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Czech PM desires more EU funding for energy security

The Czech Prime Minister, Bohuslav Sobotka, declared on Tuesday that more funding is needed from the European Union to projects increasing energy security of its member states by linking their energy networks in order to strengthen diversification of resources.

read more... 12/03/2014

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Exxon plans to launch production at 10 new projects

ExxonMobil Corp., the super giant oil company, has the intention to reduce expenditures and to begin production simultaneously at 10 significant projects this year, adding to its portfolio a net capacity of 300,000 barrels of oil equivalent per day.

read more... 11/03/2014

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SunEdison closed debt financing agreement with UK on solar power projects

SunEdison, solar technology manufacturer based in US, declared that it has completed debt financing transaction with Deutsche Bank for the rebuilding of photovoltaic plants in the UK.

read more... 28/02/2014

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SunEdison keeps 127 MW of solar power regardless of revenue loss

The total revenue published by SunEdison for the fourth quarter of 2013 attained $551.2 million, or a decline of 8% year-over-year, according to Reuters. The decrease in profits of the semiconductor and solar technology company is primarily attributable to the fact that the firm had chosen to retain 127 megawatts of solar projects rather than to vend them.

read more... 24/02/2014

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Italy’s solar PV sector an example for the rest of the world

Italy is currently one of the major producers of electricity from renewable energy sources in Europe. The country’s PV sector has historically been the leading renewable energy technology due to its incentives offered for solar PV projects and also to its advantageous geographic position.

read more... 31/01/2014

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