Articles - Past and present news from The Energy Industry Times

GE signs $2.7 billion power deal with Algeria

  • 10 years ago (2013-09-24)
  • David Flin
GE has signed three contracts to sell $2.7 billion in power plants to Algeria, as the country seeks to massively increase its generation capacity.

Indian Five-Year plan to add 88 537 MW of new capacity

  • 10 years ago (2013-09-22)
  • Junior Isles
The Indian government plans to add an ambitious 88 537 MW of new power generating capacity over the course of its next five year plan 2012-2017, according to a senior power ministry official.

RWE to cut dividend in face of shrinking power generation

  • 10 years ago (2013-09-21)
  • David Flin
RWE, Germany’s second-largest utility, reduced dividend payments after the country’s shift to renewable power curbed profit from gas- and coal-fired power plants.

Alstom secures new Saudi contract for 2650 MW oil plant

  • 10 years ago (2013-09-20)
  • Junior Isles
Alstom has secured a contract with Saudi Arabia to supply four 720 MW steam turbine generator sets for the Shuqaiq project, following its selection by lead contractor Hyundai Heavy Industries. The contract is worth approximately €170 million, and the Shuqaiq oil-fired plant is due to enter commercial operation in 2017.

NEPRA issues generation licences to three hydropower projects

  • 10 years ago (2013-09-17)
  • David Flin
Pakistan’s National Electric Power Regulatory Authority (NEPRA) has issued generation licences to three small hydropower plants that will generate a combined capacity of 7MW.

Ghana plans oceanic gas terminal to increase electricity generation

  • 10 years ago (2013-09-14)
  • David Flin
Ghana plans to build a floating LNG terminal off its Atlantic Ocean coast to receive imported gas that would be used to generate up to 1500MW by 2016.

Xcel to triple big solar power in new generation plan

  • 10 years ago (2013-09-10)
  • David Flin
Xcel Energy is proposing to triple the amount of large-scale solar generation in its Colorado power portfolio, according to a report the company has filed with the Colorado Public Utilities Commission.

Carlyle Group acquires 1243 MW of gas fired generation

  • 10 years ago (2013-09-09)
  • Junior Isles
US asset management firm, the Carlyle Group, has agreed to acquire the Red Oak power generation facility in Sayreville, New Jersey from Energy Capital Partners, and has also completed the purchase of five other power plants in California.

Indian government extends incentive scheme for wind power generation

  • 10 years ago (2013-09-07)
  • David Flin
The Indian government has announced that the Ministry of New and Renewable Energy will extend the scheme for generation-based incentives for grid interactive wind power projects for the 12th Plan period.

Meralco plans overseas borrowing to finance power generation business

  • 10 years ago (2013-09-04)
  • David Flin
Manila Electric Company (Meralco) of the Philippines has said that it plans to borrow abroad in order to finance its capital expenditures, particularly its venture into power generation.