France envisages spending a total of 2 billion euros in renewable energy in Africa in 2016-20, a 50% increase in comparison with the last five years, according to the French President François Hollande.
read more... 11/12/2015
Chinese power conglomerate CGN will make an investment of over 1 billion euros ($1.10 billion) to generate solar energy in France via a collaboration with a small Bordeaux-based firms that supplies photovoltaic panels constructed on farm sheds.
read more... 10/12/2015
The oil prices are not likely to recover in 2016, according to declarations made by France’s Total and Goldman Sachs at a time when Brent crude plunged below $42/barrel following OPEC 168th meeting which did not yielded any production cuts.
read more... 09/12/2015
French energy group Neoen launched yesterday the biggest photovoltaic power plant of Europe, having a power capacity of up to 300 MWp peak.
read more... 02/12/2015
Crude oil futures slashed previous losses to close steady on Wednesday after a smaller-than-expected supply increase in the United States and a decline in the number of U.S. rigs actively drilling for oil. Brent crude futures rose 5 cents to settle at $46.17 on Wednesday, after slipping more than $1 to a session low of $45.03. U.S. crude's WTI futures ended the session 17 cents higher at 43.04 a barrel. WTI had also shed over $1 to hit an intraday low of $41.72.
read more... 26/11/2015