Latest news
Verbund and E.ON. ink an asset swap deal
The biggest Austrian energy company Verbund signed a deal with the E.ON. Renewable in Germany to acquire eight German hydro power plants located on the Inn and Danube Rivers.
read more... 05/12/2012
China to reach 42 GW of nuclear power capacity
Zhang Huazhu, the chairman of China Nuclear Energy Association, announced that China will account for 10%, which will correspond to about 42 GW, of the world's installed nuclear capacity, with 41 operating nuclear power plants , by 2015.
read more... 29/11/2012
Spanish renewable energy companies look to South Africa for new opportunities
The Spanish government was forced to suspend their subsidies for renewable energy in January this year, in the attempt to face the current debt crisis. Spain, which is a pioneer in developing renewable energy plants, had come to realize that the subventions were a burden, than assistance. The scheme had already accumulated debts for €24 billion by the end of 2011.
read more... 27/11/2012
Over 1,000 new coal stations to be built worldwide
A study released by World Resources Institute (WRI) shows that more than 1,000 coal-fired power plants are planned to be built worldwide, despite numerous warnings from politicians, scientists and campaigners that carbon emissions could reach unprecedented heights within a few years.
read more... 20/11/2012
Onshore wind farms cost declines by 38 per cent in four years
The cost of operating and maintaining wind farms has plummeted 38 per cent over four years, according to new reports released by the wind industry and government, meaning that the cost is declining by about 11% a year, quickly approaching the cost of running conventional natural gas and coal-fired power plants.
read more... 05/11/2012