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Sumitomo acquires 25 per cent stake in $2.3 billion US solar farm
- 2012-10-04 10:35:12
- Junior Isles
Japan’s Sumitomo Corp. has spent $200 million to acquire a 25 per cent stake in Desert Sunlight Investment Holdings LLC, the operator of a $2.3 billion solar project in California, USA.
Indian nuclear up 23 per cent
- 2012-10-01 20:44:33
- Junior Isles
Nuclear power generation in India increased by 23 per cent over the last year, according to R. K. Sinha, chairman of the Atomic Energy Commission (AEC). Additionally, the average annual operational availability of reactors went up from 83 to 91 per cent.
GE announces new gas turbines designed to complement renewables
- 2012-09-29 10:28:41
- Junior Isles
GE has announced a new line of gas-powered turbines specifically designed to be paired with renewable energy sources. The new FlexEfficiency 60 product line represents a new model for alternative-energy projects, with the company claiming it combines “record-breaking efficiency” and “flexibility” to cut carbon emissions and reduce costs compared to prior GE configurations.
UK’s nuclear direction to be decided by Horizon bid
- 2012-09-25 17:13:32
- Junior Isles
The future direction of Britain’s new generation of nuclear plants is to be decided soon, with three consortium’s bids for the Horizon group entering the final stage.
Iranian power privatisation on track
- 2012-09-23 16:39:18
- Junior Isles
The privatisation in Iran’s power generation industry is in its final stages, according to Iranian Energy Minister Majid Namjou, with 45 power plants having been privatised or currently being privatised.
United Arab Emirates awards contracts to develop nuclear power
- 2012-09-22 04:27:55
- David Flin
The United Arab Emirates has awarded contracts worth $2 billion to provide, convert and enrich uranium.
Japan adopts nuclear power phase-out plan
- 2012-09-15 02:41:15
- David Flin
The Japanese Government has officially adopted a new long-term energy strategy that calls for the elimination of nuclear power generation by the end of the 2030s.
Canada’s coal-fired emissions regulations criticised
- 2012-09-11 10:24:36
- Junior Isles
The Canadian government has announced a new array of carbon emissions regulations for coal-fired generation, set to take effect July 1, 2015. The new regulations will limit coal-fired power plants to no more than 420 tonnes of carbon dioxide per GWh.
Canada to introduce new coal-fired generation emissions standard
- 2012-09-08 04:33:20
- David Flin
Peter Kent, Canada’s federal Environment Minister, said that the country plans to start applying a new performance standard of 420 mt of CO2/GWh to its coal-fired power plants in 2015.
Fortescue forced to sell power station
- 2012-09-06 16:57:48
- Junior Isles
Fortescue Metals Group has confirmed the sale of its Solomon ore mine power station in Pilbara region, Western Australia, to Canada's TransAlta for A$294.9 million ($300m). Fortescue is trimming assets in order to raise the funds to meet its debt obligations in the face of slumping iron ore prices.
