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Oil production of five main international oil companies decreased 25% since 2004

Crude oil production of Exxon, BP, Shell, Chevron and Total has fallen by 25.8% over the past twelve years, after beating an historic high in 2004 when total combined crude production reached 10.76 million barrels a day. The production has fallen despite huge growth in their investments, allowed by the significant increase in crude oil prices practiced since late 2000.

read more... 22/04/2013

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Italy now boasts 16.7 GW of grid-connected PV power

Stating to the Italian energy agency Gestore dei Servizi Energetici SpA, Italy’s total solar PV installed capacity reached 16.7GW. As of the end of March, Italy has registered 214 MW of new PV capacity, with the annual cost of the Italian Conto Energia PV incentive programs that stood at €6.6 billion.

read more... 19/04/2013

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AWEA: 2012- A record year for the American Wind Industry

American Wind Energy Association has recently announced that US wind power increased 28% in 2012, bringing its total capacity to over 60 GW, 13 GW of which was added last year.

read more... 18/04/2013

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Italy: Renewable energy accounts for 28% of electricity consumption

Currently 27 municipalities in Italy are 100% green, representing the best example of innovation in energy and the environment. In 2012, clean sources covered 28.2% of electricity consumption and 13% of the total energy.

read more... 04/04/2013

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Mitsubishi,INCJ and Solar Venture acquired a photovoltaic project portfolio in Italy

Mitsubishi Corporation (MC), Innovation Network Corporation of Japan (INCJ) and Solar Ventures have acquired 100% of Solar Holding, a company holding a total of 42 MWp of PV plants under operation in Italy.

read more... 21/03/2013

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