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Dong and ScottishPower Renewables sell transmission assets in an UK offshore wind farm

DONG Energy and ScottishPower Renewables on Thursday vended transmission assets in an offshore UK wind farm estimated at 269 million pounds to a conglomerate of Macquarie Corporate Holdings and 3i Infrastructure, as mentioned in a statement.

read more... 21/08/2015

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Five companies will construct coal power plants in Fukushima

Five companies have joined forces to construct two 540MW coal-fired power plants in Fukushima.

read more... 21/08/2015

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Israeli company collected $2 million funds to construct a pipeline

An Israeli wave energy company has collected $2 million (£1.3m) of funds to construct a pipeline. It comes after the firm’s ‘Second Generation’ electricity station which was installed last month at Jaffa Port, Israel.

read more... 20/08/2015

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Global solar PV installations revenue set to exceed $151 bln by 2024

Global annual return from solar PV installations is likely to surpass $151 billion in 2024, as concluded by a new report performed by Navigant Research.

read more... 20/08/2015

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Daily: WTI crude plunges to six-and-half-year low on unexpected stockpiles hike

WTI crude oil decreased more than 4 percent on Wednesday to reach a 6-1/2-year low and almost break below $40 per barrel, dragged down by a massive unexpected inventories hike in the United States which intensified worries about growing global oversupply. U.S. front-month futures contract, which expires on Thursday, declined $1.82, or 4.3 percent, to settle at $40.80 a barrel. It fell as low as $40.46 during the session, its lowest level since March 2009. The front-month in Brent, the global benchmark for oil, lost $1.65, or 3.4 percent, at $47.16 a barrel. It continued to slip to $2 in post-settlement trade.

read more... 20/08/2015

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