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Total Results : 848

United Tech to sell power systems business for $400 million

  • 2012-10-18 12:03:40
  • Junior Isles
United Technologies Corp. has agreed to sell its electric power systems business, inherited from Goodrich Corp., to French aerospace manufacturer Safran SA for $400 million.

BNEF records mediocre quarter for renewables

  • 2012-10-10 18:30:39
  • Junior Isles
Data from Bloomberg New Energy Finance (BNEF) suggests a mediocre third quarter for clean energy investment is likely to make 2012 the first global ‘down’ year in almost a decade.

Sumitomo acquires 25 per cent stake in $2.3 billion US solar farm

  • 2012-10-04 10:35:12
  • Junior Isles

Japan’s Sumitomo Corp. has spent $200 million to acquire a 25 per cent stake in Desert Sunlight Investment Holdings LLC, the operator of a $2.3 billion solar project in California, USA.

GE announces new gas turbines designed to complement renewables

  • 2012-09-29 10:28:41
  • Junior Isles

GE has announced a new line of gas-powered turbines specifically designed to be paired with renewable energy sources. The new FlexEfficiency 60 product line represents a new model for alternative-energy projects, with the company claiming it combines “record-breaking efficiency” and “flexibility” to cut carbon emissions and reduce costs compared to prior GE configurations.

UK’s nuclear direction to be decided by Horizon bid

  • 2012-09-25 17:13:32
  • Junior Isles

The future direction of Britain’s new generation of nuclear plants is to be decided soon, with three consortium’s bids for the Horizon group entering the final stage.

Japan adopts nuclear power phase-out plan

  • 2012-09-15 02:41:15
  • David Flin

The Japanese Government has officially adopted a new long-term energy strategy that calls for the elimination of nuclear power generation by the end of the 2030s.

GE announces intention to enter Japanese power gen business

  • 2012-09-07 17:28:33
  • Junior Isles

GE has announced plans to expand and enter the power supply business in Japan.

New Japanese power plan replaces nuclear with renewables

  • 2012-09-01 13:36:01
  • Junior Isles

Japanese Environment Minister Goshi Hosono has released Japan’s new post-Fukushima power strategy, which aims to boost the generating capacity of four renewable energy sources by more than six-fold and make it possible to eliminate all nuclear power, all by 2030.

IHI Corp makes first venture into power generation

  • 2012-08-25 10:52:24
  • Junior Isles

IHI Corp. has announced it has acquired a 50 per cent stake in each of US utility Exelon Corp’s five power plants in California. This move is IHI's first entry into large-scale commercial power generation.

Vietnam faces serious power shortage

  • 2012-08-21 06:06:30
  • David Flin

Nguyen Anh Tuan of the Vietnam Institute of Energy has said that the country will soon face a serious power shortage if it fails to come up with increased power generation capacity.

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