Orix Corp. President Makoto Inoue has said that his firm plans to invest 100 billion yen ($1.25 billion) over three years to build solar power plants at dozens of locations across Japan with a total generating capacity of 400 MW.
Australian Prime Minister Julia Gillard claims Australia can lower its investment in power generation without risking third-world style brownouts at times of peak demand.
Mitsubishi Electric has announced that it will begin an experiment that will involve the generation of electricity from train carriages when their brakes are applied.
The Centre for Monitoring Indian Economy (CMIE) has revised down India’s forecasted power generation increase for this fiscal year from 13.2 per cent to a 10.8 per cent increase.
Westinghouse has announced that it is submitting bids for two potential new nuclear reactors in Canada, and will open a satellite office in Toronto to support the bids.
NRG Energy Inc. (NRG) is to purchase $1.7 billion of GenOn Energy Inc. (GEN) stock, initiating a merger that will create the US’ largest independent electricity generator and, hopefully, a more resilient firm with the market strength to withstand sliding power prices.
Rises in US natural gas prices are expected to push back natural gas gains against coal as some utilities return to using coal for power generation.
The Bangladesh Power Development Board (BPDB) has proposed a 50 percent increase in the power tariff for bulk users, despite heavy criticism of the move by consumers.
The ranking is modelled on ACEEE's existing method for ranking US states’ energy efficiency, and grades 12 of the world's key economies on a scale of 100 possible points, in 27 separate categories.
Hydro power capacity has in Pakistan reportedly fallen by 1000 MW compared to last year due to diminished dam inflows and ill-advised government strategy to generate electricity when inflows were too low, leading to a greater shortage and lower water levels.