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US renewables integration requires $50-100 billion in T&D; investment
- 2010-10-15 14:44:45
- Junior Isles
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.
Little progress at climate talks
- 2010-10-13 21:30:32
- Junior Isles
A United Nations meeting on climate change ended in Tianjin, China, with no consensus on key issues such as emissions mitigation and transparency.
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.
