Bucharest has made renewable energy its priority as it tries to meet tough EU carbon emissions goals requiring 20 percent of power generation to come from renewables by 2020.
GE announced that it has signed a contract to acquire Dresser, Inc., a global energy infrastructure technology and service provider in a deal worth $3 billion.
Electricity prices in Europe reached a new high in September, rising for the fourth consecutive month, according to Austrian energy regulator E-Control.
U.K. gas and electricity demand this winter is expected to be "manageable" and should be met even in a very cold winter, the gas and power network operator National Grid PLC has said in its winter outlook report.
Private equity firm Kohlberg Kravis Roberts & Co (KKR.N) has bought a 9 percent stake in India's Avantha Power & Infrastructure Ltd for 2.17 billion rupees ($49 million) ahead of the utility's IPO.
Head of the Atomic Energy Organization of Iran (AEOI) Ali Akbar Salehi has announced that the Bushehr nuclear power plant will reach its nominal generating capacity in spring.
GE Energy has signed agreements worth approximately $700 million to supply power generation equipment and long-term services for a new gas-fired, independent power plant that will help Saudi Arabia, the Middle East's largest economy, meet a growing need for residential and industrial power.
US State New York could reliably boost power generation from wind from the current 1275 MW to 8000 MW by 2018, according to a new study by the state grid operator.
Reliance Power, India's top private energy company, has negotiated the country's biggest financing deal, raising more than $11 billion to build 10 GW of thermal power generation capacity.
The Malaysian government has announced it is planning to build two 1000 MW coal-fired power plants. This follows the cancellation of power transmission from the Bakun Hydroelectric project, said Energy, Green Technology and Water Minister Datuk Peter Chin Fah Kui.