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Reliance and Shanghai Electric deal is just the start
- 2010-11-02 20:56:45
- Junior Isles
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 to consider nuclear generation option
- 2010-10-19 12:40:33
- Junior Isles
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.
EDF seeks to modify Constellation partnership
- 2010-10-15 14:46:16
- Junior Isles
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.
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.
