European energy firms suffering ‘a perfect storm’, power bosses tell EU
22/05/2013
The bosses of eight European energy companies have warned EU leaders that the region’s energy sector is in a “perilous situation” and action is urgently needed. |
ABB chief Hogan quits for ‘private reasons’
13/05/2013
The Chief Executive Officer of ABB is to step down from his role for ‘private reasons’ after five years in charge. |
Denham puts $75m into Australian wind farms
07/05/2013
International private equity firm Denham Capital is investing $75m in a 1 GW portfolio of wind farms in Australia. |
Vattenfall launches probe into CEO bribe claims
30/04/2013
Swedish energy company Vattenfall has launched an independent investigation into claims that its chief executive Oystein Loseth accepted a bribe during a takeover deal. |
Fatality as fire devastates Ukrainian coal-fired power plant
05/04/2013
The Ukrainian government has vowed to rebuild the coal power plant that was devasted by fire last week. |
PGE may withdraw from $3.56bn coal-fired power project
03/04/2013
Poland’s biggest utility, PGE, has been advised to quit its flagship coal power project. |
UK Energy Minister John Hayes moved in reshuffle
28/03/2013
John Hayes has today been moved from his post as UK Energy Minister and replaced by fellow Conservative MP Michael Fallon. |
UK unveils tax breaks to kickstart shale gas industry
20/03/2013
The UK Chancellor George Osborne today unveiled a generous new tax regime for shale gas. |
New boss at Doosan Power Systems
19/03/2013
Jinwon Mok is Doosan Power Systems’ (DPS) newly appointed chief executive officer (CEO) and promises a strong “customer-centric approach” under his leadership. |
Another German gas power plant to close
15/03/2013
Statkraft is set to close a second gas-fired power plant in Germany as market conditions continue to bite. |
Vattenfall could axe 2500 staff to save $703m
08/03/2013
Swedish energy firm Vattenfall could axe up to 2500 staff by the end of 2014 as the company seeks to cut costs by SEK 4.5bn ($703m). |
Gaynor Hartnell resigns as REA chief executive
07/03/2013
Gaynor Hartnell is to step down as chief executive of the UK’s Renewable Energy Association. |
Memos of understanding signed for Czech nuclear project
27/02/2013
Westinghouse Electric Company, Toshiba Corporation and Metrostav have announced the signing of three highly significant Memorandums of Understanding (MOUs) with UJV Rez a.s., SKODA PRAHA Invest s.r.o. and KRALOVOPOLSKA RIA a.s.—all leading Czech-owned and operated engineering companies. |
Kazakhstan signs up Japanese nuclear expertise
19/02/2013
Kazakhstan is to be assisted in the development of its nuclear power plants by Japan after the Japan Atomic Power Co. and a Marubeni Corp. affiliate signed an agreement on Tuesday. |
Alstom Estonia chief denies wrongdoing in winning contract
12/02/2013
The head of Alstom Estonia has spoken out against allegations that the company resorted to unfair practices in order to win the contract to build Auvere power plant. |
SSE boss Marchant to quit
24/01/2013
Ian Marchant, the chief executive of UK utility SSE, is to stand down in the summer. |
Vestas to axe 3000 more jobs
07/11/2012
Danish windpower company Vestas is to shed a further 3000 jobs by the end of next year, on top of those the beleagured company has already announced. |
CHP growth expected regardless of US Presidential outcome
08/10/2012
No matter who wins the US presidential race in November, the stars are aligned for growth in combined heat and power, according to Joe Allen, chairman of the US Combined Heat and Power Association. |
Thoma appointed chief executive at BKW
18/09/2012
Swiss power company BKW has appointed Dr Suzanne Thoma as its new chief executive. |
Sinovel replace president after disappointing results
30/08/2012
The board at Sinovel have decided to replace their president, after posting disappointing first half profits. |
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