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U.S. Renewables Group targets a fund for renewable energy projects in China

U.S. Renewables Group, which has various investments in renewable energies across North America, plans to raise a fund of up to 2 billion Yuan (293 million USD) for renewable energy projects in China.

read more... 13/05/2010

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Russia and Turkey agreed on nuclear power plant deal

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

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Gazprom: exports to European states up

Russia Federation had massively exported gas to several European countries, through its giant gas company Gazprom, to appease the fears about losing market share to its existing rivals.

read more... 12/05/2010

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Solar electricity could reach 22 percent of global power supply by 2050

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

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RWE Innogy to use offshore wind area on German port

RWE Innogy has concluded an arrangement with Eurogate Container Terminal Bremerhaven on use of sites in the Bremerhaven container port, with the purpose of building its offshore Nordsee Ost wind farm.

read more... 11/05/2010

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