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Total Results : 1155

GE to move gas engine production to Canada

  • 2015-10-01 10:04:59
  • David Flin
GE Power & Water has announced that it will cease production of large gas engines at Waukesha, Wisconsin in the USA, and transfer production to a new $265 million plant it will build in Canada.

Akkuyu receives $3 billion investment despite licence delay

  • 2015-09-30 16:22:29

Turkey’s first nuclear power plant, the $20 billion-rated Akkuyu project, located in Mersin Province, has so far received an estimated $3 billion despite the required licenses having not been issued yet, says the company CEO.

Door opening for Peterhead gasification, carbon capture, gas turbine scheme

  • 2015-09-29 04:44:32
  • David Flin

It is considered likely that the UK Drax power station’s bid for funding for a £2 billion ($3 billion) carbon capture project will collapse, bringing a rival scheme in Peterhead back into competition for government support.

UK energy policy criticized as Drax quits carbon capture project

  • 2015-09-26 11:35:03
  • Junior Isles

The Drax power company, in charge of the largest power plant in the UK of the same name, has thrown a £1 billion ($1.52 billion) UK government climate-change plan into turmoil, saying that government green policy reversals have made it too risky to move forwards.

Hinkley Point C wins new investment from British government

  • 2015-09-21 05:15:54
  • David Flin
George Osborne, Chancellor of the Exchequer of the UK, has announced that the UK government will make a fresh investment in the £24.5 billion Hinkley Point C nuclear power project.

Sweden enacts measures amid target of fossil-free energy mix mix

  • 2015-09-17 15:26:05

Sweden is aiming to become one of the first nations in the world to have a fossil-free energy mix, and as a step towards that goal it will invest 4.5 billion kronor ($546 million) next year in climate-protection measures as a step towards this goal.

GE to move US jobs to France and China in fight over export credits

  • 2015-09-16 06:12:18
  • David Flin
GE has revealed plans to shift up to 500 US manufacturing jobs to Europe and China because it can no longer access EXIM financing from the US Export-Import Bank.