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UK to put nuclear on the same footing with renewable energy after 2020

The UK government aims to put nuclear power on the same footing with renewable energy, move that could bring a huge blow for the renewable industry.

read more... 13/03/2012

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1 billion dollars hydro project deal

The Government of Cameroon and Joule Africa had inked a memorandum of understanding for the development of a hydroelectric project worth 1 billion dollars in Cameroon.

read more... 12/03/2012

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Enel to cut costs in order to reduce debt

Enel plans cuts in its dividend payouts and investments over the next five years in order to diminish its debt and keep its credit rating. Mentioning over the share price fall, Fulvio Conti, the chief executive announced the 2012-16 business plan which establishes lower expected growth targets amid a cloudy outlook for Italy and Spain which was needed to clear the situation.

read more... 09/03/2012

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Nuclear energy agreement between UK and France

A joint agreement aimed to develop civil nuclear projects was firmed between the UK Prime Minister David Cameron and the French President Nicolas Sarkozy. This agreement is substantive forasmuch the British government plans to build a diversified energy mix.

read more... 08/03/2012

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Npower reveals a 34% profit jump on higher energy bills

One of the “Big-six” energy suppliers Npower has recently revealed a 34% increase in its annual profits on higher energy bills.

read more... 07/03/2012

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