Brent crude continued to rise by more than $1 per barrel on Friday to over $110 per barrel, backed by strong U.S. jobs data and Middle East supply worries, while U.S. crude oil futures increased by 42 on Friday to settle at $93.45 a barrel.
read more... 18/03/2013
The U.S. installed 16 million of solar panels in 2012, adding 3.3 GW and representing a 76% annual growth, a tenth of the world market, according to the Solar Energy Industries Association (SEIA). The panels installed last year will generate about the same amount of electricity over a year as a medium-sized coal plant, enough to power 400,000 U.S. homes.
read more... 18/03/2013
The largest concentrated solar power plant (CSP) in operation in the world was inaugurated last week at Abu Dhabi, by the UAE president, Sheikh Khalifa bin Zayed Al-Nahyan. Abu Dhabi, which is one of the world's largest power consumers per capita, hopes that renewable energy will eventually help it meet 7% of its consumption by 2020 even as its economy develops.
read more... 18/03/2013
Brent crude futures increased above $109 a barrel on Friday on positive U.S. jobs data which raised hopes of a better outlook for demand in the world's top oil consumer, while increased concerns over supply from the Middle East added support.
read more... 15/03/2013
China revealed on March 12 its plans to increase installed nuclear power capacity by 20 percent in 2013, declaring the country is developing nuclear power in a safe and efficient way, a senior energy executive has said.
read more... 14/03/2013