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Total Results : 1045

Siemens to buy Rolls-Royce energy business

  • 2014-05-07 10:54:11
  • Junior Isles

German industrial giant Siemens AG announced that it will buy large parts of Rolls-Royce PLC’s energy business in a move aimed at strengthening the German company’s power generation and transmission business.

Turkey in China talks for $10 billion power investment deal

  • 2014-05-05 16:06:51
  • Junior Isles
Turkey and China are involved in talks on a $10-12 billion investment deal for the Afsin-Elbistan coalfield and power plant project in southern Turkey, according to Turkish Energy Minister Taner Yildiz.

GE highlights “incredible potential” in Indian solar business

  • 2014-04-28 13:03:59
  • Junior Isles
GE has said this week that Indian solar technology’s “incredible potential” has inspired it to invest $24 million in India’s largest solar plant – Welspun Energy Ltd.’s 151 MW solar PV facility in Neemuch, Madhya Pradesh state.

Namibia plans $1 billion power infrastructure overhaul

  • 2014-04-22 22:39:41
  • Junior Isles
Namibia’s national power utility, NamPower, has unveiled joint plans with private utilities to invest over US$1 billion in the Southern African country’s power generation infrastructure as part of a plan to head off the prospect of serious power shortages.

LS power acquires 3500 MW of Midwest generation from Calpine Corp

  • 2014-04-21 19:04:14
  • Junior Isles
US power infrastructure firm, LS Power Equity Advisors LLC (LS Power), has announced that it has signed an agreement to acquire approximately 3500 MW of generation capacity from Calpine Corp. for $1.57 billion in cash.

GE reaffirms commitment to Nigeria

  • 2014-04-15 15:04:08
  • Junior Isles
US giant General Electric has said it will be working with the Nigerian government and generation companies to double Nigeria’s total generation capacity from 5000 MW to 10 000 MW by 2019.

Iran to start nuclear expansion this year

  • 2014-04-14 18:32:00
  • Junior Isles
Ali Akbar Salehi, head of the Iranian Atomic Energy Organization (AEOI), has said that Iran expects to begin construction of its second nuclear plant, using ‘local experts’, as early as this year.

AEP predicts stronger role for coal than previously thought

  • 2014-04-10 23:20:52
  • Junior Isles
Ohio based American Electric Power (AEP), one of the US’ largest power utilities, has updated its forecast energy mix for 2020, revising its estimate for coal-fired generation to 51 per cent from its previous projection of 46 per cent, according to company spokesperson Tammy Ridout.

EIA data shows continuing US gas boom

  • 2014-04-08 23:38:23
  • Junior Isles
New data from the US EIA shows that natural gas-fired power plants accounted for more than 50 per cent of new utility-scale generating capacity added in the US during 2013, and that California alone accounted for half of all capacity additions.

Indian wind firm plans expansion

  • 2014-04-07 18:18:50
  • Junior Isles
Indian renewables firm Bharat Light and Power Pvt Ltd. (BLP) is aiming to more than quadruple its current 200 MW generation capacity to 1 GW in the next five years, according to its founder, president and CEO Tejpreet Singh Chopra.