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Japan’s solar growth depends on banks ending loan drought

  • 13 years ago (2011-08-26)
  • David Flin

Japan’s plans for a rapid expansion of solar power is facing difficulties, with a lack of bank financing proving to be a problem.

Earthquake causes North Anna reactors to shut down automatically

  • 13 years ago (2011-08-24)
  • David Flin

A 5.8 magnitude earthquake struck Virginia, USA, causing minimal damage. Dominion Virginia Power’s two North Anna nuclear reactors shut down automatically as a result of the earthquake.

India to reach 20 000 MW of nuclear generation in 20 years

  • 13 years ago (2011-08-22)
  • Junior Isles

India's nuclear power generation capacity is expected to reach 20 000 MW in around two decades, a top official at the Indira Gandhi Centre for Atomic Research (IGCAR) has said.

China's big five suffer significant losses

  • 13 years ago (2011-08-22)
  • Junior Isles

China's big five power generation companies: Datang Corpeoration, Guodian Corperation, Huadian Group, Huaneng Group and China Power Investment Corperation have suffered total losses of 18.09 billion yuan ($2.8 billion) from their thermal power generation businesses in the first seven months of the year, widening their losses by 11.3 billion yuan year-on-year, according to the China Electricity Council (CEC).

Nigeria appeals for private power funding

  • 13 years ago (2011-08-18)
  • Junior Isles

Nigeria will require a regular capital investment of NGN520 billion ($3.4 billion) to increase its electricity generating capacity from the current level of 4.2GW to 13GW by 2013, according to Nigerian Minister of Power, Prof Bart Nnaji.

South Korea announces LNG agreements worth $84 billion

  • 13 years ago (2011-08-18)
  • Junior Isles

South Korea has announced long-term agreements with Royal Dutch Shell and Total, worth Won90 billion ($84.1 billion), to buy from LNG projects in Australia.

Nigeria’s power bulk trading takes off

  • 13 years ago (2011-08-18)
  • David Flin

A board has been approved for Nigerian Bulk Electricity Trading (NBET), representing a significant step forward in Nigeria’s power reform programme.

Texas heat brings power plants out of mothballs

  • 13 years ago (2011-08-17)
  • David Flin

NRG and Garland Power and Light have announced that they will bring four mothballed power plants back online to meet summer power demand in Texas.

Drax plans to boost UK green energy if subsidies come soon

  • 13 years ago (2011-08-15)
  • Junior Isles

Drax Group has said it is ready to significantly boost its renewable power generation to switch the Drax power plant to mainly biomass-fuelled generation, if the UK Government makes it affordable through subsidies.

BC Hydro announces rate increase only 16 percent

  • 13 years ago (2011-08-12)
  • David Flin

Canada’s BC Hydro has announced that it has halved its proposed rate increases over the next three years.