The rate of wind turbine installations slowed 7 per cent last year, though almost 36 GW of wind capacity was installed worldwide, according to figures released by the Global Wind Energy Council (GWEC).
New Jersey Governor Chris Christie has signed into law a programme of long-term incentives for the building of new gas fired power plants in the state, despite opposition from within the US's largest electricity market.
Nigerian power generation, which has recently nosedived due to a number of factors, is rising again. It now stands at 3800 MW and will hit 4000 MW by the end of the first quarter of this year as some plants under the National Independent Power Plants (NIPPs) scheme come on stream.
UK power project developer Renewable Energy Generation Ltd. has seen its stock jump 28 per cent after it announced it had turned down a takeover offer valuing the company at 67.7 pence a share.
UK energy regulator Ofgem has announced a £95 million upgrade of Scotland’s high voltage grid.
Pakistan’s Water and Power Minister Raja Pervaiz Ashraf has said that an additional 826 MW of electricity will be added to the system by December 2011.
Emerson has acquired Pittsburgh-based Turbine Control Service Associates Inc., an independent provider of generator excitation control systems for power plants. The acquisition “expands the breadth and depth of Emerson Process Management’s product portfolio for the global power generation market,” the company said.
Solar photovoltaic (PV) would be more economically viable than oil-fired electricity generation in oil-rich Gulf states, according to Bloomberg New Energy Finance (BNEF).
AEI, the Houston-based company that includes many of the late Enron Corp's foreign energy businesses, is selling off the majority of its assets in an effort to restructure as a smaller operation that will focus on international power generation.
Global investment in clean energy reached a record of $243 billion in 2010, a 30 per cent increase on 2009 levels, according to research house Bloomberg New Energy Finance (BNEF).