Power Sector Business

Get the latest power sector business news for the energy and utility market covering renewable energy investments, power investments, financial results, and market analysis.

Business News

Global offshore wind to grow fivefold says report

16/09/2014 The global offshore wind market is expected to increase more than fivefold from 7.1 GW in 2013 to 39.9 GW by 2020, according to...

China tops renewables investment poll but UK slips down

16/09/2014

China is now the top destination for renewables investment in the world according to an influential poll published today.

Is public acceptance a business risk for the nuclear industry?

12/09/2014 Having spent a day at the World Nuclear Association’s (WNA) annual Symposium in London, this reporter came away with the view t...

Alstom begins construction on 90 MW Polish wind farm

12/09/2014

One of Poland's largest wind power projects, and the first for Alstom in the country, began construction this week.

Pakistan's third private hydro project underway

12/09/2014

Pakistan’s third privately-developed hydropower project is underway with the award of a contract for owner’s engineer.

Chinese firm is sole bidder for Romanian nuclear project

10/09/2014 A Chinese company has submitted the only bid in a tender to construct a Romanian nuclear power project, state-owned power produ...

Dubai shortlists companies in clean coal plant tender

10/09/2014 Dubai’s state-owned utility has shortlisted eight companies in a tender for the construction of a 1200 MW clean coal-fired powe...

ABB announces move away from EPC to focus on core business

09/09/2014 Swiss engineering group ABB has announced that it is restructuring its business model under new CEO Ulrich Spiesshofer, who ste...
Offshore wind

RWE Innogy opts to sell North Sea wind portfolio for $1.6bn

05/09/2014 Northland Power is to buy 85 per cent of offshore wind power projects from top German utility, RWE, at an estimated cost of $1....
Tony Abbott and Narendra Modi

Australia-India uranium deal to assist Indian nuclear power drive

05/09/2014 A deal between the Australian and Indian governments looks set to boost Australia’s uranium industry as well as India’s nuclear...

From the Wires

Pinnacle Asset Integrity Services Honored at the 9th Annual Aggie 100

Pinnacle Asset Integrity Services Honored at the 9th Annual Aggie 100

Electric Vehicles in Canada: Surprising Gains or Missed Opportunity? New WWF Report Shows Both

Electric Vehicles in Canada: Surprising Gains or Missed Opportunity? New WWF Report Shows Both

Building Turbines Completes Installation of a New Version Rooftop Wind Turbine

Building Turbines Completes Installation of a New Version Rooftop Wind Turbine

Specialized Turning Precision Machined Valve Components Assure Tight Sealing

Specialized Turning Precision Machined Valve Components Assure Tight Sealing

Upcoming Power Events

VGB Congress "Power Plants 2014"

Hamburg, Germany
17/09/2014 - 18/09/2014

International Conference on Power & Energy Engineering

Bali, Indonesia
26/09/2014 - 27/09/2014

POWER-GEN Middle East

Abu Dhabi National Exhibition Centre, Abu Dhabi, U.A.E

7th International Gas Turbine Conference (IGTC)

Brussels, Belgium
14/10/2014 - 15/10/2014