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Largest Photovoltaic Plant inaugurated in Italy

The largest photovoltaic plant in Italy was inaugurated on July 8, near Catania, Sicily, enhancing the country’s leading global position in renewable energy, despite of the Italian government decision to cut off solar incentives.

read more... 12/07/2011

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Daily Energy Market Overview, Monday, July 11, 2011

Crude oil prices dropped more than a dollar on Monday on the back of renewed concerns over demand in the wake of the euro zone debt crisis, which could spread to Italy, and a drop in Chinese crude imports, which plunged 11.5% in June year-on-year to 4.8 million barrels per day, their lowest level in eight months.

read more... 11/07/2011

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Italy’s new austerity plan could reduce solar incentives

Italy could reduce renewable incentives, in the case of approving of a new austerity plan, according to Reuters. This might attack investors’ confidence in the Italians renewable market. Currently, the government looks with caution at this measure, as to know how it could be interpreted.

read more... 07/07/2011

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France to make a huge investment in nuclear energy

The French President, Nicolas Sarkozy has announced a major investment of $1.43-billion in nuclear energy on Monday, facing off the trend against nuclear power which has seized France's neighbors, Germany, Switzerland and Italy.

read more... 29/06/2011

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View on geothermal feed-in tariffs in Europe

Many countries around the world shifted to geothermal energy following nuclear disaster at the Fukushima nuclear reactors. Most of the activity focused on the development of renewable projects is taking place in Europe, while pioneer in geothermal industry is Italy with over 800 MW in operation installed worldwide, even if the country is not concentrated on strengthening its geothermal industry, even it has a good policy for it.

read more... 24/06/2011

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