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Emerson acquires Turbine Control Service Associates
- 2011-01-25 15:14:58
- Junior Isles
Emerson has acquired Pittsburgh-based Turbine Control Service Associates Inc., an independent provider of generator excitation control systems for power plants. The acquisition “expands the breadth and depth of Emerson Process Management’s product portfolio for the global power generation market,” the company said.
AEI to sell assets in re-focus on generation
- 2011-01-21 13:05:22
- Junior Isles
AEI, the Houston-based company that includes many of the late Enron Corp's foreign energy businesses, is selling off the majority of its assets in an effort to restructure as a smaller operation that will focus on international power generation.
2010 a record year for clean energy investment
- 2011-01-18 16:40:16
- Junior Isles
Global investment in clean energy reached a record of $243 billion in 2010, a 30 per cent increase on 2009 levels, according to research house Bloomberg New Energy Finance (BNEF).
China announces its power plans
- 2011-01-07 14:08:56
- Junior Isles
China has unveiled a raft of targets for its energy and power sectors, revealing a plan for a rapid increase in power generation.
Iraq moves to plug supply gap
- 2011-01-05 22:21:05
- Junior Isles
Iraq has announced plans to use more foreign imports to boost is beleaguered power network, with Jordan emerging as a new partner.
Iberdrola continuing US wind power progress
- 2010-12-29 14:56:46
- Junior Isles
Iberdrola Renewables has reportedly contracted more than 700 MW of power purchase agreements (PPA) for wind energy products during 2010, and the company is looking forward to possibilities to complete 1000 MW.
African Development Bank announces new power funding
- 2010-12-26 18:41:21
- Junior Isles
The African Development Bank (AfDB) has approved over $1 billion to be invested in energy projects in Egypt, DR Congo, Ethiopia, Kenya and Tanzania.
China to spend $1.7 trillion on power in the next decade
- 2010-12-24 16:13:01
- Junior Isles
China, the world’s largest energy user, may spend 11.1 trillion yuan ($1.7 trillion) in the next decade building electricity infrastructure, the 21st Century Business Herald has reported, citing a research report by the China Electricity Council.
US looks to a broader 'clean energy' rather than renewable future
- 2010-12-23 13:28:16
- Junior Isles
The incoming US Congress has its sights on a clean energy standard (CES) that includes clean coal and new nuclear technology rather than a federal renewable electricity standard (RES).
Australian infrastructure in need of expensive overhaul
- 2010-12-16 19:21:24
- Junior Isles
Australia needs to spend up to $130 billion on new power generation and upgrades to its grid to comply with new climate change policies.
