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IFC to support Nigerian power generation

  • 11 years ago (2013-08-24)
  • David Flin
The International Finance Corporation (IFC), a member of the World Bank, has announced a plan to support investments that will add 1500MW of power generation capacity to the Nigerian national grid over the next 18 months.

Chinese wind expansion slow down benefits Huaneng Renewables

  • 11 years ago (2013-08-21)
  • Junior Isles
Huaneng Renewables Corp., a clean energy unit of China’s largest generator China Huaneng Group Corp., has seen its earnings for the first half of 2013 more than double, year-on-year, thanks to a boom in wind power sales.

Thailand to invite proposals for grass power plants

  • 11 years ago (2013-08-20)
  • David Flin
Thailand’s Department of Alternative Energy Development and Efficiency is expected to invite interested parties to submit proposals for a Napier grass-based electricity generation project.

RWE announces northern European plant closures

  • 11 years ago (2013-08-17)
  • Junior Isles
RWE AG, Germany’s second largest utility, will be closing power plants in an attempt to put its electricity generating business back in the black, according to a company statement.

Ghana to meet power generation target

  • 11 years ago (2013-08-17)
  • David Flin
Ghana’s Minister for Energy and Petroleum, Emmanuel Armah-Kofi Buah, has said that the country is on course to achieve it targeted power generation capacity of 5000MW by 2016.

Renewables dominate Australian power proposals

  • 11 years ago (2013-08-13)
  • Junior Isles
A new report from the Australian Energy Market Operator (AEMO) has highlighted the rapidly changing nature of Australia’s coal-fired dominated energy mix, with all new generation proposals received in the last 12 months being for large scale wind farms or solar facilities.

RWE shuts 20 per cent of its German gas power capacity

  • 11 years ago (2013-08-13)
  • David Flin
RWE, Germany’s second-largest utility, has announced that it is closing almost 20 per cent of its natural gas-fired power capacity in Germany as low demand for electricity made the plants unprofitable.

Indian private power investment down almost 50 per cent

  • 11 years ago (2013-08-11)
  • Junior Isles
Private investment in India’s power sector decreased by an enormous 44 per cent over the last financial year, down from 98 283 crore ($16 billion) to Rs 54 953 crore ($9 billion), according to power minister Jyotiraditya M Scindia.

Nigeria seeks $450 million from IDB for electricity development

  • 11 years ago (2013-08-10)
  • David Flin
Nigeria is seeking around $450 million from the Islamic Development Bank (IDB) to help raise the country’s total electricity generation capacity to 20,000MW, while already facing debts of around $6.67 billion.

GDF Suez to sell stake in Portuguese power assets

  • 11 years ago (2013-08-07)
  • Junior Isles
GDF Suez SA has agreed to sell 50 per cent of its stake in a selection of thermal and renewable power generation assets in Portgual to Japan’s Marubeni Corp, according to media reports.