Siemens has received an order from Seoul-based utility GS Electric Power and Services Co. for the supply of its latest (H Class) high-efficiency gas turbine. This is the first time Siemens will supply a complete combined cycle power plant equipped with its new-generation gas turbine.
The UK installed solar power generation capacity at a record rate last year, data from the energy regulator Ofgem show.
Iraq has announced plans to use more foreign imports to boost is beleaguered power network, with Jordan emerging as a new partner.
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.