Mitsui & Co. will participate in the solar power generation business in Spain by purchasing a 30 per cent stake in local solar power company Guzman Energia SL.
Reliance Power’s $10 billion pact with Shangai Electric Group Co. for the supply of power generation equipment and related service contracts is the largest ever China-India power deal but could be only the beginning of similar deals by other Indian utilities.
Qatar may decide as early as next year on whether to develop nuclear power capabilities, as the gas rich Gulf Arab state looks to wean its dependency away from hydrocarbons.
French state-owned power company Electricite de France is ready to move forward alone if necessary to build a third nuclear reactor at Calvert Cliffs in Maryland, according to a company executive.
Johannes Pfeifenberger, principal and utility practice leader at The Brattle Group, has estimated that $50-100 billion in transmission investment will be needed in order to integrate renewable power onto the existing electricity grid.
A United Nations meeting on climate change ended in Tianjin, China, with no consensus on key issues such as emissions mitigation and transparency.
GE announced that it has signed a contract to acquire Dresser, Inc., a global energy infrastructure technology and service provider in a deal worth $3 billion.
Electricity prices in Europe reached a new high in September, rising for the fourth consecutive month, according to Austrian energy regulator E-Control.
US State New York could reliably boost power generation from wind from the current 1275 MW to 8000 MW by 2018, according to a new study by the state grid operator.
General Electric (GE), the world’s second biggest producer of wind turbines, has formed a joint venture with China’s Harbin Power Equipment Co. to make and supply equipment to China.