Latest news
Petronas sells 25% stake in an LNG project
Malaysia-based Petronas has concluded the vending of a 25% equity stake in its Pacific North West LNG project in British Columbia, according to the statement made on Tuesday by Shamsul Azhar Abbas, the Group’s CEO.
read more... 26/02/2014
SunEdison keeps 127 MW of solar power regardless of revenue loss
The total revenue published by SunEdison for the fourth quarter of 2013 attained $551.2 million, or a decline of 8% year-over-year, according to Reuters. The decrease in profits of the semiconductor and solar technology company is primarily attributable to the fact that the firm had chosen to retain 127 megawatts of solar projects rather than to vend them.
read more... 24/02/2014
EBRD is financing a new wind farm project in Poland
The European Bank for Reconstruction and Development (EBRD) is financing the construction and operation of phase 1 of a new wind farm project in Orla, eastern Poland. The EBRD supports the 37.5MW wind farm project with an investment loan of up to 22 million euros.
read more... 12/02/2014
India to build the world’s most powerful solar plant
India intends to build the world’s biggest solar power plant which is expected to be able to generate something like 6.4 billion kilowatt-hours per year. Once the project will obtain the go ahead, the solar array would cover an area larger than Manhattan and could be capable of producing 4,000 megawatts of electricity, which corresponds to that of four full-size nuclear reactors.
read more... 11/02/2014
UK could be the home of world's largest tidal lagoon energy project in Swansea Bay
UK envisages building the world's largest tidal lagoon energy project in Swansea Bay, south Wales.
read more... 10/02/2014