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Generation increases by 3.7 per cent in developed countries

  • 14 years ago (2011-06-17)
  • Junior Isles

Overall power generation in developed nations rose 3.7 per cent last year, according to an International Energy Agency (IEA) report. This largely made up for the 3.8 per cent decrease in 2009, as power demand recovered from the global recession.

IEA fears consequences of abandoning of nuclear power

  • 14 years ago (2011-06-17)
  • Junior Isles

The International Energy Agency (IEA) has forewarned that the global consequences of abandoning nuclear power would be greater costs, emissions and power uncertainty.

Panel pledges tough restructuring of TEPCO

  • 14 years ago (2011-06-17)
  • David Flin

An independent panel has pledged to oversee a tough restructuring of Japan’s Tokyo Electric Power Co (TEPCO) to ensure that the utility will raise as much funds as possible to pay huge compensation claims.

DOE offers $2 billion loan for solar thermal projects

  • 14 years ago (2011-06-15)
  • David Flin

The US Department of Energy (DOE) has announced almost $2 billion in conditional commitments for loan guarantees for two solar thermal projects.

AEP to upgrade and retire coal plant to meet EPA regulations

  • 14 years ago (2011-06-10)
  • Junior Isles

American Electric Power (AEP) has said it plans to retire nearly 6000 MW of coal-fired power generation as part of its efforts to meet new regulations proposed by the US Environmental Protection Agency.

Banks reluctant to lend to Pakistan power projects

  • 14 years ago (2011-06-10)
  • David Flin

Officials in Pakistan’s Private Power Infrastructure Board has said that investment in electricity generation has been stifled by banks’ reluctance to provide finance because of the persistent circular debt.

Turkey orders FlexEfficiency combined solar-natural gas project

  • 14 years ago (2011-06-09)
  • Junior Isles

Turkey’s MetCap Energy Investments planning to build an integrated combined solar-natural gas plant, based on GE’s latest combined cycle technology.

Meralco raises power rates

  • 14 years ago (2011-06-08)
  • David Flin

The Manila Electric Company (Meralco) of the Philippines has announced increases in power rates.

ACWA looks for controlling stake in CEGCO

  • 14 years ago (2011-06-06)
  • Junior Isles

Saudi Arabian company ACWA Power International has announced that it has entered into a binding agreement with Jordan Dubai Capital to acquire a controlling stake in Jordan’s Central Electricity Generation Company (CEGCO), valued at around $144 million.

European renewables rise on German nuclear news

  • 14 years ago (2011-06-01)
  • Junior Isles

The share prices of European renewables companies surged after German Chancellor Angela Merkel announced the country will double its 2020 renewables target and close its 17 nuclear power plants by 2022.