The UK installed solar power generation capacity at a record rate last year, data from the energy regulator Ofgem show.
China has unveiled a raft of targets for its energy and power sectors, revealing a plan for a rapid increase in power generation.
Iraq has announced plans to use more foreign imports to boost is beleaguered power network, with Jordan emerging as a new partner.
Sempra Generation, a subsidiary of Sempra Energy, has announced that it has completed the sale of its 50 per cent interest in the Elk Hills Power generation facility. The sale for a cash purchase price plus year-end cash distribution totaling $179 million was to Occidental Petroleum Corporation Inc.
Qatar has recently invested $1billion in power gen and water desalination plants to cope with the current urban boom and the overwhelming development of the trade and industrial sectors, says an official from Energy Qatar Company.
Iberdrola Renewables has reportedly contracted more than 700 MW of power purchase agreements (PPA) for wind energy products during 2010, and the company is looking forward to possibilities to complete 1000 MW.
Manila Electric Co (Meralco) the Philippines biggest electricity distributor, is looking for up to four potential partners to help it in its foray into the power generation sector.
CLP India said it has entered into an agreement with a group of foreign banks for finance worth $288 million to set up a 1320 MW (2x660 MW) power project at Jhajjar in Haryana.
The African Development Bank (AfDB) has approved over $1 billion to be invested in energy projects in Egypt, DR Congo, Ethiopia, Kenya and Tanzania.
China, the world’s largest energy user, may spend 11.1 trillion yuan ($1.7 trillion) in the next decade building electricity infrastructure, the 21st Century Business Herald has reported, citing a research report by the China Electricity Council.