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World Bank will aid International Solar Alliance to mobilize $1 trillion

The World Bank has inked a deal with a group of 121 countries managed by India to collaborate on raising solar energy consumption across the world.

read more... 14/07/2016

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Daily: Crude oil prices decline 4% on U.S. pessimistic inventory data feeding glut

Crude oil prices declined over 4 percent on Wednesday, slashing most of the previous session’s gains, as a set of downbeat U.S. stockpiles data spurred fears about a global oversupply. U.S. crude inventories dropped less than expected last week, according to the Energy Information Administration (EIA). Brent crude lost $2.21, or 4.6 percent, to settle at $46.26 a barrel. U.S. crude eased $2.05, or 4.4 percent, to end at $44.75.

read more... 14/07/2016

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CCS market estimated at $31.7 billion by 2021

The carbon capture and storage (CCS) market is likely to attain $31.7 billion (£24bn) in the next five years.

read more... 14/07/2016

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Enertis joins Blue Tree Asset Management to drive growth

Engineering firm Enertis has purchased a stake in Blue Tree Asset Management to take part in its plans to run 1GW of green energy plants within three years.

read more... 13/07/2016

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Daily: European spot power prices climb on weak wind supply outlook

Crude oil prices hiked 5 percent on Tuesday, the largest daily gain since April, as investors’ covering of short positions and a technical recovery helped to rebound the market from two-month lows. U.S. crude's West Texas Intermediate (WTI) futures rose $2.04, or 4.6 percent, to settle at $46.80 a barrel. Brent crude futures increased $2.22, or 4.8 percent, to close at $48.47.

read more... 13/07/2016

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