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Germany hits a new solar record

Last month, Germany, home to a vast 1.3million photovoltaic installations and the highest solar capacity in the world, has reached a new solar power generation record registering 5.1 TWh, with over 40% of the country’s electricity being generated by solar power on July.

read more... 23/08/2013

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Israel, Greece and Cyprus signed “historic deal” on electricity cooperation

Israel, Greece and Cyprus signed a memorandum of understanding (MoU) on 7 August in Nicosia on cooperation in the fields of energy and water.

read more... 12/08/2013

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IEA: Coal demand will continue to grow in the next years to come

According to a new report recently released by the International Energy Agency (IEA) coal could become the world's top energy source by 2017 along with oil. The IEA expects an increase in coal demand all over the world except the US, where natural gas is replacing the black mineral as feedstock for the production of electricity.

read more... 09/08/2013

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Spain envisages 2.7 billion euro cuts in subsidies

Spain's government intends to cut subsidies for renewable-energy suppliers and increase electricity bills as part of widespread reforms to its energy policy. The government had announced a series of actions intended at reducing the country’s tariff deficit, which amount to more than 26 billion euro, and has been accumulated as a result of a discrepancy between generating costs and electricity prices for consumers for a long period.

read more... 09/08/2013

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Sweden prefers renewables to nuclear

Recently Sweden's energy minister, Anna-Karin Hatt, has announced that the government will not subsidize new nuclear power plants, favoring renewable investments. Electricity production in Sweden is dominated by nuclear power and renewables, which currently make about equal contributions to energy production- about 40%.

read more... 07/08/2013

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