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 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.
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.
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, 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.
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 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.
Private-equity firm Quantum Energy Partners (QEP) is launching a new company to buy and develop power plants in the U.S., targeting long-term supply deals with utilities.
The start up of the second phase of Guangdong’s Ling’ao nuclear power plant means China’s installed power generation capacity now exceeds 900 GW
NRG Energy, a US power generation company, is to acquire Green Mountain Energy (GME), a retail provider of clean energy products and services, underlining the interest among generators to expand their renewable energy portfolios.