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NewsWorld news 01.08.2018 12:42Germany prepared to veto Chinese bid for LeifeldAccording to a government source, the German cabinet has granted itself the power to block a takeover of machine toolmaker Leifeld by a Chinese investor, if it became necessary, Reuters reports. The main owner of Leifeld had recently told Reuters 31.07.2018 15:19Solar panel surplus is diminishing the effect of Trump tariffs, according to SunPowerA steep global decline in the prices of solar modules in recent weeks is nearly offsetting the effect of the 30% tariff imposed by the USA, the CEO of SunPower stated on Monday. According to Reuters, while the price drop is affecting the profit 31.07.2018 14:22BMW will invest 1 billion euros in a car factory in HungaryBMW said it will invest 1 billion euros in a new car factory in eastern Hungary. The aim of the project is to contribute to the country’s growth and strengthen its position as a center for premium car manufacturing in the region, Reuters reports. The 31.07.2018 13:41ACER adopts a decision on the methodology to establish market coupling algorithmsIn a press release yesterday, the Agency has announced that it has adopted a decision on the methodology to establish market coupling mechanisms. The methodology covers the rules for development and maintenance of the price coupling algorithm 31.07.2018 09:32The European Commission clears acquisition of several Telenor companies by PPF GroupThe European Commission has approved, under the EU Merger Regulation, the acquisition of sole control of Telenor Bulgaria EAD of Bulgaria, Telenor Magyarország Zrt., Telenor Real Estate Hungary Zrt., and Telenor Common Operation Zrt., all 31.07.2018 09:20Britain’s energy regulator gives approval to National Grid for Hinklet NPPThe energy market regulator in Britain, Ofgem, gave its approval to the National Grid to build a power grid upgrade to connect the new Hinkley Point C nuclear power station, Reuters reports. Ofgem said it will set the revenue National Grid can 27.07.2018 12:37Germany buys 20% in transmission system operator to prevent Chinese investmentGermany’s state investment bank, KfW, is purchasing a 20% stake in one of the country largest transmission system operators in order to block a Chinese company from acquiring the company. The reasons given are national security concerns, Bloomberg 27.07.2018 12:24Portuguese government signs a start of a “new wave” of solar polar plants without guarantees of government subsidiesThe Portuguese government announced yesterday "a new wave of solar power plants" with the inauguration of the first, which will be without guaranteed tariffs. The solar power plants will become operational until 2021, allowing the triplication 27.07.2018 11:04BP buys assets from BHP in US onshoreAccording to a press release released today, BP has acquired a “world-class“ unconventional oil and gas assets from BHP. The aim of the acquisition was to upgrade and reposition BP’s American onshore business. The assets currently 27.07.2018 09:53“Castoro 10” starts preparatory works for Nord Stream 2The offshore installation barge “Castoro 10” has started preparatory works for future pipelaying for the Nord Stream 2 project, the company announced yesterday. The C10 assumed its starting position with the help of its eight anchors 26.07.2018 11:41Siemens AG and partners announce the completion of the world’s largest combined cycle power plants in record timeIn collaboration with the Egyptian Ministry of Electricity and Renewable Energy, Siemens and its consortium partners, Orascom Construction and Elsewedy Electric, announced on 24th July 2018 the completion of the Egypt Megaproject in record time, 25.07.2018 12:57Ryanair will reduce its Dublin based fleet by 20%Ryanair’s Board today (25 July) approved a plan to cut its Dublin based fleet from 30 to (at most) 24 aircraft for the winter 2018 season, stated the company in a press release today. The reasons given for this cut was the rapid growth of Ryanair’s |
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