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Total Results : 832

Tasmania’s Power Shortage Reaches Crisis Levels

2016-03-14 02:59:39
David Flin

Until recently, the Australian island state of Tasmania imported 30 per cent of its electricity from coal-fired plants on the mainland through the Basslink power and communications cable, while 60 per cent came from the island’s hydroelectric dams and stations, and 10 per cent from wind farms.

Siemens to build rotor blade factory for wind turbines in Morocco

2016-03-11 03:59:37
David Flin

Siemens and the Moroccan Government have agreed that Siemens will build a factory in Morocco to manufacture rotor blades for onshore wind turbines, creating up to 700 jobs. Construction of the factory is scheduled to start I spring 2016, and it is scheduled to start operations in spring 2017.

Ontario offers contracts to 11 firms to build new renewable energy projects

2016-03-11 03:57:53
David Flin

Ontario province in Canada has selected the companies that will build the next round of renewable energy projects, following a competitive-bidding process that will see wind and solar power generated at lower prices than previously.

Georgia Power becomes first US retail electric utility to offer Green Bonds

2016-03-10 03:32:28
David Flin

Georgia Power has announced that it has completed the issuance of $325 million of Green Bonds, becoming the first retail electric utility in the USA to offer this type of security to support investment into renewable generation.

Bechtel and BWXT join forces for SMR development

2016-03-08 03:46:40
David Flin

Bechtel has announced that it will join forces with BWX Technologies to accelerate development of a factory-built nuclear reactor with the goal of producing the world’s first viable Generation III plus plus modular nuclear power plants.

NRG reports $6.4 billion loss

2016-03-01 04:28:36
David Flin

NRG has announced that it posted a total loss of $6.36 billion in the fourth quarter of 2015, with more than $5 billion in write-offs stemming from the company’s struggling commodities business.