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GE acquires Dresser, Inc.

  • 14 years ago (2010-10-08)
  • Junior Isles

GE announced that it has signed a contract to acquire Dresser, Inc., a global energy infrastructure technology and service provider in a deal worth $3 billion.

European electricity prices reach new high

  • 14 years ago (2010-10-08)
  • Junior Isles

Electricity prices in Europe reached a new high in September, rising for the fourth consecutive month, according to Austrian energy regulator E-Control.

UK winter energy demand ‘manageable’ reports National Grid

  • 14 years ago (2010-10-08)
  • Junior Isles

U.K. gas and electricity demand this winter is expected to be "manageable" and should be met even in a very cold winter, the gas and power network operator National Grid PLC has said in its winter outlook report.

KKR buys 9 per cent stake in Avantha Power

  • 14 years ago (2010-10-07)
  • Junior Isles

Private equity firm Kohlberg Kravis Roberts & Co (KKR.N) has bought a 9 percent stake in India's Avantha Power & Infrastructure Ltd for 2.17 billion rupees ($49 million) ahead of the utility's IPO.

Bushehr nuclear plant to reach full generation in early 2011

  • 14 years ago (2010-10-06)
  • Junior Isles

Head of the Atomic Energy Organization of Iran (AEOI) Ali Akbar Salehi has announced that the Bushehr nuclear power plant will reach its nominal generating capacity in spring.

GE to fund $700 million Saudi power plant

  • 14 years ago (2010-10-04)
  • Junior Isles

GE Energy has signed agreements worth approximately $700 million to supply power generation equipment and long-term services for a new gas-fired, independent power plant that will help Saudi Arabia, the Middle East's largest economy, meet a growing need for residential and industrial power.

New York to approve increased wind production

  • 14 years ago (2010-10-01)
  • Junior Isles

US State New York could reliably boost power generation from wind from the current 1275 MW to 8000 MW by 2018, according to a new study by the state grid operator.

Reliance Power to spend $11 billion installing 10 GW

  • 14 years ago (2010-09-30)
  • Junior Isles

Reliance Power, India's top private energy company, has negotiated the country's biggest financing deal, raising more than $11 billion to build 10 GW of thermal power generation capacity.

Malaysian government to invest in two 1000 MW power plants

  • 14 years ago (2010-09-29)
  • Junior Isles

The Malaysian government has announced it is planning to build two 1000 MW coal-fired power plants. This follows the cancellation of power transmission from the Bakun Hydroelectric project, said Energy, Green Technology and Water Minister Datuk Peter Chin Fah Kui.

GE and Harbin Power form joint wind power venture

  • 14 years ago (2010-09-28)
  • Junior Isles

General Electric (GE), the world’s second biggest producer of wind turbines, has formed a joint venture with China’s Harbin Power Equipment Co. to make and supply equipment to China.