Tag Archives: Switzerland

Switzerland’s nuclear power plant operators plan to keep the facilities operational for longer than initially planned, spokespeople for the large Swiss utilities Axpo Holding and Alpiq Holding told Bloomberg on Tuesday. Switzerland has four nuclear reactors, which generate up to 40% of its electricity, according to the World Nuclear Association. …

Switzerland has decided to join the measures adopted by the European Union to impose a price cap on Russian oil, the country’s government announced on its website on Friday. The “EU agreed on December 3 to apply new sanctions relating to a price cap on Russian crude oil and petroleum …

The boost of funding available for solar rebates aims to lessen the impact of the pandemic upon the solar market and encourage more consumers to go ahead with installations.

A senior official at the Swiss State Secretariat for Economic Affairs (SECO) said many companies have voiced readiness to engage in trade with Iran following the opening of a financial channel earlier this week.

A senior trade official announced that a trade channel between Iran and Switzerland will be established in the near future.

Energy Vault claims its technology enables renewables to deliver baseload power for less than the cost of fossil fuels 24 hours a day.

The European Union is also working on a financial mechanism to ease non-dollar trade with Iran and circumvent US sanctions.

Switzerland is close to launch an initiative to let companies sell food. medicine and medical devices to Iran by using a new payment channel.

The US threat to go after foreign businesses in Iran has been harshly criticized in Europe.

Lukoil controls refineries in Romania. Bulgaria. Italy and the Netherlands. The company declined to comment on Reuters'. message about the possibility of Litasco selling.