Get the latest power sector business news for the energy and utility market covering renewable energy investments, power investments, financial results, and market analysis. |
Merkel dismisses environment minister
17/05/2012
German Chancellor Angela Merkel has dismissed her Environmental Minister, Norbert Röttgen. |
Eon sells European gas grid to Australian bank
17/05/2012
E.ON has announced the sale of its Open Grid Europe gas distribution network in a deal worth €3.2bn ($4.06bn). |
Positive trading update for Drax
16/05/2012
Coal power generators, Drax are reaping the benefits of lower costs in producing power, while sales are on the rise.
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Partnership begins Russian $159m hydro facility
16/05/2012
RusHydro in partnership with Alstom has started the construction of a $159m hydro power equipment manufacturing plant in the Ru...
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Wartsila signs gas power agreement in South Africa
14/05/2012
Wartsila has signed three year Operations & Maintenance (O&M) agreement with Sasol New Energy Holdings, a wholly owned ...
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Botswana to tender for coal power plants
11/05/2012
African nation, Botswana, is to issue a tender for two 300 MW coal fired plants to be built, construction beginning this year.
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E.ON records positive first quarter
09/05/2012
German utility E.ON has turned around its heavy losses of a year ago by posting a positive first quarter performance to 2012.
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Positive signs for investment in clean energy
08/05/2012
A new survey has found that the number of private capital investors planning to invest in Europe’s clean energy sector is set t...
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Alstom predicts three years of growth after order rise
04/05/2012
Alstom are forecasting a gradual improvement in its operating margin and more than 5 per cent annual sales growth over the next...
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Chinese government poised to take stake in UK nuclear
04/05/2012
Two Beijing-backed energy groups are in talks to buy the Horizon consortium in the UK, and in effect, take a significant stake ...
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