Latest news
Iberdrola to invest more abroad and less in Spain
Spanish Iberdrola, the world’s major wind power generator, has expressed its disapproval regarding the latest energy market reform announced by the Spanish government, declaring that the changes in the energy policy will discourage important investment. The company’s net earnings reduced 7% in 2013, as a result of Spanish regulatory modifications and fiscal measures.
read more... 20/02/2014
EDF Energy generated its highest amount of nuclear power in UK in 8 years
The French state-controlled company EDF Energy has announced that last year it has generated its highest amount of nuclear power in the UK for the last eight years, increasing its earnings by 1.4 per cent to £1.69bn from £1.67 in 2012, driven by the performance of its eight nuclear power stations. According to the company’s annual results, the nuclear power output rose by 0.5 TWh attaining 60.5 TWh in 2013.
read more... 14/02/2014
Enel Green Power profits up by over 20% in the first semester
Italy's biggest renewable energy company Enel Green Power (EGP), controlled by Italian utility Enel, has announced yesterday that in the first six month of 2013 its earnings increased by 21.7% to 269 million euros in comparison to 221 million euros in the same period of 2012.
read more... 01/08/2013
Gazprom earnings for 2012 down 10%
Russian energy giant Gazprom, the world’s biggest natural gas producer, reported a 10% drop in its earnings amid lower gas sales. Profits for 2012 amounted to 38.17 billion dollars, compared to 42.2 billion dollars in 2011.
read more... 30/04/2013
First Solar slashes its outlook for 2011
First Solar slashed its sales and earnings outlook for 2011 for the second time in two months, while its 2012 outlook is seen below Wall Street view. The new forecast does not include expected charges planned to be allotted for efficiency improving. Currently, the company expects to register net sales between 2.8 and 2.9 billion dollars in 2011, down from its October forecast of 3 to 3.3 billion dollars.
read more... 27/12/2011