Latest news
Debt-crippled RWE slashes investments in renewable energy business
RWE Innogy, the renewable branch of Germany’s No.2 utility RWE, plans to slash its investments in renewable energy business to 1 billion euros ($ 1.2 billion) between 2015 and 2017 amid a crisis in the power sector which has triggered an accumulated debt of 31 billion euros ($36.7 billion).
read more... 13/01/2015
Ukraine coal production drops by 22% in 2014, Eastern conflict
Ukrainian coal output dropped by 22 percent in 2014 to 65 million tonnes after the pro-Russian separatist disagreements interrupted mining operations in the country's eastern industrial centre, as stated by deputy energy minister Yuri Zukov on Friday.
read more... 12/01/2015
Poland considers energy sector tie-ups to enhance investment
The Polish government would want to see a consolidation of the country's energy sector so as to increase its investment potential, as stated by Treasury Minister Wlodzimierz Karpinski on Thursday.
read more... 09/01/2015
Egypt inks agreement to import LNG from Algeria
Egypt inked an agreement on Monday to import liquefied natural gas from Algeria between April and September, as stated by the oil ministry, since it aims to reduce a chronic energy shortage.
read more... 02/01/2015
NextEnergy purchases UK solar for £32.7million
NextEnergy Solar Fund (NESF) has acquired for £32.7 million two PV power plants in the UK, adding together 28MW in capacity.
read more... 26/12/2014