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Germany set to increase green energy levy by 8% in 2017

The green energy levy in Germany (EEG), a surcharge paid by power consumers to support the transition to renewables, is expected to rise by 8 percent in 2017, despite governments efforts to slash support for renewable power.

read more... 11/10/2016

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Daily: Spot electricity prices tumble on firmer renewables output

Crude oil prices ended down on Tuesday after a dollar increase offset optimism over planned OPEC output reduction before a report indicating another weekly decline in U.S. crude stocks pushed prices up toward four-month highs in the post-settlement trade. Brent crude lost 2 cents at $50.87 a barrel, after rising to $51.37 during the session, its highest level since June 10. U.S. WTI crude settled down 12 cents at $48.69, after hitting $49.13 earlier, the highest level since July 5.

read more... 05/10/2016

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Lewis Wind Power purchases new wind farm site in Scotland

Lewis Wind Power (LWP), a joint venture between engineering and construction group Amec Foster Wheeler and EDF Energy Renewables, on Wednesday acquired new wind farm acreage on Scotland's Isle of Lewis since it tries to sell production into the wider UK grid through a scheduled sub-sea cable.

read more... 16/09/2016

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Finnish Fortum will run renewables energy plant in UK

Finnish energy firm Fortum will run and maintain the Tees renewable energy plant in the U.K., as announced by the company on Wednesday.

read more... 19/08/2016

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Iran poised to launch the first tender for utility-scale renewable energy projects to attract $12 billion investment

Iran is preparing to organize its first tender for utility-scale renewable energy projects by the end of 2016, as its appetite for renewables projects grows considerably. The projects could attract investments worth US$12 billion once completed.

read more... 20/07/2016

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