced that China is to approve 27.9 GW of new wind power projects. Sichuan’s provincial government plans to focus on the development of renewable energy, giving more weight on wind.
read more... 22/04/2013
Brent crude oil futures increased on Friday, pushed up by a strong day in equity markets, recovering after a consecutive six-day decline. Brent crude settled up 52 cents a barrel at $99.65, declining from an intraday high of $100.33.
read more... 22/04/2013