Siemens Gamesa Renewable Energy (SGRE) has signed a contract to supply six SG 3.4-132 wind turbines each with a flexible power rating of 3.65 MW to a wind farm project in Inner Mongolia, China.
The European Commission has given approval for German utility RWE to buy E.ON’s renewable and nuclear power generation assets.
GE Renewable Energy has been awarded a $87 million contract by Nachtigal Hydro Power Company (NHPC) to provide seven 60 MW Francis turbines for the new Nachtigal hydropower plant in Cameroon.
The Australian Government has approved $1 billion for an expansion of the state-owned power generator Snowy Hydro to back up wind and solar power.
Summit Power, the biggest IPP in Bangladesh, has inaugurated its 21st power plant in Gazipur, Bangladesh, capable of generating 464 MW.
UK Export Finance (UKEF) has announced that it will guarantee financing worth around £26 million to support the refurbishment of the Al Mussaib power plant in southern Iraq.
The South African Government has announced that it will give a 69 billion rand ($4.9 billion) cash injection to Eskom over the next three years.
GE Power has provided an advanced 9E gas turbine to Iraq’s Ministry of Energy’s Al Qudus power plant.
Arcelor Mittal, the world’s biggest steelmaker, has bid $673 million to acquire Essar’s 1200 MW coal-fired Essar Mahan power plant in Madhya Pradesh, India.
One of the biggest funders of energy projects in Australia said that coal-fired power generation projects were unlikely to be developed unless there was taxpayer funding involved, as investment continues to flow to renewables.