The Yomiuri Shimbun has reported that Japan’s Economy, Trade and Industry Ministry (METI) has plans to require electric power companies to hold open bidding and compete with IPPs when they plan to build new thermal power plants or add generators to existing plants.
MidAmerican Energy Holdings has announced that it will acquire a 49 percent stake in the 290 MW Agua Caliente solar photovoltaic (PV) project, located in Arizona, USA, from NRG Energy.
Saudi Arabia needs to pursue large scale projects to expand its electricity production capacity if it is to meet its fast growing power demand, the Gulf Kingdom’s largest bank, National Commercial Bank (NCB), has said.
Indian officials from the controversial Kudankulam nuclear plant in Tamil Nadu have said that power generation from the project is expected to take 'some time.'
Tabish Gohar, CEO of the Karachi Electric Supply Company (KESC) said that KESC would increase its generation capacity to around 1100 MW until March 2012 through the use of Thar coal.
Mitsubishi Heavy Industries (MHI) will start construction of a production shop for gas turbine rotors in Pooler, Georgia, USA.
The US Environmental Protection Agency (EPA) has announced it plans to change air pollution exemption granted to coal and oil burning power plants. It will set new rules to limit mercury and other harmful pollution from these power plants.
China’s Goldwind has announced that it has entered into an agreement to provide 23 low wind speed Permanent Magnet Direct Drive (PMDD) wind turbines to Mainstream Renewable Power for Mainstream Negrete project (phase one) in Chile.
The Yomiuri newspaper has reported that Tokyo Electric Power Corporation (TEPCO) may sell some of its thermal power plants to raise funds for compensation payments after the Fukushima disaster.
GE has signed contracts worth $300 million with the Saudi Electricity Co. (SEC) to supply 13 gas turbines and associated services for the expansion of six power plants across the country. The expansions will add nearly 800 MWs of power to the Saudi grid by the summer of 2013, timed to support peak electricity demands.