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Iberdrola Renovables Wins 258 MW In Brazilian Wind Bids

Παρ, 27 Αυγούστου 2010 - 17:58

Spanish renewable energy company Iberdrola Renovables SA (IBR.MC) Friday said it has won bids in a joint-venture with Brazilian energy company Neoenergia to develop and run for a period of 20 years nine wind parks in Brazil, the Spanish company said in a release.

Wingas: Fluxys To Join German Nord Stream Connection Pipeline

Παρ, 27 Αυγούστου 2010 - 17:57

German natural gas importer Wingas GmbH said Friday it has signed a letter of intent with Fluxys SA (FLUX.BT) whereby the Belgian gas grid operator will become a shareholder in a northern German gas pipeline project that aims to link the Baltic Sea transit pipeline Nord Stream to the German grid.

RWE Signs Natural Gas Partnership With Iraq's Kurdistan Region

Παρ, 27 Αυγούστου 2010 - 17:57

German utility RWE AG (RWE.XE) said Friday it has signed an agreement with the Kurdistan regional government to develop the northern Iraq region's natural gas infrastructure and source gas from the area to feed the planned Nabucco pipeline.

Russia To Begin Test Operations On China Oil Pipeline This Week

Παρ, 27 Αυγούστου 2010 - 17:57

Russia will begin test operations this week on a new oil pipeline that will start shipping Siberian crude to the Chinese border from Jan. 1, the country's oil pipeline operator said Friday.

50 Years of OPEC

Παρ, 27 Αυγούστου 2010 - 14:05

Fifty years ago, five countries initiated bold discussions on ways to increase the price of crude oil produced by their respective countries. The talks that followed lasted four days, from September 10 - 14, 1960.

China Clean Energy Plan Hinges on Coal Price

Παρ, 27 Αυγούστου 2010 - 14:02

China's $736-billion push to harness nuclear, wind, solar and biomass energy hinges on making the cleaner fuels competitive with cheap and CO2-intensive coal without derailing surging industrial growth.

Russia to Step Up Environmental Control over Arctic Shelf Development

Παρ, 27 Αυγούστου 2010 - 14:01

Russian authorities will increase environmental control while developing its Arctic continental shelf, Deputy Natural Resources Minister Sergei Donskoi said on Friday.

PPC in Negotiations to Build the Biggest PV Park in the World in Kozani, Greece

Παρ, 27 Αυγούστου 2010 - 12:22

The biggest PV park in the world is going to be built in Kozani , Greece , by the national power company, PPC, with an estimated 200MW capacity. Its cost is projected at 600 million euros and the park will be constructed by a consortium, in which PPC will participate with 51%. Already there is an expressed international interest for the project by companies like the American AES. So far, the greatest PV park globally is the one in La Mancha , Spain , with a capacity of 60MW.

South Korea, Bolivia Sign MoU On Lithium Development

Πεμ, 26 Αυγούστου 2010 - 18:11

South Korea and Bolivia signed a memorandum of understanding Thursday on development of lithium resources in the South American country, which has the world's largest reserves of the metal, a vital raw material for the batteries that run electric cars, laptops, digital cameras and mobile phones.

Greece's PPC 2Q Net Profit Drops 60% To EUR90.4M

Πεμ, 26 Αυγούστου 2010 - 18:10

Greek state-controlled electric utility Public Power Corp. SA (PPC.AT) said Thursday its second-quarter net profit dropped 60% on falling sales and rising costs but added it was on course to meet full-year targets.

Sinohydro Starts Building Ecuador's Largest Hydropower Project

Πεμ, 26 Αυγούστου 2010 - 18:10

China's Sinohydro Corp. has started construction of the 1,500 megawatt-capacity Coca Codo Sinclair hydropower station, the largest hydropower project in Ecuador, China Electric Power News said Thursday.

Merkel Says Nuclear Tax To Help Reduce Budget Deficit

Πεμ, 26 Αυγούστου 2010 - 18:09

German Chancellor Angela Merkel said Thursday that the proposed levy on nuclear fuel rods, which utilities have said would eat into their profits, is part of the government's efforts to reduce the public budget deficit.

Syria Seeks First Foreign Investment In Power Plants

Πεμ, 26 Αυγούστου 2010 - 18:09

Syria wants international companies to set up the country's first private power generation plant north of the capital Damascus at a cost of about $300 million as it seeks to open up more of its economy to foreign investment.