Latest news
Greek heavy industry on verge of collapse
The Greek heavy industry is experiencing a collapse period as Halyvourgiki and Hellenic Halyvourgia, two of Greece's biggest steelmakers are likely to lose the fight for survival.
read more... 19/02/2014
Germany obtained the green light to issue free carbon permits for 2013
Germany, the strongest economy and biggest emitter of greenhouse gases in Europe, received on Wednesday the green light from the European Commission to begin the issuance of permits to industrial companies in the country, as part of the European Union's efforts to aid heavy industry compete with rivals in countries with less stringent environmental regulations.
read more... 18/02/2014
USA: World’s largest solar plant is now fully operational
The Ivanpah Solar Electric Generating System, the world's largest concentrated solar power plant has become fully operational last week. Ivanpah employs concentrated solar power (CSP), which uses hundreds of thousands of mirrors to reflect the sun toward a tower. This heats a boiler in the tower, which creates steam to drive turbines and make electricity.
read more... 17/02/2014
Gamesa strikes agreement with Eolus Vind for G114-2.0 MW turbine supply
The global technological leader in the wind industry Gamesa, inked a deal with Swedish wind power developer Eolus Vind, envisaging the supply of four of its G114-2.0 MW wind turbines in the Scandinavian market.
read more... 17/02/2014
Russia to increase its oil and gas production
Deputy Energy Minister, Kirill Molodtsov, declared that Russia is likely to increase its oil production by 0.3% to 525 million tons in 2014, about 10.54 million barrels per day, which could be the highest level Russia has attained since the collapse of the Soviet Union. The significant growth was attributed to changes in tax law, which has stimulated development of new fields and hard-to-recover reserves.
read more... 14/02/2014