Sri Lanka’s Ceylon Electricity Board (CEB), which has been badly hit by a failure of the island’s main monsoon, is predicting losses in 2011 of $54 million, due to the cost of extra thermal generation.
The US Department of Energy (DOE) has announced the award of over $145 million to 69 projects in 49 states aimed at increasing efficiency, reducing costs and shaping the future of solar energy technologies.
The Green Climate Fund (GCF), designed to produce climate-related investment worth $100 billion a year by 2020 for the developing world, is destined for failure, according to Bloomberg New Energy Finance (BNEF).
The cost of nuclear generation in Japan, even taking into account the compensation related to the Fukushima Daiichi accident, remains likely to be less than using fossil fuels, according to a new study.
The USA’s Dominion Virginia Power filed plans with Virginia state regulators to close its coal-fired power plant on the Elizabeth River’s Southern Branch by 2016 because the cost to upgrade it to meet proposed new environmental standards is too high.
Landis & Gyr and Elster have agreed to develop communications firmware that will work in each other’s metering platforms without installing each other’s communications modules.
Japan’s plans for a rapid expansion of solar power is facing difficulties, with a lack of bank financing proving to be a problem.
A 5.8 magnitude earthquake struck Virginia, USA, causing minimal damage. Dominion Virginia Power’s two North Anna nuclear reactors shut down automatically as a result of the earthquake.
India's nuclear power generation capacity is expected to reach 20 000 MW in around two decades, a top official at the Indira Gandhi Centre for Atomic Research (IGCAR) has said.
China's big five power generation companies: Datang Corpeoration, Guodian Corperation, Huadian Group, Huaneng Group and China Power Investment Corperation have suffered total losses of 18.09 billion yuan ($2.8 billion) from their thermal power generation businesses in the first seven months of the year, widening their losses by 11.3 billion yuan year-on-year, according to the China Electricity Council (CEC).