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EBRD is financing a new wind farm project in Poland

The European Bank for Reconstruction and Development (EBRD) is financing the construction and operation of phase 1 of a new wind farm project in Orla, eastern Poland. The EBRD supports the 37.5MW wind farm project with an investment loan of up to 22 million euros.

read more... 12/02/2014

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Poland to build two new nuclear power plants

Poland's government has announced on Tuesday its intention to go ahead with the plans to build two nuclear power plants. Currently, the country produces 90 percent of its electricity from coal but wants to diversify its fuel sources, making its energy sector more efficient. Poland has opted for nuclear, in a move which aims also to help meet the environmental requirements of the European Union.

read more... 30/01/2014

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Successful shale test for San Leon in Poland

European oil and gas company San Leon Energy Plc, has reached a crucial milestone on the way to commencing commercial production of shale gas for the first time in Europe, reporting a sustained gas production rate of 45,000–60,000 standard cubic feet per day. Natural gas flowed from its Lewino well in a shale formation in the Baltic Basin in northern Poland.

read more... 28/01/2014

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Eni to abandon shale gas projects in Poland

Italian energy firm Eni intends to abandon its shale gas projects in Poland due to unclear regulation and difficult geology, the same concerns that have already pushed other foreign firms as Marathon Oil, Talisman Energy and Exxon Mobil, to quit Polish shale. If Eni will leave as well, Chevron and ConocoPhillips would be the last two companies committed to a shale gas industry in Poland.

read more... 15/01/2014

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Poland: coal demand could be reduced by 50% by 2030

Poland is one of the fastest-growing economies in the European Union and the power that drives it comes from the dirtiest of fossil fuels- coal. But, according to a new study made by researchers in Germany and Poland, renewable energy groups and environmental group Greenpeace, Poland could reduce by almost 50% its demand for coal by 2030 shifting to wind, solar, hydro, biomass and geothermal energies.

read more... 27/12/2013

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