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GE to build world’s largest commercial-scale biomass facility in Belgium

GE was selected by Mechelen-based Belgian Eco Energy (BEE) to build a 215MW biomass-fired power plant in Ghent, Belgium.

read more... 29/02/2016

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Daily: European prompt power prices down, while forwards up on stronger fuel prices

Crude oil tumbled on Friday as investors took big weekly profits after a hike driven by disruption to crude supplies and gains on Wall Street from U.S. economic data. Brent crude eased 19 cents to settle at $35.10. It attained a high of $37 earlier, the highest since January 5. U.S. crude fell 29 cents at $32.78 a barrel, after raising almost $1.70 earlier.

read more... 29/02/2016

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Eni cuts investment after substantial fourth-quarter loss

Italian oil producer Eni declared it will slash investments by 20 percent this year and accelerate lower-cost projects after impairments because of weak oil prices resulted in a substantial fourth-quarter loss.

read more... 29/02/2016

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German Nordex posted bigger-than-expected sales in 2015 amid strong demand

German wind turbine supplier Nordex SE registered higher-than-expected sales for 2015, spurred by robust demand for its wind turbines in its core market Europe.

read more... 26/02/2016

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Finland to grant $88 mln investment aid for renewables projects

Finland’s government plans to allocate 80 million euros ($88 million) in aid to biofuel and new energy technology projects to meet its climate goals by 2030.

read more... 26/02/2016

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