The Indian state of Tamil Nadu has seen an average 37 percent increase in power tariff, effective from today.
Samsung Construction & Trading (C&T) has agreed to take a 15 per cent stake in 2Co Energy’s Don Valley project in Hatfield, South Yorkshire. Samsung C&T will also take on the engineering, procurement and construction contract for the onshore power station portion of the scheme.
The US Environmental Protection Agency (EPA) has proposed the first limits on greenhouse gas emissions from US power plants.
Tokyo Electric Power Co. (TEPCO) is seeking alternative electricity supplies following the closure of the last of its 17 nuclear reactors.
General Electric has agreed a memorandum of understanding with Nigeria for $10 billion of investment in new power plants, in which it will have a 10-15 per cent equity stake, a Nigerian power ministry spokesman has said.
Teddy Casiño, Representative for the Philippine district of Bayan Muna, has proposed that the government take over privatised power barges in Mindanao as an immediate step to address the reported power crisis in the island.
Robust growth of electricity demand in Morocco has highlighted the need for significant expansion of generation and transmission capacity in the country.
Chinese regional power utilities, CLP Holdings and China Southern Power Grid Co, are to pay around $2.8 billion for a 60 per cent stake in Hong Kong power provider Castle Peak Power Co Ltd, currently held by ExxonMobil.
China is set to resume construction of 43 new nuclear power plants one year on from Japan’s Fukushima disaster.
Coal’s share of US power generation has fallen to an almost 35-year low, as power generators shift to cheaper natural gas.