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Vestas obtains 50 MW wind farm order in Uruguay

Vestas has been granted a contract to supply 50MW of turbines for a wind project in Uruguay.

read more... 26/08/2015

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Russia’s Novatek will vend 10% of Yamal LNG to Chinese fund

Russia's second-largest gas producer Novatek is on the brink of selling a 9.9 percent stake estimated at approximately $1.4 billion in its Yamal liquefied natural gas (LNG) project to a Chinese investment fund, as stated in the Kommersant business daily on Monday.

read more... 26/08/2015

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Daily: German power price under 30 EUR/MWh for first time since 2003

Crude oil markets recovered more than a percent on Tuesday after a sharp decline in the previous session, even though prices maintained near 6-1/2-year lows since persistent weakness in Chinese equities generated worries of an economic fall in the region.

read more... 25/08/2015

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German utilities intend to shut down 10 more power stations

German utilities have submitted requests to shut down 10 more power stations, or 2.34 gigawatt of capacity, as indicated by statistics from the network regulator, a result of record-low wholesale electricity prices hitting profits.

read more... 25/08/2015

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France: size of solar tender will double after strong bidding

France will double its share of solar electricity capacity since it continues to look at reducing its dependency on nuclear power.

read more... 25/08/2015

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