Vattenfall stated on Tuesday it was closing research and development in carbon capture for coal power and reduce it in domains such as offshore wind power in a move that would cut over 40 jobs across the state-owned energy group.
read more... 07/05/2014
Brent crude oil dropped by more than $1 a barrel on Monday, dragged down by news that China’s manufacturing sector contracted for the fourth successive month in April and oil output in Libya was rebounding.
read more... 06/05/2014
Siemens, the German multinational engineering and electronics conglomerate, has been awarded a contract by Spain-based Cobra Energia to supply 97MW of onshore wind turbines to the Tres Hermanas wind project in Peru. The new wind plant is the second project that Spanish developer Cobra is performing with Siemens in Peru.
read more... 06/05/2014
The Conservative party in Britain promised to eliminate government subsidies for onshore wind farms in case it will be the winner of the national election next year, raising insecurity concerns for investors in renewable energy.
read more... 25/04/2014
EDF had inaugurated its West Burton combined cycle gas turbine power station and its Teesside offshore wind farm in Britain, according to company’s declaration.
read more... 17/04/2014