Latest news
USA: The wind energy Production Tax Credit extended for one more year
The USA Congress has extended the Production Tax Credit (PTC) for a year, which will allow continued growth of the energy source that installed the most new electrical generating capacity in America last year. The new version of the tax will cover all the projects that start construction in 2013. After being approved by the Senate and the House it is now expected to be rapidly signed into law by the President Obama, who always supported the wind energy tax credits during the process.
read more... 04/01/2013
Germany to speed up power grid expansion
The German federal cabinet approved the law to accelerate the construction of 2,800 km of new high-voltage transmission lines, to help transport energy produced from renewable sources of northern Germany to the industrial centers of southern Germany, which are in shortage of energy.
read more... 20/12/2012
Russia to build two new reactors in China
Russian Prime Minister Dmitry Medvedev and Chinese Prime Minister Wen Jiabao, signed a protocol, on Thursday, for the construction of what will be the third and fourth reactors at the Tianwan nuclear power plant, and discussed also the possibility of building floating nuclear power plants.
read more... 10/12/2012
EDF unveils a sharp rise in costs for Flamanville nuclear reactor construction
French state-controlled power giant Electricite de France (EDF) announced that it will increase costs for the nuclear reactor it is building in Flamanville, northern France to €8.5 billion ($10.6 billion).
read more... 07/12/2012
The European investment Bank to provide a 155 million euro loan to Bord Gàis
The European Investment Bank (EIB) has granted a 155 million euro loan to Irish energy company, Bord Gàis, to support the construction of six onshore wind farms, in Counties Tipperary, Clare and Kilkenny, with a total combined capacity of 141 MW.
read more... 05/12/2012