Articles - Past and present news from The Energy Industry Times

Galaxy Consortium to invest $2 billion in Pakistan hydropower sector

  • 10 years ago (2013-07-13)
  • David Flin
The Galaxy Consortium has signed an agreement with the Khyber Pakhtunkhwa provincial government to invest $2 billion to develop a 1000MW hydropower plant.

Iran to increase the pace of power privatisation

  • 10 years ago (2013-07-11)
  • Junior Isles
Iran will privatise a further 22 power plants during the coming Iranian calendar year, ending March 20, 2014, according to power sector privatisation project manager Bahman Allahmoradi.

World Bank supports new capacity in Egypt

  • 10 years ago (2013-07-09)
  • David Flin
The Board of Executive Directors of the World Bank have approved a $585.4 million Helwan South Power Plant project, a gas-fired power plant that will contribute 10 per cent of Egypt’s new generation capacity to be added by 2018.

Ikea and Hanergy to cooperate on solar power generation

  • 10 years ago (2013-07-06)
  • David Flin
Swedish home furniture giant Ikea Group is cooperating with the Chinese solar panel company Hanergy Holdings Group on a grid-connected solar power generation project for all the Ikea stores in China as well as Ikea’s selected suppliers.

Origin Energy acquires state owned generator

  • 10 years ago (2013-07-02)
  • Junior Isles
Australian firm Origin Energy Ltd is to pay A$659 million for New South Wales’s state-owned generator Eraring Energy, as part of a A$3 billion power privatisation sell-off.

Renewables to surpass gas in global power mix by 2016

  • 10 years ago (2013-07-02)
  • David Flin
The International Energy Agency (IEA) has said that it expects power generation worldwide from hydro, wind, solar and other renewable sources will exceed gas and be twice that from nuclear by 2016.

UK grants offshore wind triple market electricity price

  • 10 years ago (2013-06-29)
  • David Flin
The UK will pay offshore wind developers triple the market price for electricity they generate under a subsidy programme to boost renewable energy.

Sri Lanka’s power authority to continue with fuel surcharge

  • 10 years ago (2013-06-25)
  • David Flin
Sri Lanka’s state-run power authority, the Ceylon Electricity Board (CEB), will continue to bill the fuel surcharge it added despite a marked increase in hydropower generation in the country.

HECO asks regulators to approve low-cost power generation

  • 10 years ago (2013-06-22)
  • David Flin
Hawaiian Electric Co. is asking US state regulators for permission to negotiate with the developers of five renewable energy projects that want to sell electricity to the utility for one-third less than HECO’s current cost of generating power.

GE and RDIF launch joint micro plant project

  • 10 years ago (2013-06-19)
  • Junior Isles
US multinational General Electric (GE) and the Russian Direct Investment Fund (RDIF) are to sign a memorandum of understanding launching a joint venture to construct an array of miniature power plants for manufacturing companies across Russia.