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Siemens to buy Rolls-Royce energy business

  • 11 years ago (2014-05-07)
  • Junior Isles

German industrial giant Siemens AG announced that it will buy large parts of Rolls-Royce PLC’s energy business in a move aimed at strengthening the German company’s power generation and transmission business.

Pakistan reveals 13 GW of upcoming power projects

  • 11 years ago (2014-05-06)
  • Junior Isles
Pakistan’s Water and Power Minister, Abid Sher Ali, has outlined a list of almost 13 GW of upcoming power projects set to be inaugurated by the Prime Minister Nawaz Sharif.

Turkey in China talks for $10 billion power investment deal

  • 11 years ago (2014-05-05)
  • Junior Isles
Turkey and China are involved in talks on a $10-12 billion investment deal for the Afsin-Elbistan coalfield and power plant project in southern Turkey, according to Turkish Energy Minister Taner Yildiz.

Siemens pursues Rolls-Royce power deal alongside Alstom

  • 12 years ago (2014-05-01)
  • Junior Isles
Rolls-Royce has revealed that it is in discussions to sell its power generation assets to Siemens AG, further complicating the succession of asset sales prompted by the GE-Siemens tussle over Alstom.

GE-Siemens in Alstom bidding war

  • 12 years ago (2014-04-29)
  • Junior Isles
The battle for the acquisition of Alstom SA has stepped up a gear with Munich’s Siemens AG planning a bid to counter General Electric’s attempt to buyout Alstom’s power business.

GE highlights “incredible potential” in Indian solar business

  • 12 years ago (2014-04-28)
  • Junior Isles
GE has said this week that Indian solar technology’s “incredible potential” has inspired it to invest $24 million in India’s largest solar plant – Welspun Energy Ltd.’s 151 MW solar PV facility in Neemuch, Madhya Pradesh state.

UK awards subsidy contracts to 4.5 GW of new renewables

  • 12 years ago (2014-04-24)
  • Junior Isles
The UK government has awarded investment contracts to eight renewable energy projects, including five offshore wind farms and three biomass plants together worth £12 billion, under a new power subsidy regime.

Namibia plans $1 billion power infrastructure overhaul

  • 12 years ago (2014-04-22)
  • Junior Isles
Namibia’s national power utility, NamPower, has unveiled joint plans with private utilities to invest over US$1 billion in the Southern African country’s power generation infrastructure as part of a plan to head off the prospect of serious power shortages.

LS power acquires 3500 MW of Midwest generation from Calpine Corp

  • 12 years ago (2014-04-21)
  • Junior Isles
US power infrastructure firm, LS Power Equity Advisors LLC (LS Power), has announced that it has signed an agreement to acquire approximately 3500 MW of generation capacity from Calpine Corp. for $1.57 billion in cash.

GE reaffirms commitment to Nigeria

  • 12 years ago (2014-04-15)
  • Junior Isles
US giant General Electric has said it will be working with the Nigerian government and generation companies to double Nigeria’s total generation capacity from 5000 MW to 10 000 MW by 2019.