Japan’s Tokyo Electric Power Company (TEPCO) and a state-backed bailout fund have submitted a restructuring plan to the government.
State Grid Corp of China (SGCC), the country's largest power transmission and distribution firm, is planning to sell Shenhua Group a coal and power generation unit with assets worth about Yuan50 billion ($7.9 billion), sources have reported.
Natural gas is likely to be Australia’s new fuel source of choice in the face of a move away from coal-fired plants, prompted by the country's looming carbon tax, according to ratings agency Standard & Poor’s (S&P).
Britain and the USA have announced that they will jointly fund development work on offshore wind generation technologies that can be deployed in waters as much as 150 m deep, with the intention of opening vast new areas of ocean to development.
Centrica, the only UK company left in the running to build Britain’s new generation of nuclear plants, has threatened to pull out over uncertainty around the government’s energy policy.
Cabeólica has inaugurated a 2.5 MW wind farm on Boa Vista Island, part of the Cape Verde archipelago.
Generation from hydropower in Pakistan is increasing due to improving water flows in main rivers, according to sources in the Ministry of Water and Power. It has now reached around 2800 MW against an installed capacity of 6500 MW.
Roma Capitale, Enel Green Power (EGP) and ENEA have signed a memorandum of understanding for the testing and development of new technologies for generating zero CO2 emissions electricity from renewable sources.
French power company GDF Suez will acquire the last 30 per cent of British power firm International Power (IPR), taking full control of the company, for a further £6.8 billion.
A new Power Plant Operations Report from the US Energy Information Administration (EIA) shows significant renewables growth across many states in the last decade.