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Total Results : 1089

Direct Energy to sell three gas-fired plants

  • 2013-12-19 13:09:47
  • Junior Isles
Houston-based Direct Energy, a subsidiary of Britain’s Centrica PLC, has announced it will sell its three gas-fired power plants in Texas to New York-based Blackstone Group LP for $685 million in first quarter 2014.

EBRD scraps support for coal-fired power projects

  • 2013-12-11 18:05:17
  • Junior Isles
The European Bank for Reconstruction and Development (EBRD) is to scrap most of its assistance for coal-fired power generation, after a vote on a new investment strategy by the lender’s board.

Mexico reveals power privatisation bill in the senate

  • 2013-12-10 20:30:26
  • Junior Isles
Mexico has revealed an energy bill in its senate which would end the state’s monopoly over the power generation sector, opening up power generation to private firms.

EDF and EREN acquire stakes in India’s ACME Solar

  • 2013-12-06 22:57:07
  • Junior Isles
French green energy companies, EDF EN and EREN, have each acquired a 25 per cent stake in New Delhi based ACME Solar Energy Ltd, the solar energy arm of ACME Cleantech Solutions, in a deal worth over €65 million.

GE signs further gas turbine contracts worth $700 million with SEC

  • 2013-12-04 16:10:25
  • Junior Isles
Power giant GE has signed a contract with Saudi Electricity Company (SEC) worth nearly $700 million to supply further F-class combined-cycle gas turbines, and associated services, to Saudi Arabia.

Ontario considers coal-fired ban legislation

  • 2013-11-25 00:09:28
  • Junior Isles
Ontario may become the first place in North America to ban coal-fired electricity generation outright, according to Premier Kathleen Wynne.

FERC report shows substantial US renewable additions

  • 2013-11-22 23:27:06
  • Junior Isles
US power generation companies installed over 500 MW of solar power and over 100 MW of biomass during October, according to a report by the US Federal Energy Regulatory Commission (FERC).

Bangladesh doubles generating capacity

  • 2013-11-22 23:26:33
  • Junior Isles
Government officials have announced that in just five years Bangladesh has more than doubled its available power generation, from 5000 MW to 10 000 MW.

Exxon selling its share in Hong Kong’s Capco

  • 2013-11-20 10:14:16
  • Junior Isles
US power giant ExxonMobil is selling its 60 per cent share in Hong Kong power generation firm Castle Peak Power (Capco) to CLP Holdings and China Southern Power Grid, according to a CLP announcement.

ISO New England outlines transmission and generation needs

  • 2013-11-16 03:38:12
  • David Flin
ISO New England has released its 2013 Regional System Plan, a report outlining transmission upgrades and market responses to address identified power grid reliability needs.