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Total Results : 1059

Chinese nuclear target revised down to 40 GW by 2015

  • 2012-10-26 20:31:15
  • Junior Isles
As part of post-Fukushima adjustments to its nuclear policy, the Chinese government has lowered its target for construction of nuclear power plants by 2015, notably by abandoning the construction more nuclear reactors at inland locations.

FERC reveals fall in new power plants

  • 2012-10-19 22:01:19
  • Junior Isles
US Federal Energy Regulatory Commission (FERC) has revealed that fewer new power plants entered service in the first nine months of 2012 than during the same period in 2011, despite generators building more wind farms and solar facilities in 2012.

United Tech to sell power systems business for $400 million

  • 2012-10-18 12:03:40
  • Junior Isles
United Technologies Corp. has agreed to sell its electric power systems business, inherited from Goodrich Corp., to French aerospace manufacturer Safran SA for $400 million.

Energy efficiency subsidy could cut UK demand by 40 per cent

  • 2012-10-16 04:31:45
  • David Flin

A report from the UK think tank Green Alliance has said that an electricity efficiency feed-in traiff (EE FiT) paying projects that can demonstrate measured electricity use savings should be introduced into the upcoming Energy Bill, as this will introduce a financial incentive for energy efficiency.

ADB-led lenders readying $.14 billion for Bangladesh power sector

  • 2012-10-13 04:40:52
  • David Flin

Four lenders, including the Asian Development Bank (ADB), are readying a fund worth about $1.4 billion for development of the Bangladesh power sector.

BNEF records mediocre quarter for renewables

  • 2012-10-10 18:30:39
  • Junior Isles
Data from Bloomberg New Energy Finance (BNEF) suggests a mediocre third quarter for clean energy investment is likely to make 2012 the first global ‘down’ year in almost a decade.

Petron gets agreement from Philippines SEC to enter power generation

  • 2012-10-06 04:12:17
  • David Flin

The Philippine oil company Petron Corporation has secured the approval of corporate regulators to change its articles of incorporation.

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.

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