Latest news
EIB to finance Enel Green Power projects in Romania
The European Investment Bank (EIB) would lend to Enel Green Power 200 million euros to cover in some measure investments for some wind farms in the Banat and Dobrogea regions of Romania. The 15-year loan will partially cover investments in EGP’s wind power projects, and has a pre-repayment grace period of up to two and a half years.
read more... 09/12/2013
UK to stop funding coal- fired power plants overseas
Ed Davey, Britain's energy secretary, has announced on Wednesday that the UK, as the US, would stop funding coal projects in developing countries. The objective is to cut greenhouse gas emissions and to encourage low-carbon development. The announcement was made at United Nations climate talks in Warsaw where the fossil fuels have been at the centre of a storm. About 90% of the Poland's electricity comes from coal, and the government has been resistant to EU calls to strengthen emissions reduction targets.
read more... 21/11/2013
Siemens inks 582 MW deal for offshore wind projects in German North Sea
German industrial conglomerate Siemens AG has won an order from Danish Dong Energy to supply wind turbines for two offshore wind power plants in the German North Sea.
read more... 19/11/2013
Russia launched its first renewables tender to spur green energy generation
Russia, being an oil and gas giant, has launched its first renewable energy tender, auctioning about 500MW in capacity, mostly to solar projects.
read more... 31/10/2013
South Stream pipeline project - one of the most ambitious infrastructure projects
Russia is currently one of the most important commercial energy partners for Europe, and has always represented a certain and constant supply of gas for many European countries. At present, an important project combines the interests of both Russia and Europe- the South Stream project. Officially, the South Stream is a method for Russia to improve the reliability of its gas supplies to Europe, its largest export market. It will reach this objective by redirecting Russian gas supplies to Europe.
read more... 30/10/2013