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2019-03-25 10:50:00

ITALY'S RENEWABLE INVESTMENT $7.1 BLN

ITALY'S RENEWABLE INVESTMENT $7.1 BLN

REUTERS - Italy's Terna said on Thursday it would spend a record 6.2 billion euros ($7.1 billion) on its power grid to deal with the shift towards the production of more renewable energy.

In its 2019-2023 plan, the state-controlled company also promised to pay higher dividends as it forecast an average growth in core earnings of more than 4 percent.

"The energy transition process is moving faster than expected and renewables and the phasing out of fossil fuels will have a major…

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Tags: ITALY, RENEWABLE, INVESTMENT, TERNA,

Chronicle:

ITALY'S RENEWABLE INVESTMENT $7.1 BLN
2019, April, 19, 09:15:00

S.KOREA RENEWABLE ENERGY

South Korea's economy has been pushing to shed its heavy reliance on coal and nuclear power, with the latest target coming on top of a 2017 plan to increase the amount of renewables in its energy mix to 20 percent by 2030.

ITALY'S RENEWABLE INVESTMENT $7.1 BLN
2019, April, 19, 09:10:00

UAE GDP WILL UP 4.7%

The International Monetary Fund (IMF), has forecast the UAE’s nominal Gross Domestic Product (GDP) to grow 4.7 percent to AED1.673 trillion in 2019, compared to AED1.589 trillion a year ago.

ITALY'S RENEWABLE INVESTMENT $7.1 BLN
2019, April, 19, 09:05:00

U.S. TRADE DEFICIT $49.4 BLN

the goods and services deficit was $49.4 billion in February, down $1.8 billion from $51.1 billion in January,

ITALY'S RENEWABLE INVESTMENT $7.1 BLN
2019, April, 19, 09:00:00

U.S. RIGS DOWN 10 TO 1,012

BHGE - U.S. Rig Count is down 10 rigs from last week to 1,012, with oil rigs down 8 to 825, gas rigs down 2 to 187, and miscellaneous rigs unchanged at 0. Canada Rig Count unchanged from last week at 66, with oil rigs up 1 to 19 and gas rigs down 1 to 47.

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