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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.
GE and Harbin Power form joint wind power venture
- 2010-09-28 15:37:27
- Junior Isles
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 buys solar generation company Recurrent Energy
- 2010-09-23 13:28:18
- Junior Isles
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.
Quantum Energy Partners launches US power development company
- 2010-09-22 14:15:51
- Junior Isles
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.
China’s generation capacity approaches 1 Terawatt
- 2010-09-21 00:26:58
- Junior Isles
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 to buy Green Mountain Energy
- 2010-09-17 18:17:18
- Junior Isles
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 to dramatically increase wind power production
- 2010-09-16 19:26:47
- Junior Isles
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.
