Bosnia’s 300 MW coal-fired power plant Ugljevik had inked a 79 million euro ($87.6 million) deal with a consortium led by Mitsubishi Hitachi Power Systems, a joint venture including Mitsubishi Heavy Industries and Hitachi, on the installment of desulfurization equipment at its power plant.
read more... 13/07/2016
Nine of the largest offshore wind developers in Europe: DONG Energy, EnBW, E.ON, Iberdrola, RWE, SSE, Statkraft, Statoil and Vattenfall have joined forces with independent company Carbon Trust to work on collaborative research, development and demonstration (RD&D) programme - the Offshore Wind Accelerator (OWA) in order to slash the levelised cost of energy from offshore wind, improve efficiency and availability of existing and future offshore wind farms.
read more... 12/07/2016
State-owned French energy giant EDF on Tuesday acquired a majority 80 percent stake in Hong Kong-based Chinese firm UPC Asia Wind Management (AWM), growing its presence on the Chinese renewable energy market.
read more... 12/07/2016
A French government advisory committee suggested that France should up its taxes on coal-fired power plants as alternative options for France to phase out coal in favor of gas in order to reduce carbon emissions.
read more... 12/07/2016
Crude oil prices plunged at their lowest level in two months on Monday after a study unveiled that crude oil output from the Organization of the Petroleum Exporting Countries has attained the highest level since August 2008 at 32.73 million barrels a day. West Texas Intermediate crude for August delivery lost 65 cents, or 1.4%, to settle at $44.76 a barrel on the New York Mercantile Exchange.The global benchmark Brent crude for September delivery declined 51 cents, or 1.1%, to end at $46.25 a barrel on the ICE Futures exchange in London.
read more... 12/07/2016