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Reliance agrees to $2.2 bn deal with GE
- 2010-11-09 21:34:48
- Junior Isles
India’s Reliance Power has agreed a $2.2 bn deal with General Electric after securing a $5bn loan from the US Export-Import bank for buying US goods and services over the next three years.
Mitsui takes 30 per cent stake in Spanish solar firm
- 2010-11-06 17:51:45
- Junior Isles
Mitsui & Co. will participate in the solar power generation business in Spain by purchasing a 30 per cent stake in local solar power company Guzman Energia SL.
German Solar power may be cheaper than fossil fuels in 5 years
- 2010-11-04 20:06:06
- Junior Isles
A study by A.T. Kearney Inc. shows electricity from solar panels in Germany may be as cheap as power from new gas and coal plants within as little as five to eight years.
Ateşçelik plans factory to harness Turkey’s wind power potential
- 2010-10-25 22:15:18
- Junior Isles
Turkish company Ateşçelik, which produces a number of devices for power plants and other industrial equipment, is investing 30 million Turkish Liras in the production of wind turbine towers inthe western province of İzmir.
Masdar City to be scaled back
- 2010-10-11 23:59:08
- Junior Isles
The government of Abu Dhabi is scaling back its plans for an ambitious clean energy city as part of a wide-ranging review of the $22 billion project.
Romania looks to wind to fill renewables gap
- 2010-10-10 00:42:32
- Junior Isles
Bucharest has made renewable energy its priority as it tries to meet tough EU carbon emissions goals requiring 20 percent of power generation to come from renewables by 2020.
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.
UK winter energy demand ‘manageable’ reports National Grid
- 2010-10-08 14:41:28
- Junior Isles
U.K. gas and electricity demand this winter is expected to be "manageable" and should be met even in a very cold winter, the gas and power network operator National Grid PLC has said in its winter outlook report.
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.
Reliance Power to spend $11 billion installing 10 GW
- 2010-09-30 16:27:42
- Junior Isles
Reliance Power, India's top private energy company, has negotiated the country's biggest financing deal, raising more than $11 billion to build 10 GW of thermal power generation capacity.
