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First Solar Plant Closure Not Caused By Subsidy Cuts -Minister

First Solar Plant Closure Not Caused By Subsidy Cuts -Minister

Τετ, 18 Απριλίου 2012 - 17:56

The closure of First Solar Inc.'s (FSLR) plant in the eastern German city of Frankfurt Oder wasn't caused by the German government's decision to cut solar subsidies, but by sharp falls in the price of photovoltaic modules and massive worldwide overcapacity, German Environment Minister Norbert Roettgen said Wednesday.

Bulgaria To Raise Electricity Prices by 10% as of July 1

Bulgaria To Raise Electricity Prices by 10% as of July 1

Τετ, 18 Απριλίου 2012 - 13:29

Electricity tariffs in Bulgaria will increase by 10% as of July 1, while the natural gas and hot water bills are seen decreasing, the head of the state energy regulator Angel Semerdzhiev said.

APR Energy has Won Two New Contracts, in Cyprus and Mexico

APR Energy has Won Two New Contracts, in Cyprus and Mexico

Τετ, 18 Απριλίου 2012 - 12:00

APR Energy (APR), a global leader in temporary power solutions has been awarded a contract with the Electric Authority of Cyprus (EAC). This is to provide 120MW of diesel generation units to address continuing electricity supply shortages and help meet seasonal demand at the Moni Substation near Limassol in Cyprus.

EU Says Working With Spain On All Options Over YPF

EU Says Working With Spain On All Options Over YPF

Τρι, 17 Απριλίου 2012 - 18:05

The European Commission is working with Spain on what steps to take in response to Argentina's dramatic and possibly illegal move to nationalize the country's former state oil company, which is now a unit of Spain's Repsol YPF SA (REP.MC).

GDF Suez, GAIL To Build Indias First Floating LNG Terminal

GDF Suez, GAIL To Build India's First Floating LNG Terminal

Τρι, 17 Απριλίου 2012 - 18:04

French power company GDF Suez SA (GSZ.FR), GAIL (India) Ltd. (532155.BY) and the southern Indian state of Andhra Pradesh Tuesday agreed to set up the South Asian nation's first floating terminal to import liquefied natural gas.

Shah Deniz 2 Gas Project Starts Officially

Shah Deniz 2 Gas Project Starts Officially

Τρι, 17 Απριλίου 2012 - 15:44

The consortium developing Azerbaijan's giant Shah Deniz gas field has announced the start of Front End Engineering and Design for the second stage of the project.

Tanap Gas Line Agreements Likely to be Delayed

Tanap Gas Line Agreements Likely to be Delayed

Τρι, 17 Απριλίου 2012 - 13:43

It could take longer than expected for Turkey and Azerbaijan to agree on the proposed Trans-Anatolian Pipeline (Tanap). “The mutual intention is to sign the agreements [related to Tanap] in the following months,” an official from the Turkish energy ministry told Argus. The official could not provide a more precise deadline.

French Energy Min: Banks To Transfer Cash To Petroplus Refinery

French Energy Min: Banks To Transfer Cash To Petroplus Refinery

Παρ, 13 Απριλίου 2012 - 14:56

French Energy Minister Eric Besson Friday said banks had agreed with insolvent Swiss-based refiner Petroplus Holdings AG (PPHN.EB) to transfer cash and fuel to the company's refinery in France and its workers.

China Southern Power Grid May See 13 GW Shortage This Year

China Southern Power Grid May See 13 GW Shortage This Year

Παρ, 13 Απριλίου 2012 - 14:55

China Southern Power Grid Co., a state-run power transmission and distribution company, could see a power shortage of 13 gigawatts this year due to potential drought and coal supply issues, the State-owned Assets Supervision and Administration Commission said Friday.