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French government suggests Areva sells reactor unit to EDF
- 2015-04-08 15:59:46
- Junior Isles
The French government has suggested that Areva sells the division responsible for manufacturing, installing and servicing nuclear reactors to state-controlled power utility Electricité de France SA in a bid to rescue the loss-making nuclear engineering firm and restructure the industry. Areva’s Chief Executive Officer Philippe Knoche revealed the news in a meeting with union representatives last week.
US submits climate pledge
- 2015-04-03 10:27:31
- Junior Isles
The United States has submitted its target to cut net greenhouse gas emissions to the United Nations Framework Convention on Climate Change (UNFCCC). The submission, referred to as an Intended Nationally Determined Contribution (INDC), is a formal statement of the US target, announced in China last year, to reduce our emissions by 26-28 per cent below 2005 levels by 2025, and to make best efforts to reduce by 28 per cent.
UK offshore wind power pot collects £460 million
- 2015-04-01 20:53:27
- Junior Isles
The UK government has announced that £463 million ($684 million) has gone into a fund for wind projects headed by the UK Green Investment Bank (GIB), which has already invested £200 million ($295 million) of its own capital. This is the first stage of a planned £1 billion fund that would be geared to develop offshore wind farms.
Jordan signs $10 billion nuclear power deal with Russia
- 2015-03-26 21:54:51
- Junior Isles
Jordan has signed a $10 billion agreement with Jordan for the development of its first nuclear power plant. signed an agreement on Tuesday in Amman.
Scandinavian companies combine renewable portfolios
- 2015-03-23 22:09:33
- Junior Isles
Sweden’s Triventus Wind Power and Norway’s Havgul Clean Energy have announced that they will merge to combine their 1.6 GW portfolio and jointly develop further renewable projects across Finland, Norway and Sweden.
RenewableUK argues for East England wind project hub
- 2015-03-18 22:32:11
- Junior Isles
RenewableUK has said the East of England could become a hub for trading renewable energy with Scandinavia, so long as the right regulatory framework is put in place.
Commercial negotiations to start on UK tidal project
- 2015-03-18 16:51:01
- Junior Isles
The British government is moving to the first phase of commercial negotiations on a Contract for Difference (CFD) with the developer of a proposed tidal lagoon at Swansea Bay.
RWE to invest in Conergy
- 2015-03-17 23:22:07
- Junior Isles
Conergy, one of the world’s largest downstream solar companies is to receive an equity investment from RWE Supply & Trading, the energy trading arm of the European utility.
EU seeks to end deadlock over German transmission plan
- 2015-03-10 03:59:19
- Junior Isles
The EU has urged Germany to find a solution to political deadlock over disputed plans to build new power transmission lines between the windy north of the country to the more developed south. The power lines themselves are seen as integral to Germany's shift away from nuclear and fossil fuels.
South Africa's first concentrated solar power plant commissioned
- 2015-03-07 18:08:08
- Junior Isles
Abengoa and the Industrial Development Corporation (IDC) have commissioned a 100 MW solar thermal power project secured in the first round of the Renewable Energy Independent Power Producer's Programme (REIPPP).
