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Daily – Societe Generale lowered carbon price forecasts on over-supply in the market

Societe Generale announced on Tuesday to have reduced its price forecasts for European Union and U.N. carbon emissions permits from 2011 to 2015, due to over-supply in the market and less hedging by utilities, following other carbon analysts who have lowered their price forecasts earlier this month on the back of a slowing EU economy undermining demand for EU Allowances (EUAs) permits. Benchmark 2011 EUAs traded at around 11.90 euros a tonne on Tuesday.

read more... 13/09/2011


Siemens to supply 15 PV plants

Siemens Energy has received an order for the turnkey building of 15 photovoltaic plants. The client is Sun Development, a specialized energy company in PV plants.

read more... 08/09/2011


First Solar inked important agreement for 100MW modules supply

First Solar has inked an important agreement with Reliance Power and Jaisalmer, Indian solar project. Under the new agreement, First Solar will deliver 40 MW of thin film solar modules to Reliance Power by the end of the current year, while the rest 60 MW in 2012.

read more... 07/09/2011


Greece renegotiates lower gas prices with Gazprom

The public gas supply corporation of Greece, called DEPA, has successfully renegotiated the long- term supply contracts with the Russian energy giant, Gazprom.

read more... 01/09/2011


Pattern to sign four new agreements with OPA

Pattern Energy Group LP and Samsung Renewable Energy announced the signing of four new agreements with the Ontario Power Authority (OPA) for purchasing power under which the companies are obliged to provide 870 MW of green power from wind projects to OPA, enough to supply power for over 300,000 homes yearly.

read more... 05/08/2011