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China to Cut Solar & Wind Tariffs as Costs Continue to Fall

China’s price regulator announced this week that it will cut tariffs paid to solar and wind projects in order to reflect the continuing decline in project costs. Bloomberg New Energy Finance communicated news from China’s national price regulator and economic…

EBRD Finances Krumovgrad Gold-Silver Mine in Bulgaria

EBRD to become shareholder in Canadian investor Dundee Precious Metals to promote highest industry standards. The European Bank for Reconstruction and Development (EBRD) is investing C$ 43.7 million (approximately US$ 32.7 million equivalent) in the development of the Krumovgrad gold…

Spanish Energy Firm Buys Two Biomass Facilities

Spain’s Ence – Energía y Celulosa on Dec. 15 said it will buy Spanish utility Endesa’s stake in two biomass plants. “This operation constitutes a new step in fulfilling our Strategic Plan, which plans to achieve 383 MW of installed…

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