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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.
US energy efficiency order praised by environmental and industrial lobbies
- 2012-09-05 10:04:42
- Junior Isles
President Barack Obama has encouraged US government agencies to incentivise industrial energy efficiency through emissions trading, grants and loans, in an Executive Order signed last week.
IHI Corp makes first venture into power generation
- 2012-08-25 10:52:24
- Junior Isles
IHI Corp. has announced it has acquired a 50 per cent stake in each of US utility Exelon Corp’s five power plants in California. This move is IHI's first entry into large-scale commercial power generation.
Food waste power plant connects to grid in USA
- 2012-08-25 03:59:19
- David Flin
Columbia Biogas has announced that it has entered into a Small Generator Interconnection Agreement with PacifiCorp Transmission to connect its commercial food waste to energy plant in Portland, Oregon, USA to PacifiCorp’s Killingsworth substation.
US court strikes down EPA’s cross-state air pollution rule
- 2012-08-23 11:12:09
- Junior Isles
Southern Co., Edison International and other US generators have won their case against the Environmental Protection Agency (EPA), gaining more time to upgrade their most polluting coal plants.
Orix to invest $1.25 bn into new solar projects
- 2012-08-17 22:32:58
- Junior Isles
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.
Gillard says Australia can do more with less
- 2012-08-09 11:04:59
- Junior Isles
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 uses train brakes to generate power
- 2012-08-09 08:45:26
- David Flin
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.
CMIE downgrades expected Indian power growth
- 2012-08-07 10:55:48
- Junior Isles
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 bids for reactor work in Canada
- 2012-07-24 05:53:47
- David Flin
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.
