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IEA says renewables will rise to 40 per cent of global power generation

  • 6 years ago (2018-11-19)
  • David Flin

The International Energy Agency (IEA) has published its World Energy Outlook (WEO) 2018, in which it said that the share of renewables in global power generation will increase to over 40 per cent by 2040 from the current 25 per cent.

EU imposes freeze on UK back-up power subsidy scheme

  • 6 years ago (2018-11-16)
  • David Flin

The European General Court has suspended the UK’s subsidy scheme for back-up electricity generation, stating that the payments system should be subject to a state aid investigation.

Itaipu dam modernisation contract awarded to GE consortium

  • 6 years ago (2018-11-15)
  • David Flin

A consortium of GE Power and CIE Sociedad Anonima has won a contract from Itaipu Binacional to modernise the Itaipu Dam in Brazil, one of the world’s largest hydropower plants.

Rosatom to start construction of Tianwan 7 in China

  • 6 years ago (2018-11-14)
  • David Flin

Rosatom has announced that it will begin construction of a seventh unit at the Tianwan nuclear power plant in China in 2021.

ADB signs $227.7 million loan deal for 2500 MW power plant in Thailand

  • 6 years ago (2018-11-13)
  • David Flin

The Asian Development Bank (ADB) has signed a $227.7 million loan deal with Gulf SRC Company to build a 2500 MW combined cycle power plant in Thailand Chonburi Province.

GE Renewable Energy inaugurates new technology centre near New Orleans

  • 6 years ago (2018-11-12)
  • David Flin

LM Wind Power, a unit of GE Renewable Energy, has announced the inauguration of a new Technology Centre America’s facility to develop and test new techniques for designing and building wind turbine blades at its facility on the NASA Michoud campus outside New Orleans, Louisiana, USA.

Toshiba pulls out of £15 billion Moorside nuclear power plant plan

  • 6 years ago (2018-11-09)
  • David Flin

Toshiba has announced that it is pulling out of the £15 billon Moorside nuclear power plant project in West Cumbria, UK.

South Korea caps operations of coal and oil power plants due to air pollution

  • 6 years ago (2018-11-08)
  • David Flin

South Korea capped operations of some coal- and oil-fired power plants at 80 per cent on 7 November, as most cities, including the capital Seoul, issued an air pollution advisory.

Ansaldo to supply H-Class gas turbine for Chinese power plant

  • 6 years ago (2018-11-07)
  • David Flin

Shanghai Electric Gas Turbine Company and Ansaldo Energia have signed a contract worth about €60 million for the supply of the first Ansaldo Energia H-class GT36 gas turbine for the Minhang combined cycle power plant in China.

Gulf requires $100 billion investment for power sector over the next five years

  • 6 years ago (2018-11-06)
  • David Flin

The MENA Power Industry Outlook 2019, a report prepared by Ventures Onsite, says that the GCC region is expected to require power infrastructure investment totalling $109 billion over the next five years.