Oil prices dropped on Thursday as Hurricane Harvey, expected to come ashore as the strongest storm to hit the U.S. mainland in 12 years, threatened oil operations along the energy hub on the U.S. Gulf Coast. Brent crude settled down 53 cents a barrel, or 1 percent, at $52.04. Meanwhile, WTI crude price fell 2% to $47.43 a barrel.
read more... 25/08/2017
By the year 2050, a total of 139 countries could get their energy only from renewable sources such as water, wind and sun.
read more... 25/08/2017
Construction of the German Arkona wind project in the Baltic Sea has started, with the foundation of the wind farm already being laid out on the seabed. The next phase of the development will consist of the installation of 60 monopiles, on top of which the towers, together with the Siemens wind turbines, will be raised.
read more... 24/08/2017
A recent announcement has disclosed plans for the largest wind farm in the world to be constructed in Queensland, Australia.
read more... 24/08/2017
Egypt has received funding for the development of two solar power projects, worth $116 million.
read more... 24/08/2017