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Saras and Rosneft to form a joint venture for trading and processing crude oil

Saras SpA, one of Italy's biggest oil refiners by capacity, and Russia's largest crude producer Rosneft will form a joint venture for the trading and processing of crude oil and the selling of petroleum products.

read more... 19/12/2012

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U.S: Solar PV industry installs 684 MW in the third quarter of 2012

According to the Solar Energy Industries Association, about 684 MW of solar PV capacity was installed in the third quarter of 2012, up 44% in comparison to the same period of 2011. In the first 10 months of 2012 solar alone increased by 133%, with total U.S. solar PV power capacity amounting now over 5900 MW, with 1.2 gigawatts of solar photovoltaics installed, bringing 2012 installations to 3.2 gigawatts, enough to supply with power about 1 million households.

read more... 13/12/2012

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China boosts its solar subsidies in 2012, soaring Chinese solar stocks

China has boosted subsidies for its solar industry by 7 billion yuan ($1.1 billion) in 2012 to a total of 13 billion yuan, the government said on Wednesday, move aimed to help manufacturers crippled by excess capacity and fading foreign demand.

read more... 13/12/2012

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The European investment Bank to provide a 155 million euro loan to Bord Gàis

The European Investment Bank (EIB) has granted a 155 million euro loan to Irish energy company, Bord Gàis, to support the construction of six onshore wind farms, in Counties Tipperary, Clare and Kilkenny, with a total combined capacity of 141 MW.

read more... 05/12/2012

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Germany sets new legislation to avoid electricity blackouts

The German parliament adopted a law aimed to curb blackouts by easing 3 GW of capacity, as the country’s costly nuclear phase-out and fluctuating renewable are threatening its power grid.

read more... 04/12/2012

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