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A new solar plant in California.

The solar photovoltaic facility will be constructed in three projects that will start this month with a capacity of 45 megawatt and for a total sum of $220 million. This project appears as California regulators voted last week to raise the state’s renewable energy objective to one third by 2020.

read more... 28/09/2010

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Russia and China make a 150 billion dollar deal.

The number one producer of crude makes a deal with the number two consumer worth about $150 billion over the next 20 years. This deal comes as the pipeline ESPO (East Siberia to Pacific Ocean Pipeline) was finished, which has a capacity of 300,000 barrels per day and a length of 925 km.

read more... 28/09/2010

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United Arab Emirates to increase production capacity.

The United Arab Emirates declared that, they currently have a production capacity of 2.7 million barrels per day and are planning to increase the capacity to 3.5 million bpd. As a lot of multinational companies have large stakes in concessions in this country, the UAE relies on these to make it possible.

read more... 23/09/2010

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Alpiq to construct a new block in Bosnia power plant

Elektroprivreda BiH (EPBiH), the state owned company in the energy sector of Bosnia, invited in March a few investors to examine the possibility of building a new block at the coal power plant in Tuzla, of a capacity of 450 MW, in a project worth 1.1 billion USD.

read more... 22/09/2010

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Power capacity in Germany estimated to increase by 1.7% this week

German producers and transmission companies have reported to energy exchange EEX power plant availability set to increase by 1.7%, arriving at 58,780 MW this week, according to the data showed on the bourse on Friday.

read more... 07/09/2010

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