Some of Europe’s biggest power generation companies could win from German elections

Thursday, 01 October 2009
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The pro-business credentials of Germany’s incoming coalition government gave a modest boost to the country’s equity markets on Monday, with investors quick to judge that some of Europe’s biggest power generation companies would be among the corporate winners from Sunday’s general elections, says FT.com.

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U.S. refiners may fail to meet financial requirements of their credit agreements

Thursday, 01 October 2009
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U.S. refiners may fail to meet financial requirements of their credit agreements later this year as slumping fuel demand erodes the profitability of making gasoline and diesel, says Bloomberg.com.

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Ocean energy industry to provide up to 12,500 jobs, £2.5 billion o the Scottish economy by 2020

Saturday, 29 August 2009

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A Marine Energy Road Map which was published this week by the Scottish Government's Marine Energy Group (MEG). The road map suggests that themarine energy industry could provide up to 12,500 jobs contributing£2.5 billion to the Scottish economy by 2020.

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Russia to supply natural gas to South Ossetia passing round Georgia

Wednesday, 26 August 2009
eunp/u1.jpg A new pipeline to supply Russian natural gas to South Ossetia bypassing Georgia will be inaugurated in Tskhinvali on Wednesday, to mark the anniversary of the former Georgian republic's independence. The former Georgian republic currently receives Russian gas via a pipeline passing through Georgia's territory, says Rian.ru. Georgia, which considers both South Ossetia and Abkhazia to be part of its territory, has previously taken measures to block fuel supplies to the republics.

 


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New PV cell efficiency world record achieved

Wednesday, 26 August 2009

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Chinese module manufacturer Suntech Power Holdings said earlier this week that it has achieved a new world record conversion efficiency of 15.6% on a commercial-grade multi-crystalline silicon PV module. This conversion efficiency surpasses the previous record of 15.5% set by Sandia National Labs 15 years ago.

 

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