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Energy- hungry China to invest $13.07 billion in oil and gas exploration in 2013

China is expected to invest 80 billion yuan ($13.07 billion) in oil and gas exploration until the end of 2013, as it pledges to increase energy supplies and to curb its dependence on energy imports, according to the Ministry of Land and Resources.

read more... 17/09/2013

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Cyprus could become a natural gas hub by 2025

Natural gas reserves in the six gas fields licensed to Noble, Total, Kogas and ENI could total about 1.1 trillion cubic metres or 38.9 trillion cubic feet, unveils an article published in the quarterly Oxford Energy Forum, KRETYK’s Chairman Charles Ellinas.

read more... 16/09/2013

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Green energy situation in Italy

The renewable energy sector in Italy is one with the highest potential in Europe, being today a leading producer of electricity from renewable sources. The solar PV capacity has seen a great success, growing 3000% over the past three years. The wind market has also seen constant high levels of investment, with the number of installations increasing by almost 40% in 2012.

read more... 13/09/2013

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U.S solar power soars 15% in Q2 on large scale projects

The United States installed 832 MW of photovoltaic solar panels in the second quarter, posting a 15 per cent increase compared with prior period as booming business for utility-scale systems helped offset lower demand for residential and commercial projects, according to new figures released today by the Solar Energy Industries Association (SEIA).

read more... 13/09/2013

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Areva, Leroux & Lotz to build a biomass co-generation plant in France

Areva, in a consortium with a French industrial boiler supplier Leroux & Lotz Technologies, has won a contract valued at €55m from renewable energy developer neoen to build a biomass co-generation power plant in Commentry, France.

read more... 11/09/2013

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