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China and EU reached an agreement on solar panels

The European Union and China have finally reached an agreement over imports of solar panels which should help reduce tensions between two of the world’s largest trading powers.

read more... 29/07/2013

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Go ahead for the North Blyth biomass power plant

The RES has received the permission from the Government to build a 100 MW biomass power plant in Northumberland. It is RES's first biomass plant, with the company having developed a number of onshore and offshore wind projects and solar energy schemes.

read more... 25/07/2013

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Fessenheim- France’s oldest nuclear power plant to close by 2016

French Environment Minister Philippe Martin, in an interview with Le Journal de Dimanche, has announced that the country's oldest nuclear plant of Fessenheim, northeastern France, is expected to be closed by the end of 2016, as promised also by the French president Francois Hollande during the electoral campaign.

read more... 24/07/2013

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Daily: French spot power prices up on prolonged heat wave

Brent crude pared gains on Thursday as the optimism for more stimulus from the U.S. Federal Reserve faded. Meanwhile, Brent crude for October delivery increased 10 cents to settle at $115.01 a barrel, having fluctuating from $114.43 to $116.38. It has recovered from a low of $88.49 recorded on June 22 after retreating from the 2012 high at $128.40 hit on March 1. U.S. October crude traded 99 cents down to settle at $96.27 a barrel, after reaching $98.29, the highest level since May 4. In the same time, U.S. crude has recovered after slipping below $78 a barrel in late June.

read more... 24/07/2013

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World Bank to limit financing coal- fired power plants in the future

The World Bank has announced it will help countries to seek alternatives to coal power and will stop funding for new coal power generation projects. Jim Yong Kim, the President of the World Bank has always stressed the need to mitigate the impacts of climate change, making it a main concern for the Bank itself and for its five main organizations which are offering loans and grants to poor and emergent countries worldwide.

read more... 23/07/2013

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