Get the latest power industry financial news for the power and utility companies covering financial results, company analysis, and new power projects. |
Bengal power company pins profit hopes on tariff rise
29/11/2011
State-owned West Bengal State Electricity Distribution has, by recognising $1.4m of unrealised revenue as “potentially recovera...
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German nuclear exit hits profits at utility RWE
10/11/2011
The boss of German utility RWE has acknowledged that the company faces hard times ahead following the government’s decision to ...
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SSE says Greater Gabbard wind farm foundations are defective
10/11/2011
UK utility SSE claims that the foundations supporting 52 turbines at the Greater Gabbard wind farm are defective. |
Huaneng gets approval for 600 MW coal fired units
28/10/2011
China’s largest independent power producer has had an $800m plan for two new 600 MW coal fired units approved by the government...
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Brazilian assets drive Iderdrola profits to new high
27/10/2011
Spain’s largest utility Iberdrola has seen its revenues pass €23bn ($32bn) for the first time in a nine-month period. |
Norwegian solar firm sees profits slump
26/10/2011
Norwegian solar panel manufacturer Renewable Energy Corp has suffered a net third quarter loss of NOK759m ($137.3m) and announc...
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Repower revenues up and capacity rises 90 MW
21/10/2011
Turbine manufacturer Repower Systems brought in revenues of €626 million ($864 million) in the first half of the 2011/2012 fina...
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Korea Electric announces larger quarterly loss
17/08/2011
Korea Electric Power Corporation (Kepco) posted a quarterly loss that exceeded estimates due to tariff curbs meaning higher fue...
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E.ON set to cut 10 per cent of global workforce
10/08/2011
E.ON AG plans to cut 11 000 from its global workforce and slash dividend payments after a first-half profit plunged because of ...
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Latin American assets bolster Duke Energy’s half-year results
03/08/2011
According to Duke Energy’s CEO Jim Rogers, the US utility’s international business Duke International Energy has enabled it to ...
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