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Doubling share of renewables by 2030 might save $4.2 trillion/year

Doubling the share of renewable energy in the global energy mix to 36 percent by 2030 might save the world economy approximately $4.2 trillion a year, research by the International Renewable Energy Agency (IRENA) revealed on Wednesday.

read more... 17/03/2016

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Daily: European prompt power prices dragged down by stronger renewables output

Crude oil prices rose as much as 2 percent on Tuesday, before slashing most of their gains in post-settlement trade after figures indicating a considerable increase in U.S. crude inventories already at record high levels. Brent, the global benchmark for crude, increased by 4 cents at $36.61, after trading in the negative earlier. It had climbed 24 cents, or 0.6 percent, to settle at $36.81. WTI crude edged 14 cents up, or 0.4 percent, at $33.89 a barrel by 5:17 p.m. EST (2217 GMT). It had closed up 65 cents, or 2 percent, at $34.40 a barrel.

read more... 02/03/2016

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Finland to grant $88 mln investment aid for renewables projects

Finland’s government plans to allocate 80 million euros ($88 million) in aid to biofuel and new energy technology projects to meet its climate goals by 2030.

read more... 26/02/2016

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Statkraft and associates will construct Europe's biggest onshore wind farm for 1.1 bln euros

Renewables producer Statkraft and associates will construct what it declared was Europe's biggest onshore wind farm for 1.1 billion euros ($1.21 billion) in Norway, it stated on Tuesday.

read more... 23/02/2016

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E.ON’s investment in renewables attains €10 billion

E.ON claims it has invested over €10 billion (£7.7bn) in green energy.

read more... 08/02/2016

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