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Gamesa increased its sales in the first half of 2011

Gamesa sold its first MW of capacity in Brazil during the first half of 2011, while its whole sales were made outside Spain. The company’s revenue accounted 1,297 million euros in the first half of the year, with an increase in wind-turbine sales by 29%.

read more... 01/08/2011

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Total and Eni Q2 profits hit by weaker US dollar and Lybian disruptions

The French and Italian oil giants, Total SA and Eni SpA reported on Friday lower quaterly earnings, despite higher prices for oil, blaming unfavourable exchange rates, a dollar weakness and production losses following war disruptions in Libya which closed some oil fields.

read more... 01/08/2011

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Bulgaria expects Russia to abandon court battle against NEK

The Bulgarian government expects that Russia will withdraw its 58 million euro claim at an arbitration court over delayed payments against Bulgaria’s state-owned nuclear power firm NEK.

read more... 01/08/2011

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Eolia Renovables to receive $218 million for three Spanish wind farms

Eolia Renovables de Inversion SCR SA, a renewable energy company will get 153.3 million euros ($218 million), funds directed for the construction of three wind parks, that will be located in the Northeastern part of Catalonia, Spain.

read more... 29/07/2011

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Preparatory works for Hinkley C nuclear plant are approved

The preparatory works for the construction of Hincley C nuclear power plant for more than 20 years were approved to begin, after the West Somerset District Council voted in favor of the application, despite strong protests from opponents fearing that it will destroy the coastline.

read more... 29/07/2011

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