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Total Results : 1067

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.

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.

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