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Oil price has exceeded $77

Oil price has recovered, reaching a level higher than $77, after the EU decided to insure themselves against new risks of insolvency, promising that energy demand will tend to increase.

read more... 10/05/2010

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Spanish water reserves to new 12-year highs

According to the Ministry of Environment and Rural Affairs data from Tuesday, hydroelectric reservoirs have risen to the highest levels since 1998, enough to generate 16.671 GWh, having risen 44 GWh since last week.

read more... 05/05/2010

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Oil price fell

Both, the strengthening of U.S. dollar and large U.S. crude and fuel stocks, have influenced the oil price on Tuesday which fell below $86 per barrel, after reaching $87.15 per barrel on Monday, the highest level for the last 19 months, when the price for oil crude reached $89.82, in October 9, 2008.

read more... 04/05/2010

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SunPower will add 40 MW capacity to California Valley Solar Ranch

SunPower agreed with Pacific Gas & Electric (PG&E) to add 40 MW of capacity to Sun Power’s existing contract with PG&E for 210 MW, executed in August 2008, as to develop a 250 MW solar photovoltaic power plant in San Luis Obispo County, CA.

read more... 03/05/2010

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Effects after the drop in oil prices

Oil spill out the early gains just to maintain the level of $86 per barrel on Monday, since Euro zone fiscal matters are in force again, while China’s attempts to calm down its economic upsurge, are accompanied by a short- term uncertainty.

read more... 03/05/2010

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