Latest news
Germany to boost its renewable share by 2022
After the German Government decided to completely shut down its nuclear power by 2022, the renewable energy became a more and more inquired energy source and attractive sector for investments. According to the European Wind Energy Association, Germany plans to add 1,800 MW of new wind power capacity during this year, 16% more as compared to 2010 with 1,551 MW.
read more... 03/08/2011
California to boost investments in rooftop power
The California’s Governor, Jerry Brown met solar developers, economists, policymakers and politicians as to discuss over the future strategy of the renewable industry by investing more in rooftop solar panels.
read more... 27/07/2011
EBRD and EIB to allocate $308 million for Ukraine’s gas transport system reconstruction
The European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) have signed a memorandum of understanding with Ukraine's national oil and gas company, NAK NaftoGaz, to allocate $308 million for the modernization of its obsolete gas transportation system.
read more... 25/07/2011
Total to invest in Arctic gas terminal production
The French super major Total and Russia will jointly participate in the construction of an Arctic Sea terminal in Russia’s Yamal Peninsula, an investment estimated at 38 billion of dollars.
read more... 22/07/2011
German investors await British nuclear decision
German energy companies such as, EON and RWE, wait for a final political decision as to know how to proceed with its future investments into the construction of nuclear power plants in the UK. Meanwhile, German newspapers cited that the two German companies see the plans development costs as too high, expecting to invest 16 billion euros.
read more... 06/07/2011