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Hyundai and Metka win Iraq power plant deals

  • 12 years ago (2011-09-30)
  • David Flin

Iraq’s cabinet has approved deals with South Korea’s Hyundai Engineering Company and Greece’s Metka to build power plants in the southern oil hub of Basra.

UK renewables approach all time high of 10 per cent

  • 12 years ago (2011-09-30)
  • Junior Isles

Renewable electricity contributed an all time high of 9.6 per cent of the UK's power generation mix in the second quarter of this year, statistics released by the UK Department of Energy and Climate Change have revealed.

Gazprom looks to northern Asia to complement European expansion

  • 12 years ago (2011-09-28)
  • Junior Isles

Russian gas giant Gazprom, which has recently begun actively studying power generation markets in Europe, is also interested in being part of electricity generation and sales in Northeast Asian countries.

Kepco needs $1.7 billion loan

  • 12 years ago (2011-09-28)
  • David Flin

Kansai Electric Power Co (Kepco) has said that it plans to borrow $1.7 billion to pay the higher costs of thermal power generation, which has increased with the lack of availability of its nuclear plants pending Japan’s safety review.

China proposes stronger emissions standards for thermal power

  • 12 years ago (2011-09-23)
  • Junior Isles

China is to strengthen its emission standards for thermal power plants, a main source of pollution, as it strives to combat worsening environmental degradation.

Azerbaijan plans 1400 MW increase

  • 12 years ago (2011-09-23)
  • Junior Isles

Azerenergy, Azerbaijan's largest power company, intends to increase the country's power grid capacity by 1400 MW by late 2012, Azerenergy Investment Office Chief Rafael Abbasov has said at a conference.

OPIC approves $310 million for geothermal project in Kenya

  • 12 years ago (2011-09-23)
  • David Flin

The Board of Directors of the Overseas Private Investment Corporation (OPIC), the US Government’s development finance institution, has approved up to $310 million in financing for a project to increase the capacity of the Olkaria geothermal power plant in Kenya from 48 MW to 100 MW.

EIA predicts world energy use to increase 53 percent by 2035

  • 12 years ago (2011-09-21)
  • David Flin

The US Energy Information Administration (EIA) has released its report International Energy Outlook 2011 (IEO2011). The report presents projections for world energy markets through 2035.

Alstom receives $4.1m in wind research funding

  • 12 years ago (2011-09-20)
  • Junior Isles

Alstom has received $4.1m in research funding from the US Department of Energy (DOE) to develop advanced control systems and integrated sensors that increase cost-efficiency of offshore wind turbines.

UK set to miss 80 per cent emissions cut

  • 12 years ago (2011-09-19)
  • Junior Isles

UK companies are “nowhere near” to achieving the government’s target of an 80 per cent cut in emissions by 2050, according to a report by ENDS (Environment Data Services).