Latest news
EBRD and IFC purchase stakes in Turkish renewable energy producer
The European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation declared on Thursday they have purchased stakes in Turkey's Akfen Renewable Energy to aid finance its plans to raise renewable energy capacity to 1 gigawatt.
read more... 15/07/2016
Daily: German power spot prices dropped on high wind load
Oil markets decreased by more than 4 percent on Wednesday, cutting most of the previous session's gain, since a raft of bearish U.S. inventory data intensified worries about a global surplus.
read more... 15/07/2016
New 80 MW wind farm comes online in Northern Cape region
New wind farm became operational in the Northern Cape region on July 11, with all 35 turbines at the R1.9-billion 80 MW Noupoort facility connected to the Eskom grid.
read more... 14/07/2016
World Bank will aid International Solar Alliance to mobilize $1 trillion
The World Bank has inked a deal with a group of 121 countries managed by India to collaborate on raising solar energy consumption across the world.
read more... 14/07/2016
Daily: Crude oil prices decline 4% on U.S. pessimistic inventory data feeding glut
Crude oil prices declined over 4 percent on Wednesday, slashing most of the previous session’s gains, as a set of downbeat U.S. stockpiles data spurred fears about a global oversupply. U.S. crude inventories dropped less than expected last week, according to the Energy Information Administration (EIA). Brent crude lost $2.21, or 4.6 percent, to settle at $46.26 a barrel. U.S. crude eased $2.05, or 4.4 percent, to end at $44.75.
read more... 14/07/2016