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Competition hots up for Australian coal
- 2012-01-26 22:43:52
- Junior Isles
US coal giant Peabody Energy has hired UBS to assist in finding a buyer for its Australian Wilkie Creek coal mine, a move likely to kindle interest from several Asian nations, vying to secure coal supply for their growing fleet of power plants.
Siemens bets over $1billion on continued gas turbine growth
- 2012-01-20 05:25:04
- David Flin
Siemens AG has earmarked over €1 billion ($1.3 billion) to expand its production of gas turbines and fend off GE as they compete for larger shares of the expanding gas turbine market.
AFC announces industrial scale generation from hydrogen fuel cells
- 2012-01-17 05:40:48
- David Flin
Shares in industrial alkaline fuel cell maker AFC Energy have risen on the company’s announcement that it has started electrical power generation at AkzoNobel's Bitterfield plant in Germany.
Carbon markets rise in 2011, despite Europe price slump
- 2012-01-14 16:05:19
- Junior Isles
The global carbon market value rose 4 per cent in 2011, despite the largest market, Europe, experiencing a price slump, according to analysis by Thomson Reuters Point Carbon.
Iran to connect its power grid to Russia
- 2012-01-13 06:14:59
- David Flin
According to the Tehran Times, Homayoun Haeri, Managing Director of Iran Power Generation, Transmission and Distribution Management Company (TAVANIR), said that Iran plans to connect its national power grid to Russia by March 2013.
Pakistan sets 1500 MW wind target for 2013
- 2012-01-05 20:11:19
- Junior Isles
Pakistani Federal Minister for Water and Power, Syed Naveed Qamar has said that the government has set a target of 1500 MW from wind power generation by 2013 and procedures have been simplified in order for investors to reach the target.
UK government's solar subsidy cuts criticised
- 2011-12-23 15:44:22
- Junior Isles
The UK government's planned changes to solar power subsidies may deal the industry a "fatal blow", two separate parliamentary committees have warned.
Gazprom and RWE project talks break down
- 2011-12-23 15:40:19
- Junior Isles
German utility RWE AG and Russian giant OAO Gazprom have ended talks aimed at creating a joint venture to build and operate power plants in Europe after failing to agree on a deal, Bloomberg reports.
Indian nuclear continues to suffer from Fukushima's political fallout
- 2011-12-18 21:27:27
- Junior Isles
Indian officials from the controversial Kudankulam nuclear plant in Tamil Nadu have said that power generation from the project is expected to take 'some time.'
Goldwind taps into Chile wind market
- 2011-12-09 06:07:19
- David Flin
China’s Goldwind has announced that it has entered into an agreement to provide 23 low wind speed Permanent Magnet Direct Drive (PMDD) wind turbines to Mainstream Renewable Power for Mainstream Negrete project (phase one) in Chile.
