Kenya Electricity Generating (KEG) Co., Kenya’s primary power producer, reaped the benefits of heavy rains last month as speculators converged and boost its share price. High rainfall is predicted to help the company’s hydroelectric projects increase their electricity output.
It has been announced that construction of what is claimed to be the world’s largest battery energy storage station has been completed in China.
The US Environmental Protection Agency has been forced to delay its January 1, 2012 implementation of new rules on interstate air pollution after a federal court ruled in favour of electric power producers seeking to defeat the new regulations.
India’s state-run National Thermal Power Corporation (NTPC) has signed an agreement with Madhya Pradesh Power Trading Company to supply electricity from a 50 MW solar plant, the biggest such unit in the country currently under implementation.
The newly corporatised Punjab State Power Corporation Limited (PSPCL), created after the unbundling of the Punjab State Electricity Board, has continued to experience high transmission and distribution power losses and a “mammoth” gap in the revenue requirement to meet its costs.
Wärtsilä has been awarded a €150 million contract to supply a complete dual-fuel power plant to the Dominican Republic.
The UK government's planned changes to solar power subsidies may deal the industry a "fatal blow", two separate parliamentary committees have warned.
German utility RWE AG and Russian giant OAO Gazprom have ended talks aimed at creating a joint venture to build and operate power plants in Europe after failing to agree on a deal, Bloomberg reports.
The Yomiuri Shimbun has reported that Japan’s Economy, Trade and Industry Ministry (METI) has plans to require electric power companies to hold open bidding and compete with IPPs when they plan to build new thermal power plants or add generators to existing plants.
MidAmerican Energy Holdings has announced that it will acquire a 49 percent stake in the 290 MW Agua Caliente solar photovoltaic (PV) project, located in Arizona, USA, from NRG Energy.