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23.10.2017 11:45Tesla Reaches Deal for Shanghai Facility
Tesla Inc. reached an agreement with Shanghai’s government to build a fully owned manufacturing facility in the city, Reuters reported. The California-based company on Monday reiterated a statement from June that it’s working20.10.2017 12:21No EU unity for Russia Nord Stream 2 talks: Juncker
The European Commission said that despite a lack of unity among member states over Russia’s plans for a new gas pipeline to Germany, it would press ahead to seek support for talks with Russia on its objections, Reuters informed. Brussels,18.10.2017 17:46China to struggle to launch nationwide carbon market
China will struggle to launch its long-awaited nationwide carbon trading scheme this year as planned, an official from the country’s state planner said on Wednesday, Reuters reported. “Although China has collected industrial data for18.10.2017 13:43Serbia's biggest windfarm project attracts EBRD, IFC funding
Serbia’s largest windfarm project will receive 215 million euros ($253 million) in syndicated loans from the European Bank for Reconstruction and Development (EBRD) and International Finance Corporation (IFC), informed Retuers. The16.10.2017 17:08European investors are rediscovering cleantech
Private investors often lack knowledge about the latest trends in cleantech, says Candace Johnson, president of the European Business Angel Network (EBAN) in an interview with Energy Post. But they are catching up quickly. EBAN has started a partnership12.10.2017 12:56Soon Italy May Not Be One of Europe's Most Expensive Gas Markets
Italy is looking to shed its status as one of Europe’s most expensive gas markets according to Bloomberg. Lawmakers are aiming to turn a proposed national energy strategy that would overhaul the country’s gas sector into law12.10.2017 11:28BNP Paribas shifts from shale oil and gas to renewables
BNP Paribas, France's biggest listed bank, said it would no longer work with oil and natural gas companies that primarily do business in shale or oil sands as it plans to boost support for renewable energy projects, CNBC reports. The bank11.10.2017 13:57U.S. formally proposes scrapping Obama's carbon-cutting plan
The head of the U.S. Environmental Protection Agency formally proposed on Tuesday to scrap the agency’s Obama-era plan to reduce greenhouse gas emissions from power plants, as the Trump administration seeks to slash fossil fuel regulation,10.10.2017 19:35Saudi Arabia to Make Deep Cut to Crude Supply Following OPEC Statement on Steps Needed for Stable Market in 2018
Oil producers are succeeding in re-balancing an oversupplied market, though they may need to take further steps to sustain the recovery into 2018, OPEC Secretary-General Mohammad Barkindo said, Bloomberg reported. Saudi Arabia and Russia are currently10.10.2017 12:56Microsoft, GE sign agreement on new wind project in Ireland
On Monday, Microsoft Corp. announced a new wind energy agreement in Ireland. Microsoft is entering into a 15-year power purchase agreement (PPA) with GE (General Electric) to purchase 100 percent of the wind energy from its new, 37-megawatt Tullahennel09.10.2017 15:58UK energy price cap legislation to be published on Thursday
Draft legislation on the British government’s plans to cap energy prices will be published on Thursday, a spokesman for Prime Minister Theresa May said on Monday. Last week, May said she would impose a price cap on the energy market28.09.2017 15:01CEZ Holding Out for Better Price in Bulgarian Asset Sale
Czech utility CEZ has shortlisted five bidders for the sale of its Bulgarian assets and wants to decide on a deal by the end of year or scrap it if it cannot secure the right price, a board member told Reuters. Tomas Pleskac did not disclose the
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