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.
Egypt’s Electricity Minister Hassan Younis has reported that a total of 2500 MW, generated exclusively from wind power, will soon be added to the national power grid.
US Energy Secretary Steven Chu announced today that the Department of Energy is awarding more than $5 million to support US wind energy development.
The Scottish Government has announced that it has accepted a proposal from Statoil, Norway’s largest energy company, to commercially test its Hywind floating wind turbines in deep water either off the coast of Lewis or Aberdeenshire.
Kenya Electricity Generation Company (KenGen), Kenya’s largest power producer, has said that it has appointed an adviser to help it find a buyer for 19 per cent of the Kenyan government’s stake, reducing the government’s holding from 70 per cent to 51 per cent.