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Oil hits two-month low on glut fears, technical selling

Farmers advised to exercise ‘caution’ when signing up to any solar energy contract

Oil hits two-month low on glut fears, technical selling

19 July 2016

On the 11th of July the oil prices fell more than 1 per cent, hitting two-month lows on extended selling after the market’s break below a key technical support level due to oversupply fears. The market last week slumped nearly 8 per cent in its biggest weekly losses in six months and already hit a two-month […]

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Posted in Alternative Energy, Uncategorized0 Comments

Farmers advised to exercise ‘caution’ when signing up to any solar energy contract

19 July 2016

Farmers thinking about the positive effect of solar energy. But according to the Chairman of IFA Renewables, James Murphy,  it says that the farmers have to be careful before signing up any agreement. Speaking at an IFA seminar on solar energy he said that while there are good reasons to be optimistic about solar energy in […]

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Posted in Renewable Energy, Solar Energy0 Comments

Indigenous Wind Energy Saved Ireland €70 Million in Energy Imports Since January

15 July 2016

Over a fifth of Ireland’s electricity has come from wind energy this year Since the beginning of 2016, Ireland has saved approximately €70 million in foreign energy imports with the help of wind energy. Within a six month period which saw the indigenous renewable energy source meet over a fifth (22%) of Ireland’s entire electricity […]

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Posted in Wind, Wind Energy0 Comments

MEPs call for more ambitious A-G scale for energy labels

15 July 2016

To kept up with the time of the technologies, the EU Parliament voted for a simpler and more stringent A to G scale for the energy labels, which shows the energy efficiency of the household appliances.   While the proposal was discussed, MEPs mentioned that the most appliances on the market now meet the ‘class […]

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Posted in Uncategorized0 Comments

Strafford to construct a new €3m smokeless fuel manufacturing facility

29 February 2016

Stafford Fuels, which is part of the larger Stafford Group, is set to spend €3 million on a new smokeless fuel plant in New Ross, Co Wexford. The largest privately owned distributor of solid fuels in Ireland, that have been marketing-environmentally friendly domestic fuels since 1990, with the new facility, confirms their strategic view of […]

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Posted in Green Energy, Sustainable Energy0 Comments

“OECD Europe renewable capacity to grow by over 109 GW from 2014-20”, says IEA

26 February 2016

The 12th of December, 2015 is an historic day for the entire humankind, following the universal agreement found in Paris at the climate conference (COP21). Among the main measures setting up, countries will have to limit their emissions to maintain global warming below 2 °C, with an aspiration of 1,5°C. This advance in the struggle […]

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Posted in Green Energy, Renewable Energy, Sustainable Energy0 Comments

EU ups renewable share to 16%

10 February 2016

The share of energy generated from renewable sources in the European Union continued to grow in 2014. 24 of the 28 EU member states saw their share grow compared to 2013. A new report from Eurostat reveals renewable sources used in gross final consumption of energy now accounts for 16% of all energy used, almost […]

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Posted in Green Energy, Renewable Energy, Sustainable Energy0 Comments

Siemens to test new technologies in a demonstration wind farm

10 February 2016

Denmark has awarded Nissum Bredning Vindmollelaug the rights to build a 28MW offshore wind demonstration project in Jutland, which should cost Dkr300m (€40m). The winner of the country’s experimental wind competition will install four Siemens 7MW turbines atop jacket foundations with bucket feet, also designed by Siemens. Full operations are expected in 2017 : “The […]

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Posted in Clean Tech, Green Energy, Renewable Energy, Sustainable Energy, Wind Energy0 Comments

Dong Energy to dismantle offshore pioneer

10 February 2016

Dong Energy is to decommission the 25-year-old Vindeby offshore wind farm in Denmark. The company said the project’s 11 Bonus 450kW turbines, installed in 1991, are showing signs of age and will be dismantled : “Vindeby was the humble beginning of a Danish industry which today has approximately 30,000 employees. But after 25 years of […]

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Posted in Wind Energy0 Comments

Vestas profits up to €925 million in 2015

09 February 2016

Vestas pre-tax profits increased by 75% in its 2015 financial year on the back of a strong order intake totalling almost 9GW. Danish manufacturer posted full year 2015 pre-tax profits of €925m, up from €523m in 2014, on the back of €8.4bn in revenues. The latter figure was up from €6.9bn in 2014 while the […]

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Posted in Finance, Wind Energy0 Comments

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