Bolivian president Evo Morales said he is nationalising and seizing control of the main power grid from Spanish-owned Red Eléctrica Corporaciión, which has operated most of Bolivia's electricity distribution since privatisation 15 years ago.
The Bahrain Government and the Malaysian independent power producer Malakoff Corporation Berhad (MCB) have signed an investment agreement in Hidd Power Company (HPC).
Wingas GmbH, one of Germany’s largest importers of natural gas, claims the German government needs to improve investment conditions for gas-fired power plants if it is to ensure continued energy security.
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.