Articles - Past and present news from The Energy Industry Times

IKEA powers Nordic operations with 100 per cent renewable energy

• 10 years ago (2015-05-29)

Canada, US, Mexico to set up climate change, energy working group

• 10 years ago (2015-05-27)
• Junior Isles

Canada, the United States and Mexico have agreed to establish a ministerial-level working group on climate change and energy issues.

Thames Water and Haven Power in $800 million renewable energy deal

• 10 years ago (2015-05-26)

Goldman Sachs targets $1 billion Japanese renewable bonds

• 10 years ago (2015-05-25)

As part of its 2012 plan to channel $40 billion of investment into renewable energy projects over the next decade, Goldman Sachs Group Inc plans to target $1 billion in investment within the next few years in renewable projects in Japan.

Energy chief says fossil fuels are dying out in Europe

• 10 years ago (2015-05-21)

Australia agrees renewables target

• 10 years ago (2015-05-20)
• Junior Isles

The Australian government has agreed a deal on a new Renewable Energy Target (RET) after nearly two years of political debate. The government has says it will reduce the RET to 33 000 GWh by 2020.

E.On to build £1.3 billion windfarm on Sussex coast

• 10 years ago (2015-05-19)

The British government has announced that construction on the 400 MW, £1.3 billion ($2.02 billion) Rampion windfarm will take place next year off the coast of Sussex.

Fossil fuels subsidised by $10 million every minute, according to IMF

• 10 years ago (2015-05-18)
• Junior Isles

A startling new report by the International Monetary Fund (IMF) has today stated that fossil fuel companies receive some £3.4 trillion ($5.3 trillion) in subsidies each year – which is equivalent to nearly $10 million every day.

ZF to acquire Bosch Rexroth wind turbine operation

• 10 years ago (2015-05-14)

The deal provides ZF with a ready-made entry point into the industrial gears market, as well as underpinning its existing wind turbine gearbox activities - especially as the Beijing factory is aimed solely at producing wind turbine gearboxes.

Stefan Sommer, ZF CEO, said: "The acquisition of the industrial gears and turbine gearbox of Bosch Rexroth AG is an excellent supplement to our industrial technology portfolio and opens up new customer groups."

Bosch Rexroth's large gearbox business generated about $340.9 million in sales last year.

CEZ eyes central Europe assets

• 10 years ago (2015-05-13)
• Junior Isles

Czech power company CEZ says it is keeping an eye on potential investment in assets in central Europe that its Swedish and Italian rivals may sell, although it admits there are few immediate and attractive takeover targets.