A study by A.T. Kearney Inc. shows electricity from solar panels in Germany may be as cheap as power from new gas and coal plants within as little as five to eight years.
Reliance Power’s $10 billion pact with Shangai Electric Group Co. for the supply of power generation equipment and related service contracts is the largest ever China-India power deal but could be only the beginning of similar deals by other Indian utilities.
Turkish company Ateşçelik, which produces a number of devices for power plants and other industrial equipment, is investing 30 million Turkish Liras in the production of wind turbine towers inthe western province of İzmir.
Alstom has been selected by Keppel Merlimau Cogen Pte Ltd (KMC) to build and maintain a new 800 MW power plant in Singapore.
American Electric Power Co. (AEP) is reviewing options to shut down more than 5000 MW of coal power, but how soon they close will depend on regulations, a company executive has said.
Qatar may decide as early as next year on whether to develop nuclear power capabilities, as the gas rich Gulf Arab state looks to wean its dependency away from hydrocarbons.
Mining exploration and development company Jubilee Platinum has said that it is still in negotiations for the acquisition of a 51 per cent stake in power generation company Power Alt, which if successful, might have a material effect on its share price on the Johannesburg Stock Exchange (JSE).
French state-owned power company Electricite de France is ready to move forward alone if necessary to build a third nuclear reactor at Calvert Cliffs in Maryland, according to a company executive.
Johannes Pfeifenberger, principal and utility practice leader at The Brattle Group, has estimated that $50-100 billion in transmission investment will be needed in order to integrate renewable power onto the existing electricity grid.
A key £2.7 billion UK coal gasification power station that would feature carbon capture and storage on a commercial scale in 2016 has been placed on hold until the UK's coalition government clarifies its policy and incentives regime for the technology, Powerfuel chief executive Richard Budge said in an interview.