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France backs new GE proposal for Alstom

  • 10 years ago (2014-06-21)
  • Junior Isles

The French government has conditionally backed a new proposal by GE for Alstom, despite a sweetened offer from Siemens and Mitsubishi Heavy Industries (MHI). The groups have been locked in a battle to buy the troubled French engineering giant.

Zambia’s CEC outlines $2.5 billion of hydro investment

  • 10 years ago (2014-06-19)
  • Junior Isles
Zambia’s Copperbelt Energy Corporation (CEC) is planning to invest $2.5 billion in a new 700-800 MW hydroelectric power plant on the Luapula River in Luapula Province.

Siemens, Mitsubishi move for Alstom

  • 10 years ago (2014-06-17)
  • Junior Isles

Siemens of Germany and Mitsubishi Heavy Industries of Japan have jointly offered to buy parts of France engineering company Alstom in a move that could trump a competing bid by General Electric.

Globeleq acquires 300 MW of gas and oil capacity in Cameroon

  • 10 years ago (2014-06-17)
  • Junior Isles
Globeleq, sub-Saharan Africa’s leading independent power generator, has acquired a majority interest in over 300 MW of natural gas and oil generation capacity in Cameroon.

German experts raise nuclear plant safety worries in Ukraine

  • 10 years ago (2014-06-11)
  • Junior Isles
The ongoing crisis in Ukraine exacerbates the risks presented by the country’s 15 Soviet-era nuclear reactors, according to German nuclear safety experts.

IEA predicts natural gas boom in China

  • 10 years ago (2014-06-10)
  • Junior Isles
The IEA has projected a near doubling of Chinese gas demand through to 2019 in its 2014 Medium-Term Gas Market Report released this week, as the gas golden age being experienced in North America shifts to the Far East.

US-China solar dispute intensifies

  • 10 years ago (2014-06-07)
  • Junior Isles

The US has moved to close a loophole that allowed Chinese solar manufacturers to avoid anti-dumping and anti-subsidy tariffs by assembling their products outside China.

Renewable generation breaks records again in 2013

  • 10 years ago (2014-06-06)
  • Junior Isles
The latest Renewables Global Status Report by REN21, the renewable energy policy network, has revealed that global renewable electricity capacity rose to a yet higher record level in 2013, reaching 1560 GW – an 8 per cent rise on the 2012 figure.

World needs $48 trillion to meet energy needs to 2035

  • 10 years ago (2014-06-04)
  • Junior Isles

Meeting the world’s growing need for energy will require more than $48 trillion in investment over the period to 2035, according to a special report on investment released by the International Energy Agency (IEA) as part of the World Energy Outlook series.

EPA reveals power plant emissions proposals

  • 10 years ago (2014-06-04)
  • Junior Isles
The US Environmental Protection Agency (EPA) has finally unveiled its proposals for new federal regulation of the power sector, with a target that carbon dioxide emissions from power generation must be cut by 30 per cent on 2005 levels by 2030.