Ontario Power Generation (OPG) has signed a $600 million contract for the initial phase of the refurbishment of its Darlington nuclear power plant.
Intelligent Energy Ltd., a UK producer of hydrogen-based fuel cells, said growing demand in Asian for small-scale power generation has allowed it to raise $35 million to finance expansion.
Centrica Plc, the UK’s biggest residential gas supplier, may mothball a further three of its eight gas-fired power plants, after already announcing the closure of two.
According to an Ernst & Young survey, Spain, which was the top-ranked renewable energy market for investors five years ago, has dropped out of the top 10 after suspending subsidies for new generation.
Bangladesh has decided it will not commission any additional oil-based power plants, as fuel costs have increased to uneconomic levels. Instead it will focus on coal and renewable generation for the long term, Alamgir Kabir, Bangladesh Power Development Board Chairman ASM, has said.
The government of Alberta, in Canada, has announced that it has accepted all of the recommendations of the Critical Transmission Review Committee, and will be proceeding with two new transmission lines between Edmonton and Calgary.
Europower of Belgium has announced that it has formed a strategic partnership with Sydney and Samuels International, a Nigerian IPP, to supply gensets to the Nigerian market.
British coal-fired power producer Drax has scrapped its plans to build a dedicated biomass in North Yorkshire, but says it is ready to invest in biomass-fuelled power generation if the appropriate regulatory support is forthcoming.
UK Prime Minister David Cameron and French President Nicolas Sarkozy are to sign an accord on civilian nuclear cooperation in light of the British government’s plan to build a new generation of power stations.
National Grid and ScottishPower have awarded a £1 billion contract to Siemens and cable manufacturer Prysmian for construction of the first sub-sea electricity link between Scotland and England.