GE Energy Storage and Xtreme Power have formalised a strategic alliance to work together to provide energy storage solutions.
Peter Kent, Canada’s federal Environment Minister, said that the country plans to start applying a new performance standard of 420 mt of CO2/GWh to its coal-fired power plants in 2015.
GE has announced plans to expand and enter the power supply business in Japan.
Fortescue Metals Group has confirmed the sale of its Solomon ore mine power station in Pilbara region, Western Australia, to Canada's TransAlta for A$294.9 million ($300m). Fortescue is trimming assets in order to raise the funds to meet its debt obligations in the face of slumping iron ore prices.
President Barack Obama has encouraged US government agencies to incentivise industrial energy efficiency through emissions trading, grants and loans, in an Executive Order signed last week.
A fire at the Agus Power Plant in Mindanao resulted in a shutdown of the units, and data from the National Grid Corporation of the Philippines showed that Mindanao experienced a power deficiency of 320 MW.
Japanese Environment Minister Goshi Hosono has released Japan’s new post-Fukushima power strategy, which aims to boost the generating capacity of four renewable energy sources by more than six-fold and make it possible to eliminate all nuclear power, all by 2030.
Large parts of Cyprus were plunged into darkness after what appeared to be an explosion at the Vasiliko Power Station in Moni, bringing memories of last year’s fatal explosion at Mari.
Iran has increased its electricity generation capacity by 4 GW since March 20th 2011, the beginning of the previous Iranian calendar year, deputy energy minister Mohammad Behzad has said. Iran’s total power generating capacity currently stands at 65.2 GW.
A delegation from South Korea’s Ministry for National Restoration has expressed keen interest for investing in the construction of the 4500 MW Diamer Bhasha Dam project and the 969 MW Neelum-Jhelum hydropower project.