Latest news
Lindsey refinery acquisition
Oil Refinery Petroplus, based in Switzerland, has submitted a proposal to buy Total’s refinery Lindsey in the UK. In order to reduce its total production capacity of oil, Total, the largest oil company in France, intends sell its 223 000 barrels per day Lindsey refinery. This event was rather unexpected news.
read more... 23/04/2010
REpower to deliver wind turbines of latest generation in Turkey
Geycek wind farm in Kirsehir province East of Ankara, the largest wind farm of REpower in Europe, will get from REpower 44 wind turbines of 3.XM series, with an evaluated power of 3.37 MW each and a hub height of 80 meters, following the deal between REpower Systems AG (WKN 617703) and Al Yel Elektrik, a subsidiary of Akuo Energy SAS.
read more... 23/04/2010
Endesa initiates sale of Spanish gas network
Endesa has started the process of selling Spain’s gas distribution and transport network. This deal is estimated at about 760 million euros (1.02 billion U.S. dollars).
read more... 22/04/2010
Enel in negociations with Bulgarian minister – power plant sale
The largest plant in Italy, Enel, is in negotiations with a European investor, on the sale of its stake held in a thermal power plant in Bulgaria, a share that reaches 73% in plant based on coal processing, with a capacity of 908 MW. Remaining shares are owned by the Bulgarian government.
read more... 21/04/2010
Global solar installations expected to reach 11 GW in 2010
Barclays Capital analyst, Vishal Shah, has recently raised his forecasts for global solar installations for 2010, to 11 GW. In 2009, solar installations reached 7.2 GW, by 21 percent more from the previous year.
read more... 21/04/2010