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Siemens bets over $1billion on continued gas turbine growth

  • 13 years ago (2012-01-20)
  • David Flin

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.

Cold weather and plant outages push up Alberta power prices

  • 13 years ago (2012-01-18)
  • David Flin

Power prices in the Canadian province of Alberta soared after two generation facilities tripped off-line during a severe cold spell.

Shale glut drives down power profit margins

  • 13 years ago (2012-01-18)
  • David Flin

A shale-gas glut has driven down electricity prices for the US power industry by around 50 per cent since 2008 and reduced investment in costlier sources of energy, according to a research report by Aneesh Prabhu, a Credit Analyst with Standard & Poor’s Financial Services LLC.

AFC announces industrial scale generation from hydrogen fuel cells

  • 13 years ago (2012-01-17)
  • David Flin

Shares in industrial alkaline fuel cell maker AFC Energy have risen on the company’s announcement that it has started electrical power generation at AkzoNobel's Bitterfield plant in Germany.

Carbon markets rise in 2011, despite Europe price slump

  • 13 years ago (2012-01-14)
  • Junior Isles

The global carbon market value rose 4 per cent in 2011, despite the largest market, Europe, experiencing a price slump, according to analysis by Thomson Reuters Point Carbon.

GVK to add 6800 MW of capacity in Andhra Pradesh

  • 13 years ago (2012-01-14)
  • Junior Isles

Major Indian infrastructure firm GVK Group will invest Rs 40 000 crore in order to add 6800 MW of generation to its existing capacity, according to a top executive of  GVK Power.

Iran to connect its power grid to Russia

  • 13 years ago (2012-01-13)
  • David Flin

According to the Tehran Times, Homayoun Haeri, Managing Director of Iran Power Generation, Transmission and Distribution Management Company (TAVANIR), said that Iran plans to connect its national power grid to Russia by March 2013.

APGenco to add 3210 MW in 2 years

  • 13 years ago (2012-01-11)
  • David Flin

India’s Andhra Pradesh Power Generation Corporation (APGenco) has announced that it is planning to add 3210 MW to its total capacity over the next 2 years.

Malaysia offers to sell electricity to Singapore

  • 13 years ago (2012-01-06)
  • David Flin

Malaysia’s Prime Minister Datuk Seri Najib Abdul Razak said that Malaysia has offered to sell electricity to Singapore as the countries explore new opportunities for future collaborations.

Pakistan sets 1500 MW wind target for 2013

  • 13 years ago (2012-01-05)
  • Junior Isles

Pakistani Federal Minister for Water and Power, Syed Naveed Qamar has said that the government has set a target of 1500 MW from wind power generation by 2013 and procedures have been simplified in order for investors to reach the target.