Russia, being an oil and gas giant, has launched its first renewable energy tender, auctioning about 500MW in capacity, mostly to solar projects.
read more... 30/09/2013
Solar power capacity installed all over the world this year is on the track to eclipse wind for the first time, spurred by new subsidies and policy support, according to a report provided by Bloomberg New Energy Finance (BNEF).
read more... 27/09/2013
German BDI industry association wants Chancellor Angela Merkel, after re-election, to abolish the feed in tariff system that made Germany the biggest renewable energy market in Europe.
read more... 25/09/2013
Dong Energy is aiming to have installed 6.5GW of operating offshore wind capacity in north-west Europe by the end of the decade, with an intermediate target of 3.5GW by end-2016. Dong has publicly adopted an unprecedented target of reducing its offshore wind cost of energy to €100/MW by 2020. This would correspond to at least 47% less than Germany's current feed-in tariff for offshore wind generation, which is set at EUR 190/kWh. The new 2020 benchmark target for offshore wind is to quadruple installed offshore wind capacity from its currently 1.7GW to 6.5GW in 2020.
read more... 24/09/2013
French oil giant Total is envisaging selling its 25 percent stake in the Shtokman Development AG to Russian energy major Gazprom, becoming the last partner to exit from the gas project in the Barents Sea.
read more... 24/09/2013