Austrian utility EVN is going to buy 30.1% of Turkish CCG share in a Bulgarian hydropower project for an unknown sum.
read more... 17/05/2010
On Wednesday, Russia has signed a nuclear power plant project with Turkey amounting $20 billion, in order to establish a strong partnership after two Cold War-era rivals. Russia will be responsible for this project by owning a controlling stake.
read more... 13/05/2010
According to the International Energy Agency(IEA), solar electricity could provide up to a quarter of the world's power by 2050, thus cutting greenhouse gas emissions by almost 6 billion tonnes and reducing the dependence on fossil fuels, though government support is imperative in the next decade.
read more... 12/05/2010
Elia, Belgian power grid operator, and its Australian partner, agreed with EU regulatory clearance concerning Vattenfall acquisition, a Swedish power company and a German high-voltage grid.
read more... 11/05/2010
On Tuesday, wind parks of Spain, the fourth largest in the world, hit a fresh daily generation high, representing 40 percent of the national power demand, according to the grid operator REE.
read more... 07/05/2010