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GE-Siemens in Alstom bidding war

  • 10 years ago (2014-04-29)
  • Junior Isles
The battle for the acquisition of Alstom SA has stepped up a gear with Munich’s Siemens AG planning a bid to counter General Electric’s attempt to buyout Alstom’s power business.

GE highlights “incredible potential” in Indian solar business

  • 10 years ago (2014-04-28)
  • Junior Isles
GE has said this week that Indian solar technology’s “incredible potential” has inspired it to invest $24 million in India’s largest solar plant – Welspun Energy Ltd.’s 151 MW solar PV facility in Neemuch, Madhya Pradesh state.

UK awards subsidy contracts to 4.5 GW of new renewables

  • 10 years ago (2014-04-24)
  • Junior Isles
The UK government has awarded investment contracts to eight renewable energy projects, including five offshore wind farms and three biomass plants together worth £12 billion, under a new power subsidy regime.

Namibia plans $1 billion power infrastructure overhaul

  • 10 years ago (2014-04-22)
  • Junior Isles
Namibia’s national power utility, NamPower, has unveiled joint plans with private utilities to invest over US$1 billion in the Southern African country’s power generation infrastructure as part of a plan to head off the prospect of serious power shortages.

LS power acquires 3500 MW of Midwest generation from Calpine Corp

  • 10 years ago (2014-04-21)
  • Junior Isles
US power infrastructure firm, LS Power Equity Advisors LLC (LS Power), has announced that it has signed an agreement to acquire approximately 3500 MW of generation capacity from Calpine Corp. for $1.57 billion in cash.

GE reaffirms commitment to Nigeria

  • 10 years ago (2014-04-15)
  • Junior Isles
US giant General Electric has said it will be working with the Nigerian government and generation companies to double Nigeria’s total generation capacity from 5000 MW to 10 000 MW by 2019.

Alstom announces €225 million Iraqi power equipment deal

  • 10 years ago (2014-04-15)
  • Junior Isles
French multinational power giant Alstom has won a contract worth approximately €225 million ($312 million) to provide power generation equipment to Iraq’s 1642 MW Al-Anbar gas-fired combined-cycle power plant.

Iran to start nuclear expansion this year

  • 10 years ago (2014-04-14)
  • Junior Isles
Ali Akbar Salehi, head of the Iranian Atomic Energy Organization (AEOI), has said that Iran expects to begin construction of its second nuclear plant, using ‘local experts’, as early as this year.

Chinese consortium to fund two 660 MW Pakistani plants

  • 10 years ago (2014-04-13)
  • Junior Isles
An unnamed Chinese consortium is to build two new 660 MW power plants in the Pakistani province of Sahiwal, according to news reports.

AEP predicts stronger role for coal than previously thought

  • 10 years ago (2014-04-10)
  • Junior Isles
Ohio based American Electric Power (AEP), one of the US’ largest power utilities, has updated its forecast energy mix for 2020, revising its estimate for coal-fired generation to 51 per cent from its previous projection of 46 per cent, according to company spokesperson Tammy Ridout.