Alstom has announced it has signed strategic agreements with major Russian energy companies to jointly provide power generation products and services for Russia's power industry.
The UK government has proposed sweeping power sector overhauls aimed at securing the billions of pounds of investment needed for low-carbon energy.
Powerfuel Plc which had hoped to develop the UK’s first commercial scale clean coal plant with carbon capture and storage (CSS) has gone into administration due to the high cost of the project.
Russian energy giant Gazprom has said it will renegotiate its long term natural gas contracts, which have been undercut by spot market prices.
Low-carbon power sources should account for around 60 per cent of European electricity production by 2030, says the industry association Eurelectric.
The Asian Development Bank (ADB) has said it will infuse 40 million dollars into two private equity funds that target promising green companies and projects in the region.
Power generation is up significantly in Estonia this year after the closure of the Ignalina nuclear plant in Lithuania.
Shares in Weir Group recently surged to a record high as the Glasgow-based engineering company announced the acquisition of American Hydro Corporation, which makes turbine components for hydro power generation.
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.
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.