Spanish wind turbine manufacturer Gamesa increased on Thursday for the second time in a year its 2016 sales and earnings targets, after reporting a 63 percent rise in net profit in the first nine months encouraged by a robust order book from emerging markets.
read more... 11/11/2016
First Utility, one of Britain's largest independent energy providers, declared on Thursday it anticipates the government to interfere in the country's power market to maintain a cap on increasing bills.
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Crude oil prices declined over 1 percent on Thursday as the markets digested the shock over U.S. President-elect Donald Trump's victory and focused on supply glut concerns. Brent crude lost 54 cents, or 1.1 percent, to settle at $45.84 a barrel. U.S. West Texas Intermediate crude fell 61 cents, or 1.4 percent to end at $44.66. The Organization of the Petroleum Exporting Countries (OPEC) meets in Vienna on November 30 for talks on output reduction.
read more... 11/11/2016
Vattenfall has won a tender to build Danish Kriegers Flak, a 600 MW offshore wind farm in the Baltic Sea, with a record low bid of EUR 49.9 per MWh, bringing down the costs for renewable energy.
read more... 10/11/2016
Polish state-controlled gas company PGNiG declared that an EU decision to permit Gazprom more access to Germany's Opal gas pipeline was very negative for central and eastern Europe and threatened to take legal action against the move.
read more... 10/11/2016