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Total Results : 1151

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.

Energy efficiency subsidy could cut UK demand by 40 per cent

  • 2012-10-16 04:31:45
  • David Flin

A report from the UK think tank Green Alliance has said that an electricity efficiency feed-in traiff (EE FiT) paying projects that can demonstrate measured electricity use savings should be introduced into the upcoming Energy Bill, as this will introduce a financial incentive for energy efficiency.

ADB-led lenders readying $.14 billion for Bangladesh power sector

  • 2012-10-13 04:40:52
  • David Flin

Four lenders, including the Asian Development Bank (ADB), are readying a fund worth about $1.4 billion for development of the Bangladesh power sector.

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.

CEZ says EU settlement deal to sell capacity still valid

  • 2012-10-09 04:40:34
  • David Flin

Czech company CEZ has said that its plan to sell 800 MW of generation capacity to resolve European Union competition issues remains unchanged after a period of third-party comments on the plan.

UK risks generation shortage due to fall in spare capacity

  • 2012-10-07 10:30:31
  • Junior Isles
UK energy regulator Ofgem has forecast that the UK will run the risk of electricity generation shortages in the winter of 2015-16, as spare capacity falls from 14 per cent to just 4 per cent due to earlier-than-expected closures of coal-fired power plants under the EU’s large combustion plant directive (LCPD).

Indian nuclear up 23 per cent

  • 2012-10-01 20:44:33
  • Junior Isles

Nuclear power generation in India increased by 23 per cent over the last year, according to R. K. Sinha, chairman of the Atomic Energy Commission (AEC). Additionally, the average annual operational availability of reactors went up from 83 to 91 per cent.

UK plans to construct 20 new gas-fired plants

  • 2012-09-30 12:31:12
  • Junior Isles

British Energy and Climate Change Secretary Ed Davey has revealed that the UK is likely to build 20 new gas-fired power plants over the next few years, signalling that gas is to play a major role in the UK's energy mix for at least the next two decades.

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.

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