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RWE suffers write-down due to low plant profitability

  • 10 years ago (2014-01-29)
  • Junior Isles
Declines in the profitability of conventional power plants will force RWE to write down €3.3 billion worth of assets in the German utility giant’s 2013 earnings report, according to a company statement, with some analysts speculating that RWE will declare a net loss.

Kenya plans transition to geothermal

  • 10 years ago (2014-01-29)
  • Junior Isles
Kenya is to more than double power generation from its Olkaria geothermal fields this year, with power producer KenGen set to commission additional capacity from two existing power generation plants with a combined capacity of 280 MW.

UK launches distributed energy funding scheme

  • 10 years ago (2014-01-27)
  • Junior Isles
The UK’s Department of Energy and Climate Change (DECC) this week unveiled a new ‘Community Energy Strategy’ report, aimed at encouraging decentralised power generation via community ownership.

Mott MacDonald appointed owner’s engineer on Turkish power plant

  • 10 years ago (2014-01-26)
  • Junior Isles

Mott MacDonald has been appointed owner’s engineer by Icanadolu Doğalgaz Elektrik Üretim ve Ticaret A. Ş. – a subsidiary of Gama Enerji A. Ş. – for a new 840 MW combined cycle gas turbine power plant in Kirikkale, Central Anatolia, Turkey.

Dewa to pilot CSP plant

  • 10 years ago (2014-01-23)
  • Junior Isles

The Dubai Electricity and Water Authority (Dewa) has signed an agreement to pilot the Middle East’s first Stirling Engine Concentrated Solar Power (CSP) plant.

Renewable lobby unhappy with EU proposal

  • 10 years ago (2014-01-22)
  • Junior Isles

Europe’s renewables lobby has reacted angrily to the EU’s Whitepaper on energy and climate change. The European Commission presented its proposal for a climate and energy framework 2030. The proposal includes a binding greenhouse gas emissions reduction target of 40 per cent and a binding EU-level target of 27 per cent for renewable energy.

Ukraine suffers 2013 generation fall due to low nuclear output

  • 10 years ago (2014-01-21)
  • Junior Isles
Ukraine suffered a 2.3 per cent year-on-year fall in its power generation output during 2013, with generation falling by 4.556 TWh to 193.563 TWh overall, an Energy and Coal Industry Ministry source has revealed.

Draft proposal cuts German renewables support

  • 10 years ago (2014-01-19)
  • Junior Isles
Germany's economy minister and leader of the SDP, Sigmar Gabriel, plans to cut the feed-in-tariff (FiT) support level for solar and wind power generators by about a third from 2015, according to a draft cabinet proposal.

Cinotec signs memorandum for Pakistani regional hydro plants

  • 10 years ago (2014-01-17)
  • Junior Isles
Chief Minister of Pakistan’s Khyber Pakhtunkhwa province, Pervez Khattak, has expressed confidence this week that investment by the Chinese government and private firms would help overcome the province’s energy crisis.

CASE to construct $250 million coal-fired plant in Zimbabwe

  • 10 years ago (2014-01-17)
  • Junior Isles
China-Africa Sunlight Energy (CASE) will invest $250 million in the construction of a 600 MW coal-fired plant in Gwayi, Zimbabwe, a company official has confirmed.