The European Investment Bank (EIB) has agreed to provide a €1.1 million grant to enhance planning and study the feasibility of exporting geothermal electricity from Dominica to Martinique and Guadeloupe in the Caribbean.
Foster Wheeler has announced that a subsidiary of its Global Engineering and Construction Group has been awarded a project management consultancy (PMC) contract by 2Co Power (Yorkshire) Limited (2Co) for the Don Valley Power Project in Stainforth, Yorkshire, UK.
Nigerian Government has said it will slow down its plan for establishing new power generating stations by 2014.
The Spanish government has suspended subsidies for new renewable energy projects as part of its efforts toward a deficit reduction strategy.
The Desertec Foundation has announced that it will construct a 2000 MW concentrating solar power (CSP) plant in Tunisia, to export electricity 600 km through a new submarine transmission line to Italy.
US coal giant Peabody Energy has hired UBS to assist in finding a buyer for its Australian Wilkie Creek coal mine, a move likely to kindle interest from several Asian nations, vying to secure coal supply for their growing fleet of power plants.
Saudi Arabia leads the Middle East in demand for rental power generators, according to Shrikant Pataskar, the general manager of the Dubai branch of Kirloskar. He also predicted a 20 per cent growth for the industry in 2012 with much of this coming from Saudi customers.
The California Independent System Operator (ISO) has released a new five-year strategic plan, which includes adapting operations to an estimated four-fold increase in wind and solar generation within its transmission grid, as well as an increase in electric vehicle charging.
With demand for energy rising rapidly in Sri Lanka’s Eastern province, the Sri Lankan government has announced that it will proceed with the establishment of a coal-fired power plant at Sampoor in the Trincomalee district of the Eastern province.
Siemens AG has earmarked over €1 billion ($1.3 billion) to expand its production of gas turbines and fend off GE as they compete for larger shares of the expanding gas turbine market.