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EIB to finance Enel Green Power projects in Romania

The European Investment Bank (EIB) would lend to Enel Green Power 200 million euros to cover in some measure investments for some wind farms in the Banat and Dobrogea regions of Romania. The 15-year loan will partially cover investments in EGP’s wind power projects, and has a pre-repayment grace period of up to two and a half years.

read more... 09/12/2013

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Daily: German spot power prices sag on hurricane-force winds in northern Europe

Brent crude oil futures dropped, while U.S. crude oil futures climbed for a fifth consecutive session on Thursday, narrowing the spread between the two benchmarks contracts to a two-week low as optimistic U.S. economic data suggested an increase of demand for oil in the world's largest consumer.

read more... 06/12/2013

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Bulgaria to apply a 20% tax on solar, wind energy

Bulgaria’s parliament has approved a 20 percent controversial tax income from wind and solar power installations next year. The proposal was backed Thursday morning by 116 MPs, 38 voted against and 28 abstained.

read more... 06/12/2013

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UK hits a new wind energy record

British wind energy industry hit a record-breaking on Friday, supplying more than 6GW of power to the grid for the first time, according to data provided by the National Grid.

read more... 02/12/2013

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UK: RWE has stopped development on the Atlantic Array offshore wind project

RWE, one of the big six energy companies in the UK, has announced the cancellation of one of the world’s largest offshore wind farms due to political rows and policy uncertainty. The wind farm in the Bristol Channel Zone would have provided clean energy for almost 1 million hoseholds and provided thousands of jobs in the construction phase.

read more... 27/11/2013

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