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IHI Corp makes first venture into power generation
- 2012-08-25 10:52:24
- Junior Isles
IHI Corp. has announced it has acquired a 50 per cent stake in each of US utility Exelon Corp’s five power plants in California. This move is IHI's first entry into large-scale commercial power generation.
Orix to invest $1.25 bn into new solar projects
- 2012-08-17 22:32:58
- Junior Isles
Orix Corp. President Makoto Inoue has said that his firm plans to invest 100 billion yen ($1.25 billion) over three years to build solar power plants at dozens of locations across Japan with a total generating capacity of 400 MW.
Pike report outlines potential of distributed generation
- 2012-08-17 10:14:25
- Junior Isles
A new report from Pike Research has cast doubt on the sustainability of traditional centralised power generation, transmission, and distribution. The report claims this conventional power model is becoming more costly to maintain, compared with distributed alternatives, particularly given the expansion required to meet the needs of growing populations.
Namibia considers nuclear to combat power shortages
- 2012-08-15 13:28:14
- Junior Isles
Namibian Minister of Mines and Energy, Isak Katali, has said that the poor state of power generation in Southern Africa means construction of a nuclear power station in Namibia is an open possibility.
Sri Lanka doubles wind power capacity with three new farms
- 2012-08-14 04:57:40
- David Flin
Sri Lanka has doubled its wind power generation capacity with the addition of three new wind farms, according to the Sri Lanka Power and Energy Ministry.
Tohoku Electric to establish new photovoltaic power company
- 2012-07-31 07:08:06
- David Flin
Japan’s Tohoku Electric Power Company has announced that it will create a joint venture dedicated to photovoltaic power generation in partnership with Yurtec Corporation.
10 MW solar project under construction in Ontario, Canada
- 2012-07-07 05:21:27
- David Flin
International Power Canada (IPC) has announced that construction has started at the $50 million Brockville Solar project in Leeds County, Ontario.
IEA report estimates 40 per cent renewables growth by 2017
- 2012-07-06 23:03:57
- Junior Isles
A new “Medium-Term Renewable Energy Market Report 2012” by the International Energy Agency (IEA) estimates that renewable generation should grow by 1840 TWh globally between 2011 and 2017, an almost 60 per cent increase on the 1160 TWh growth between 2005 and 2011, and a 40 per cent increase on current generation levels.
GT Energy and E.On to develop UK geothermal
- 2012-07-04 00:32:53
- Junior Isles
GT Energy and E.On have signed a Memorandum of Understanding (MOU) to jointly develop a new wave of urban geothermal power plants in the UK.
Positive year for UK wind sees 50 per cent growth
- 2012-06-30 21:40:57
- Junior Isles
UK wind generation has risen by around 50 per cent in the past year, according to a statement from the Department of Energy and Climate Change (DECC).
