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Carbon prices enter bullish corridor

  • 10 years ago (2014-08-20)
  • Junior Isles

With prices hitting a five-month high of €6.50, energy intelligence provider ICIS Tschach has predicted a sustained increase in the price of European Trading Scheme (ETS) allowances.

First 6 MW turbine erected at Westermost Rough

  • 10 years ago (2014-08-15)
  • Junior Isles

The first of 35 Siemens 6 MW turbines has been successfully erected at the Westermost Rough offshore wind farm, a joint venture between DONG Energy (50%) and its partners Marubeni Corporation (25%) and the UK Green Investment Bank (25%).

Bangladesh approves 1200 MW coal-fired plant

  • 10 years ago (2014-08-13)
  • Junior Isles

The Bangladeshi government has approved the country’s largest development project, under which a 1200 MW supercritical coal-fired power plant will be built at Matarbari coast at a cost of Tk 359.84 billion ($4.64 billion).

China’s solar push sees 3.3 GW already added in 2014

  • 10 years ago (2014-08-11)
  • Junior Isles
China has been accelerating its adoption of solar power first half of 2014, adding 3.3 GW of installed capacity over the six months up to June 30th, according to a statement from the National Energy Administration (NEA).

Obama announces $33 billion of US investment in African infrastructure and business

  • 10 years ago (2014-08-07)
  • Junior Isles
Speaking at the first US-Africa Leaders' Summit, attended by over 40 African heads of state, US President Barack Obama revealed the US government and US companies have pledged around $33 billion of investment to fund energy and infrastructure projects across Africa.

Enel aims to acquire Endesa Latin America asset

  • 10 years ago (2014-08-01)
  • Junior Isles

Italian electric utility Enel wants to buy the entire Latin American operation of its Spanish subsidiary, Endesa, as part of a reorganisation plan, Endesa has said.

Centrica and Dong scrap 4.2 GW Celtic Array offshore wind project

  • 10 years ago (2014-07-31)
  • Junior Isles
Centrica and Dong Energy have announced they are abandoning plans to jointly develop up to 4.2 GW of offshore wind generation the Irish Sea, the Celtic Array, due to ‘challenging conditions’ which pushed up project costs.

Italy plans €2 billion grid sell off to China’s State Grid Corp

  • 10 years ago (2014-07-28)
  • Junior Isles
Italy is planning to sell a €2 billion, 35 per cent stake in its energy grid holding company CDP Reti to China's State Grid Corp, the world’s largest state utility, according to media reports.

Egypt restarts nuclear plan

  • 10 years ago (2014-07-26)
  • Junior Isles

Egypt is set to launch a tender as it restarts plans to build its first nuclear power plant, according to state-owned Al Ahram Newspaper reports.

Japan sets $4 billion coal investment target for developing nations

  • 10 years ago (2014-07-24)
  • Junior Isles
The Japanese government has reiterated its support for assisting development of efficient coal-fired power in developing nations, and has set an investment target of $4 billion a year for supporting these projects.