China Wind Power Group Ltd and CNNC Rich Energy have signed a strategic cooperation to invest in wind and solar energy projects with a target of some 700 MW by 2015. The two companies will jointly finance and develop 100 MW of renewable energy projects in 2013, a mix of solar and wind, and are targeting 200 MW of solar and 500 MW of wind projects in the next two years.
read more... 16/04/2013
Austrian OMV has acquired shares in the Nabucco West gas pipeline project from German RWE on 14 April. Both RWE and OMV have confirmed the deal but they didn’t provide any other information.
read more... 15/04/2013
Russian President Vladimir Putin has ordered energy gain Gazprom to return working on a plan to build a second branch for natural gas pipeline from the Yamal region to Europe.
read more... 05/04/2013
Vestas Wind Systems A/S, the Danish manufacturer of wind turbines, has inked a contract to supply wind turbines to the Botievo II project in Ukraine from energy firm DTEK.
read more... 04/04/2013
Romanian energy market regulator ANRE, has announced on Friday, that Romanian government will cut its support for renewable energy, in particular for wind, solar and small hydro renewable energy projects. Romania's support scheme gives renewable power producers green certificates for each megawatt produced. Providers must get a rising percentage of the power they sell from renewable energy and buy certificates to meet these goals.
read more... 02/04/2013