Articles - Past and present news from The Energy Industry Times

Media Partners

Bangladesh scraps nine coal power plants as overseas finance dries up

  • 4 years ago (2021-03-10)
  • David Flin

Bangladesh has announced that it plans to scrap nine new coal projects as the cost of imported coal rises and overseas investors cut financing for such projects.

SeAH Steel to open offshore wind power generation facilities in South Korea and UK

  • 4 years ago (2021-03-09)
  • David Flin

SeAH Steel of South Korea has announced that it will issue $72 million in corporate bonds through the Financial Supervisory Service’s electronic disclosure system.

NRG sells 4850 MW gas and oil power generation

  • 4 years ago (2021-03-08)
  • Junior Isles

NRG has announced that it has sold 4850 MW of natural gas- and oil-fired power plant generation in California and Northeast USA for $760 million.

Korea Western Power to build 1.7 GW CCGT plant in Thailand

  • 4 years ago (2021-03-05)
  • David Flin

Korea Western Power (KOWEPO) has signed an agreement on March 3 with Thai Petrochemical Industry Polene Power (TPIPP) and Korea Gas Corp to jointly build a 1.7 GW gas power plant and LNG infrastructure in Songkhla Chana, a region in southern Thailand.

Rolls-Royce and Fermi Energia sign agreement for SMR development

  • 4 years ago (2021-03-04)
  • David Flin

Rolls-Royce and Fermi Energia have signed a Memorandum of Understanding to study the potential for the deployment of SMR power stations in Estonia.

Mitsubishi Power developing ammonia-fired turbine system

  • 4 years ago (2021-03-03)
  • David Flin

Mitsubishi Power, a subsidiary of Mitsubishi Heavy Industries (MHI) Group, has started development of a 40 MW gas turbine fuelled by 100 per cent ammonia.

Petrobras pulls out of wind power generation

  • 4 years ago (2021-03-02)
  • David Flin

Petrobras of Brazil has officially pulled out of wind power generation after signing a $5.9 million deal with investment fund Fundo de Investimento em Participações Multiestratégia Pirineus (FIP Pirineus) to sell its 51 per cent stake in the Mangue Seco 2 plant.

Drax scraps gas plant to focus on biomass

  • 4 years ago (2021-03-01)
  • David Flin

Drax has announced that it has abandoned plans to build Europe’s largest gas-fired power station in Yorkshire, UK.

Exelon to split business into two companies

  • 4 years ago (2021-02-26)
  • David Flin

Exelon has announced that it will divide its business into two publicly traded companies, one comprising its six regulated electric and gas utilities, and the other, which it plans to spin off, comprising its 31 GW generation fleet.

Pakistan’s Nepra reduces ROE on three nuclear units

  • 4 years ago (2021-02-25)
  • David Flin

Pakistan’s National Electric Power Regulatory Authority (Nepra) has reduced the Return On Equity (ROE) of units 2, 3, and 4 of Chashma Nuclear Power Plant.