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GE to move US jobs to France and China in fight over export credits

  • 9 years ago (2015-09-16)
  • David Flin
GE has revealed plans to shift up to 500 US manufacturing jobs to Europe and China because it can no longer access EXIM financing from the US Export-Import Bank.

California fire damages part of geothermal power generator

  • 9 years ago (2015-09-15)
  • David Flin
Forest fires have damaged five cooling towers at the Geysers geothermal power generation facility in northern California.

EU clears GE takeover of Alstom on condition it sells parts of heavy duty gas turbine business

  • 9 years ago (2015-09-14)
  • David Flin

GE has been given clearance from European and US anti-trust regulators to buy most of Alstom’s energy business.

Solar power investment planned for Australia

  • 9 years ago (2015-09-14)
  • David Flin
Two of Australia’s renewable energy agencies are planning a large investment into solar power which could see the construction of up to ten large-scale power plants.

ABB announce plans to save $1 billion by creating new power grids division

  • 9 years ago (2015-09-10)

ABB has announced plans to slim down to four divisions as part of a wider programme of saving $1 billion across its 140,000 workforce. The main plank in this programme is the merger of its Power Products and Power Systems divisions into a new Power Grids division.

More delays to Hinkley Point C nuclear power plant

  • 9 years ago (2015-09-08)
  • David Flin
The planned Hinkley Point C Nuclear Power Plant in Somerset in the UK has received another setback, and the developer EDF has said that the project may be further delayed.

GE looks set to secure approval for Alstom deal

  • 9 years ago (2015-09-07)
  • David Flin
GE looks likely to win EU approval for its $14 billion deal to buy Alstom’s energy assets.

Subsidy review could reduce Finnish wind power

  • 9 years ago (2015-09-04)

The government of Finland has proposed a November 2017 deadline for granting wind subsidies for power plants, because new applications had started exceeding a previously set capacity limit.