Embattled PV inverter group SMA Solar confirmed it won’t return to profitability this year, as it attempts to refocus its business after a disastrous slump in sales in its German heartland that sent it to a €179.3m ($197.4m) net loss.
26 March 2015 11:26 GMT
Germany's cabinet has approved a proposed law to increase popular participation and facilitate laying high-voltage cables underground that could defuse a dispute within the government about so-called "transmission highways" planned to link the country's windy north with its power-hungry south.
25 March 2015 01:28 GMT
Germany’s energy minister Sigmar Gabriel has sparked a fierce controversy by suggesting the introduction of a “climate levy” on older fossil-fired power plants – a move that that could reduce CO2 emissions in Europe’s largest economy and give a boost to the EU’s malfunctioning emissions trading system (ETS).
20 March 2015 05:06 GMT
Italian energy giant Enel is no longer in the business of building large conventional power plants, and will place an even heavier emphasis going forward on renewables, emerging markets, and the digital transformation ripping across global energy markets, says chief executive Francesco Starace.
20 March 2015 02:57 GMT
EU leaders last night committed Europe to pursuing an Energy Union in a communiqué that pledged to engage “the next generation of renewables” – but were slammed by green campaigners for making too many concessions to polluting and unsafe sources.
20 March 2015 10:39 GMT
As European leaders prepare to discuss plans for Energy Union at an EU summit, the bloc’s climate action and energy commissioner warned that Brussels will take legal action against member states that fail to make progress towards their 2020 renewables targets.
18 March 2015 01:28 GMT
06 March 2015 03:55 GMT
Hamburg-based renewable energy independent power producer (IPP) Greenpeace Energy said it will take legal action against the European Commission (EC) over its approval of billions of pounds in future state aid for the construction of the Hinkley Point C nuclear power station in the UK.
05 March 2015 10:26 GMT
Amid the desolate, empty vastness of Abu Dhabi’s windswept Al Gharbia region, surrounded by rolling, whitish-orange sand dunes, lies an oddly beautiful conglomeration of pipes, generators, industrial fans and parabolic troughs laid out in rows with mathematical precision.
05 March 2015 08:47 GMT
Industrial-scale lithium-ion (Li-ion) batteries have stolen a march on molten salt systems as the energy storage system (ESS) of choice for grid projects, capturing 90% of new business in the last year, according to new numbers from consultancy Lux Research.
04 March 2015 07:18 GMT
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