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GE acquires Dresser, Inc.
- 2010-10-08 15:02:02
- Junior Isles
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.
European electricity prices reach new high
- 2010-10-08 14:45:10
- Junior Isles
Electricity prices in Europe reached a new high in September, rising for the fourth consecutive month, according to Austrian energy regulator E-Control.
New York to approve increased wind production
- 2010-10-01 14:37:49
- Junior Isles
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.
GE and Harbin Power form joint wind power venture
- 2010-09-28 15:37:27
- Junior Isles
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.
Sharp buys solar generation company Recurrent Energy
- 2010-09-23 13:28:18
- Junior Isles
Sharp will acquire Recurrent Energy, a US developer of solar energy projects, in a deal worth up to $305 million. The Japanese company hopes the acquisition will strengthen its position in the fast-growing solar-power generation business.
Quantum Energy Partners launches US power development company
- 2010-09-22 14:15:51
- Junior Isles
Private-equity firm Quantum Energy Partners (QEP) is launching a new company to buy and develop power plants in the U.S., targeting long-term supply deals with utilities.
NRG to buy Green Mountain Energy
- 2010-09-17 18:17:18
- Junior Isles
NRG Energy, a US power generation company, is to acquire Green Mountain Energy (GME), a retail provider of clean energy products and services, underlining the interest among generators to expand their renewable energy portfolios.
US announces $5.2 million of wind power funding
- 2010-09-13 21:19:00
- Junior Isles
US Energy Secretary Steven Chu announced today that the Department of Energy is awarding more than $5 million to support US wind energy development.
Japan and Kuwait in nuclear cooperation
- 2010-09-11 21:22:28
- Junior Isles
Japan and Kuwait have reached an agreement to cooperate in building nuclear power plants and encouraging the peaceful use of nuclear energy.
Steam turbines for Korea’s first 1000 MW ultra-supercritical power plants
- 2010-09-09 18:50:23
- Junior Isles
Mitsubishi Heavy Industries, Ltd. (MHI) and Marubeni Corporation (Marubeni) have jointly received an order for two steam turbine-generator sets, each rated at 1000 MW, for ultra-supercritical (USC) coal-fired power generation units of Korea East-West Power Co., Ltd. (EWP).
