French semiconductor manufacturer Soitec has launched its fifth generation concentrator photovoltaic (CPV) system, designed for large-scale power plants. The new product configuration is claimed to deliver higher efficiency and a lower cost of electricity, according to the firm.
Alstom’s Chairman and CEO Patrick Kron has announced that Alstom has decided to place more emphasis on BRIC (Brazil, Russia, India, and China) countries and emerging markets, including East Asia, because of the higher growth they offer when compared with conventional markets such as the USA and Europe.
UK electricity generator Scottish Power is threatening to withdraw from a project to build a flagship pilot carbon capture & storage (CCS) facility at Longannet coal-fired power station near Fife, Scotland, unless the government gives it £0.5 billion ($0.78 billion) more in funding.
Renewable electricity contributed an all time high of 9.6 per cent of the UK's power generation mix in the second quarter of this year, statistics released by the UK Department of Energy and Climate Change have revealed.
Russian gas giant Gazprom, which has recently begun actively studying power generation markets in Europe, is also interested in being part of electricity generation and sales in Northeast Asian countries.
UK companies are “nowhere near” to achieving the government’s target of an 80 per cent cut in emissions by 2050, according to a report by ENDS (Environment Data Services).
The Nigerian Electricity Regulatory Commission (NERC) has announced that a consortium including the US power company Symbion Power, and Finagestion of France, were set to invest $600 million into Nigeria’s distribution network and generation plants.
India's nuclear power generation capacity is expected to reach 20 000 MW in around two decades, a top official at the Indira Gandhi Centre for Atomic Research (IGCAR) has said.
Drax Group has said it is ready to significantly boost its renewable power generation to switch the Drax power plant to mainly biomass-fuelled generation, if the UK Government makes it affordable through subsidies.
Sempra Generation has signed a power purchasen agreement (PPA) with Pacific Gas & Electric of San Francisco to sell the utility 150 MWs of electricity generated at its Copper Mountain Solar complex in Boulder City.