The wreck of a German U-boat that sank almost a century ago has been discovered largely intact off the Scottish coast by engineers laying subsea power cables, says ScottishPower Renewables, a unit of Spanish energy giant Iberdrola.
24 October 2016 04:30 GMT
Embattled German PV panel maker SolarWorld said it expects to miss its forecast for revenue and earnings before interest and taxes (Ebit) for this year, blaming renewed Chinese dumping that it says has caused global solar prices to fall.
24 October 2016 09:39 GMT
Managing director Nicole-Fritsch Nehring will step down from her post as managing director at Enercon at the end of October and leave the German turbine manufacturer at the end of the year “to take up a new professional challenge,” Enercon said in a note to Recharge.
21 October 2016 08:01 GMT
European policymakers must put in place industry-changing measures to overhaul continental electricity markets or face the possibility of curtailing renewable energy output and driving up CO2 emissions by 10%, a new EU-funded study has found.
20 October 2016 02:34 GMT
E.ON has secured an off-take agreement with US healthcare-products giant Johnson & Johnson for half the output from its 200MW Colbeck’s Corner wind farm in Texas, as the German energy group intensifies its focus on the US market.
20 October 2016 01:33 GMT
Fitch Ratings has warned that oil companies not diversified into renewables could struggle to access capital as the advance of battery technologies and the rise of electric vehicles (EVs) curbs global demand for oil.
19 October 2016 06:33 GMT
Britain’s National Audit Office (NAO) has sharply criticised the former Department of Energy and Climate Change for allowing the Levy Control Framework (LCF) cap to be exceeded, mainly due to excessively high offshore wind costs.
18 October 2016 04:04 GMT
Suntech today became the latest Chinese solar manufacturer to walk away from a voluntary pricing deal with the EU, as a European lobbying group accused China’s PV majors of growing “desperation” in the face of huge overcapacity at home.
18 October 2016 12:57 GMT
Wind power is gearing up to be the main engine for the global power sector's growth, with expectations it will supply as much as 20% of world's electricity by 2030, according to the latest forecast from the Global Wind Energy Council (GWEC).
18 October 2016 06:08 GMT
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