India intends to build the world’s biggest solar power plant which is expected to be able to generate something like 6.4 billion kilowatt-hours per year. Once the project will obtain the go ahead, the solar array would cover an area larger than Manhattan and could be capable of producing 4,000 megawatts of electricity, which corresponds to that of four full-size nuclear reactors.
read more... 11/02/2014
A consortium of Italian companies is eyeing developing a liquefied natural gas (LNG) terminal in northeastern Italy, move which will help to decrease their energy costs.
read more... 11/02/2014
Brent crude oil declined by nearly $1 per barrel on Monday, dragged down by tumbling heating oil prices following the end of an intense cold winter that backed oil prices and higher supplies from Libya and the North Sea.
read more... 11/02/2014
According to a new report by EuPD Research this year Germany will install about 2.8GW of new PV capacity, with small PV installations under 10kWp becoming even more important for the German PV market, despite the government’s intention to cut considerably renewable energy incentives.
read more... 10/02/2014
Looking at the whole U.S. energy picture, which includes natural gas, coal, nuclear, crude oil and renewables, the country is close to being self-sufficient. As a result of the hydraulic fracturing and horizontal drilling, the U.S. is set to become the world’s largest oil and natural gas producer. The American energy boom is also drastically reducing oil and gas imports at a time when much of the world is becoming more reliant on energy imports.
read more... 10/02/2014