The European Investment Bank has decided to grant a loan of about 500 million euro aiming to help finance upgrades to seven of France's high-voltage and very-high-voltage power grid projects through 2016, the funds will help guarantee the quality and security of France's electricity supply, and would allow the country to add new-generation and renewable sources to its grid counting also a major investment in renewable energy sources.
read more... 22/03/2013
German utility E.ON has fully converted from coal to biomass its Ironbridge power plant in Britain.
read more... 22/03/2013
China, set to become the world’s biggest solar market, is facing a restructuration of its subsidies system, envisaging supporting smaller projects rather than large-scale ones in an effort to encourage new facility developments in areas with chronic power shortage issues, according to an industry official.
read more... 22/03/2013
The French energy major EDF got green light from UK’s energy secretary on Tuesday to build the nation’s first new nuclear power station at in Somerset in almost 20 years.
read more... 21/03/2013
ScottishPower has closed the 45 year old coal-fired power station at Cockenzie in Scotland, as it wants to convert the plant to burn gas, rather than coal. It was the largest power station in Scotland and powered about 1 million households every year generating more than 150 TWh of electricity.
read more... 19/03/2013