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Verbund aims to reduce its debt

Verbund, the major Austrian power utility, intends to issue shares for the total sum of 1 billion euros, in order to reduce its debt.

read more... 01/07/2010

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Vestas to supply 50 MW wind turbines for China

Datang Renewable Power ordered 25 wind turbines for a wind farm in China from Danish manufacturer Vestas, the second 50MW order of V80 2MW turbines series in five days.

read more... 22/06/2010

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Photon Energy focus on new solar projects in Czech Republic and Slovakia

Photon Energy comes with new solar projects for Czech Republic and Slovakia, expanding its portfolio and engineering team in order to achieve the plans considered.

read more... 14/06/2010

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EDF might sell nuclear power to competitors

Ongoing debates in the French parliament could lead to the obligation of EDF, the French nuclear giant, to sell 25 % of its nuclear electricity to competitors in France, in order to boost competition in the electricity market, where EDF holds the key position at the moment.

read more... 04/06/2010

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South Stream gas transaction between Russia and Greece

On June 7, Greece's natural gas grid operator DESFA and Russia's Gazprom will sign an agreement in Moscow in order to construct the Greek section of the natural gas pipeline project, South Stream, led by Russia, estimated at 1 billion euros, according to an official’s statement on Monday.

read more... 25/05/2010

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