Latest news
Euro loses on economic concerns, Yen gains as backup currency
Concerns about European manufacturing drove euro down versus the Japanese yen which gained against almost all currency major currencies. The yen also gained against US dollar, as home sales in USA are showing pessimist data, investors fearing another recession.
read more... 24/06/2010
ENBW will invest over $3 billion euro in Turkish energy sector
German power utility ENBW, the third main energy supplier, is ready to invest together with its Turkish partner, Borusan Group, 3-3.5 billion euros in Turkish energy sector.
read more... 07/06/2010
Strong growth of geothermal energy production in USA
US geothermal energy rose 26 percent in 2009, according to Geothermal Energy Association (GEA) report, updated April 2009, with 188 projects in progress in 15 states, which could generate 7,875 MW of electricity.
read more... 15/04/2010
USA showed more than 10% of renewable energy from total energy production in 2009
According to EIA (Energy Information Administration), renewable energy increased by 5.5 percent in 2009 as compared to 2008, and by 16 percent from 2007.
read more... 07/04/2010