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Offshore wind industry hastens to reduce costs since subsidies decline

As European governments begin to reduce offshore renewable electricity subsidies, utilities, wind turbine manufacturers and installers are aiming to decrease costs to aid the industry survive.

read more... 17/11/2014

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Daily: European power prices jump on colder weather forecasts, weak renewable supply

Brent crude boosted almost $2 a barrel on Friday for its sharpest daily gain in three weeks as a support came a day after prices plunged to four-year lows below $80. Brent's new front-month contract, for January delivery, settled at $79.41 from Thursday's $77.49. U.S. crude's front-month increased by $1.61 to close at $75.82 a barrel, after a four-year low at $73.25 and session high of $76.30.

read more... 17/11/2014

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Spain’s Cepsa-managed conglomerate suggests takeover of Salamander Energy

A consortium run by Spain's Compania Espanola de Petroleos (CEPSA) has suggested a takeover of London-listed oil explorer Salamander Energy.

read more... 17/11/2014

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Alstom wins a $430 million contract from Mexico City to modernize trains

French engineering consortium Alstom SA has been awarded a contract of 5.812 billion peso ($429.4 million) to modernize 85 trains utilized in the Mexico City metro system, as stated by the government of the Mexican capital.

read more... 17/11/2014

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Nordex increases sales predictions on higher wind turbine demand

Germany's Nordex raised its sales anticipations for the second time this year, encouraged by strong demand for its wind turbines in the United States and Europe.

read more... 14/11/2014

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