Latest news
Danish wind group Vestas secures service contract extension with ScottishPower Renewables
Vestas, the world leader in wind energy, has secured a two-year service agreement contract from ScottishPower Renewables for five wind power plants in Scotland. The plants would have a total capacity of 120MW and 162 of Vestas’s V47 and V52 wind turbines. The two-year contract extension includes an option for a third year.
read more... 26/12/2013
RWE won’t extend contracts with two coal-fired power plants
Yearly, this year, RWE announced it intends to mothball or to shutdown some of its gas and coal-fired power stations because of an increase in renewable energy. The company said a boom in solar energy meant many of its power stations were no longer profitable. A RWE spokesman said that a total of 3,100 megawatts of generating capacity will be taken off line, representing about 6% of RWE's total capacity.
read more... 24/12/2013
Daily: European spot power prices drop ahead of Christmas holiday
Crude oil prices hit a three-month high on Friday, backed by spread trading and supply worries. Brent crude rose $1.48 to settle at $111.77 a barrel. Meanwhile, U.S. oil rose 28 cents at $99.32 a barrel.
read more... 23/12/2013
Spain to increase electricity bills by 10.5 % in January
Spanish electricity bills are expected to climb by at least 10.5 percent in January, after a new benchmark price for power being set in an auction, representing a major blow for already cash-strapped consumers.
read more... 20/12/2013
First Solar set to power four new solar energy plants in France
First Solar, the global provider of PV solar systems, will supply with its modules four solar energy plants in France for a total combined PV capacity of 48 MW. The projects will be developed by the independent renewable energy producer Photosol of Paris, France. Three of the plants, with a combined 37 MW share of the total, will be located in the Auvergne and Midi-Pyrenees regions, while the fourth, an 11 MW capacity installation, will be located in Sarrazac.
read more... 19/12/2013