Andhra Pradesh Power Generation Corporation Limited (APGenco) has awarded Bharat Heavy Electricals Ltd (BHEL) an order for a 600 MW thermal power project in Andhra Pradesh.
Edison International has reported 22 per cent lower fourth-quarter profit, as higher revenue at its Southern California Edison utility was offset by a write-down on its struggling wholesale power generation business.
India’s largest power producer NTPC will hire 10 000 engineers in the next ten years as part of massive expansion plans.
The UK is ready to boost payments to factories, offices and supermarkets that reduce energy use, as rising demand drives up prices and the companies turn to cleaner but less-reliable power.
Siemens AG, which recently won orders exceeding $1 billion in Saudi Arabia, is eyeing the kingdom for power-generation projects as population growth spurs electricity demand, an executive said.
The chief executive of power generator NRG Energy Inc., David Crane, expects the demand for large solar projects to wane in the next few years, but this is not stopping his company from investing in it before the market gives way to smaller scale power generation.
Mitsubishi Corporation has acquired a 15 per cent share in four Concentrating Solar Power (CSP) generation plants in Spain.
Spain's Iberdrola SA has reported that its fourth-quarter net profit rose 0.8 per cent on higher power generation in Spain and bigger profits from the power utility's international operations.
Drax Group, operator of the UK’s biggest power station, has repeated a plea for more UK Government support for biomass burning, as it reported higher annual profits and sales.
Arab nations are expected to pump more than $92 billion into projects to expand their power generation capacity.