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Ruzizi III hydropower project secures additional finance

  • 8 years ago (2016-03-17)

Ruzizi III, a hydroelectric power project shared by Rwanda, Burundi and the Democratic Republic of Congo, is in line to get an extra $24.17 million from the African Development Bank (AfDB).

SSE sells stake in flagship wind farm

  • 8 years ago (2016-03-15)
  • David Flin

The UK utility SSE has announced that it is selling a 49.9 per cent stake in the 350 MW Clyde wind farm in South Lanarkshire, Scotland, for £355 million.

Tasmania’s Power Shortage Reaches Crisis Levels

  • 8 years ago (2016-03-14)
  • David Flin
Until recently, the Australian island state of Tasmania imported 30 per cent of its electricity from coal-fired plants on the mainland through the Basslink power and communications cable, while 60 per cent came from the island’s hydroelectric dams and stations, and 10 per cent from wind farms.

Siemens to build rotor blade factory for wind turbines in Morocco

  • 8 years ago (2016-03-11)
  • David Flin

Siemens and the Moroccan Government have agreed that Siemens will build a factory in Morocco to manufacture rotor blades for onshore wind turbines, creating up to 700 jobs. Construction of the factory is scheduled to start I spring 2016, and it is scheduled to start operations in spring 2017.

Ontario offers contracts to 11 firms to build new renewable energy projects

  • 8 years ago (2016-03-11)
  • David Flin
Ontario province in Canada has selected the companies that will build the next round of renewable energy projects, following a competitive-bidding process that will see wind and solar power generated at lower prices than previously.

Georgia Power becomes first US retail electric utility to offer Green Bonds

  • 8 years ago (2016-03-10)
  • David Flin

Georgia Power has announced that it has completed the issuance of $325 million of Green Bonds, becoming the first retail electric utility in the USA to offer this type of security to support investment into renewable generation.

Natural gas-fired power generation to exceed coal in USA in 2016

  • 8 years ago (2016-03-09)
  • David Flin

The US Energy Information Administration (EIA) has, in its latest monthly Short Term Energy Outlook, said that it expects lower natural gas prices to result in natural gas powering 33.4 per cent of US electricity generation in 2016, compared with 32 per cent for coal.

Bechtel and BWXT join forces for SMR development

  • 8 years ago (2016-03-08)
  • David Flin

Bechtel has announced that it will join forces with BWX Technologies to accelerate development of a factory-built nuclear reactor with the goal of producing the world’s first viable Generation III plus plus modular nuclear power plants.

Hinkley Point C nuclear power project under threat

  • 8 years ago (2016-03-07)
  • David Flin
The £18 billion Hinkley Point C nuclear power project in the UK appeared to be in difficulties after reports that Thomas Piquemal, Finance Director of EDF, had resigned.