Energy Update
Even a few years ago, renewable energy played only a small role in most countries’ energy planning. While governments and publics were eager to increase the share of renewables in their energy systems, the economics of doing so were challenging. There were also serious concerns about the impact on the electricity grid of adding too much capacity from variable renewable energy sources, such as solar and wind.
March 25 (Reuters) - Chinese solar panel maker Yingli Green Energy Holding Co Ltd reported a bigger-than-expected quarterly loss, reflecting a drop in selling prices and the yuan's strength against the yen and euro.
ASHGABAT, March 25 (Reuters) - The European Union is seeking to revive a gas pipeline project from Turkmenistan to Europe and involve European energy companies, an EU diplomat in Turkmenistan said.
Earlier this year, SunEdison announced a goal to bring power to 20 million people in rural India by 2020. To forward this mission, it announced today that it will use more than 1,000 flow batteries from Imergy Power Systems for its solar-powered minigrid projects.
Consumers worldwide are witness to the fluctuations in the fuel prices recently and the Middle East is no exception. Why do fuel prices rise and fall so frequently in a region with such huge oil reserves? In the long term, the greatest single factor influencing fuel prices is the cost of crude oil. However, supply, demand and competition can have a significant impact on fuel prices in the short-term.
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