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EVN gets involved in Bulgarian hydropower project

Austrian utility EVN intends to take the majority stake in the Bulgarian hydropower project launched by NEK, the largest state energy utility in the country.

read more... 21/07/2010

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Initiative to create the Mediterranean Carbon fund

A group of investors study the possibility of the creation of a Carbon fund within the Union of Mediterranean, the Mediterranean Carbon Fund (MCF), in order to support low-carbon and no-carbon ecological projects.

read more... 01/07/2010

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Siemens will provide 111 wind turbines to Dong Energy

Dong Energy, one of the largest energy companies in Northern Europe, request Siemens for the construction of 400 MW wind power in one of its projects in Denmark. Siemens is responsible for building, installing and commissioning of 111 wind turbines.

read more... 29/06/2010

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France will take part in South Stream project

The memorandum concerning the number of shares transferred to the French company EDF was signed last Saturday, at Economic Forum in Sankt Petersburg.

read more... 22/06/2010

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New contract for GDF Suez in Saudi Arabia

The French energy giant announced about the signing of a new contract for the construction of a 1730 MW power plant in Saudi Arabia. The new plant would be built as an Independent Power Project (IPP), 125 km west from Saudi Arabia capital, Al Riyadh. Simultaneously, GDF signed the contract to sell the electricity produced at this plant to Saudi Electric Company (SEC). The duration of the contract is 20 years.

read more... 16/06/2010

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