Latest news
LDK Solar registers third-quarter loss
LDK, a Chinese solar panels manufacturer, released its third-quarter financial results, which indicated a higher-than-expected revenue loss because of lower costs for solar energy equipment, factor that weighed substantially on company’s revenue.
read more... 23/11/2011
SunPower to report lower profit in the second-quarter of 2011
SunPower Corp. announced a decrease in revenue in the second the quarter by 147.9 million dollars, compared to a loss of 6.2 million dollars, or 7 cents a share, a year earlier, in the context of low demand across Europe. According to the Chief Executive of SunPower, Tom Wemer, the company will try to raise its profit by developing new projects and cutting manufacturing costs.
read more... 11/08/2011
Gamesa increased its sales in the first half of 2011
Gamesa sold its first MW of capacity in Brazil during the first half of 2011, while its whole sales were made outside Spain. The company’s revenue accounted 1,297 million euros in the first half of the year, with an increase in wind-turbine sales by 29%.
read more... 01/08/2011
Duke Energy asks for a 17 % increase on North Caroline households
Duke Energy Corp. addressed a request to the North Carolina regulators asking to increase power prices for households by 17%, and to 11.5 % for its allowed rate of return on shareholder, a change that would add around 19 dollars to the monthly power bills. This move will increase company’s revenue by 646 million dollars.
read more... 04/07/2011
Gazprom boosts gas export outlook to Europe on higher export volumes
The Russian energy giant, Gazprom has further raised its forecast on 2011 revenues from gas exports to Europe, according to which its expected profit from gas exports will represent $60 billion compared with almost $44 billion in 2010, taking into consideration the higher export volumes, the jump of prices and recovered demand, the Gazprom Deputy CEO Alexander Medvedev said on Monday.
read more... 22/06/2011