The Pakistani Water and Power Development Authority (WAPDA) is planning to construct hydro-electric projects with a capacity of 20 GW during the next five years, according to authority chairman Shakil Durrani.
Sharp will acquire Recurrent Energy, a US developer of solar energy projects, in a deal worth up to $305 million. The Japanese company hopes the acquisition will strengthen its position in the fast-growing solar-power generation business.
Private-equity firm Quantum Energy Partners (QEP) is launching a new company to buy and develop power plants in the U.S., targeting long-term supply deals with utilities.
The start up of the second phase of Guangdong’s Ling’ao nuclear power plant means China’s installed power generation capacity now exceeds 900 GW
The Venezuelan government is making a concerted investment push in order to meet its pledge to increase power generation by 5000 MW during 2010
NRG Energy, a US power generation company, is to acquire Green Mountain Energy (GME), a retail provider of clean energy products and services, underlining the interest among generators to expand their renewable energy portfolios.
Egypt’s Electricity Minister Hassan Younis has reported that a total of 2500 MW, generated exclusively from wind power, will soon be added to the national power grid.
China's power generation industry is set for strong growth this year, the state-run Shanghai Securities News reported, citing the country's electric power generation trade association.
US Energy Secretary Steven Chu announced today that the Department of Energy is awarding more than $5 million to support US wind energy development.
Japan and Kuwait have reached an agreement to cooperate in building nuclear power plants and encouraging the peaceful use of nuclear energy.