Onshore wind developers will invest minimum €2.7 billion in Ireland in the next four years to guarantee that the country meets its 2020 renewable electricity objectives.
read more... 23/03/2016
Siemens is prepared to purchase Spanish-French wind power joint venture Adwen as part of a scheduled fusion of its wind assets with those of Spain's Gamesa, as reported in the Germany's Sueddeutsche Zeitung on Tuesday.
read more... 23/03/2016
British oil and gas services firm Amec Foster Wheeler Plc declared it would sell its Global Power Group division since it exits several of its non-core assets and halve its net debt in the next 15 months.
read more... 11/03/2016
Oil prices closed up at the highest level in more than a month on Wednesday, helping to spur world stock markets, while euro remained flat ahead of this week's European Central Bank meeting. Brent crude jumped $1.42 to settle at $41.07 a barrel, up more than 40 percent from its January lows, while U.S. crude WTI rose $1.79 to close at $38.29.
read more... 10/03/2016
French gas and power utility Engie has inked accords to sell its interests in 13GW of electricity generation capacity.
read more... 29/02/2016