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French Engie considers potential closure of its Hazelwood coal-fired power plant in Australia

French utility Engie, the operator of giant Hazelwood coal-fired power plant in Australia, mulls closing or sale of the unity, but the state government insists "no decision has been made".

read more... 26/05/2016

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China inks a deal with Sudan to build African nation's first nuclear power plant

China National Nuclear Corporation (CNNC) and Sudan have inked a framework agreement for the construction of the first nuclear power plant in the east African country, aimed to cover the increasing power demand.

read more... 26/05/2016

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Daily: European spot power prices fell on holiday, forwards gain support from higher fuel prices

Crude oil prices boosted about 2 percent on Wednesday after the U.S. government unveiled a bigger-than-expected fall in crude stockpiles, but profit-taking after the data release kept prices below the $50 a barrel level. Brent crude rose by $1.13, or 2.3 percent, to settle at $49.74 a barrel. Prices jumped as high as $49.96 in post-settlement trading. U.S. crude's West Texas Intermediate (WTI) increased 94 cents to settle at $49.56, after hitting a seven-month high at $49.62.

read more... 26/05/2016

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Trianel acquires wind farm in Bavaria

Trianel has purchased a 19.2MW wind farm in Bavaria as part of plans to raise its German green energy portfolio.

read more... 25/05/2016

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G7 called to stop financing coal projects

Environmental groups pressed Group of Seven (G7) nations led by Japan and Germany to halt financing coal projects abroad, which provided $42 billion since 2007.

read more... 25/05/2016

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