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China unveils tariffs cuts for solar, wind power from January 2016

China will slash tariffs for wind and solar electricity generators, unveiled the Chinese National Development and Reform Commission (NDRC), blaming recent declines in operating costs.

read more... 29/12/2015

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Daily: Brent crude near 11 year-low as supply glut concerns come back

Crude oil prices declined over 3% on Monday, with Brent nearing 11-year lows again as oversupply worries returned. Brent declined $1.27 to close at $36.62 a barrel, after slipping to a session low of $36.52. It hit $35.98 on Tuesday, its weakest level since 2004. WTI ended the session down $1.29 at $36.81, after an intraday low at $36.66.

read more... 29/12/2015

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Russia will construct more nuclear units in India

India has inked cooperation agreements with Russia in different fields comprising nuclear energy and solar power.

read more... 29/12/2015

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1.2 GW onshore wind should be installed in 2016

Onshore wind developers are likely to install minimum 1.2GW of new capacity in 2016.

read more... 29/12/2015

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Gazprom put into operation two combined cycle gas turbine units at home

Gazprom has put into operation two combined cycle gas turbine units (CCGT-420) in Russia, one at CHPP-20 power plant in Moscow and another at Serov SDPP power plant in Sverdlovsk region.

read more... 28/12/2015

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