More Personnel News

EDF clarifies position on Italian assets


EDF chief executive Jean-Bernard Levy says Italy will remain a key country for the French state-owned utility.

MHI unveils new Paris-based company to target EMEA regions


Mitsubishi Heavy Industries will this week unveil a new subsidiary set up to strengthen the company’s presence in the Europe, the Middle East and Africa.

CCSA remains positive despite Drax decision


The Carbon Capture and Storage Association is continuing to look on the bright side despite Drax’s announcement last week, although its chief executive acknowledged the industry is at a crucial juncture.

Blow for CCS as Drax pulls plug


Drax has announced that it will no longer be investing in the White Rose carbon capture and storage project once the development has been completed and is to withdraw from the Capture Power partnership.

PennWell announces leadership changes


PennWell Corporation, a diversified global business-to-business media and marketing services company, announced today the retirement of Robert F. “Bob” Biolchini as President and Chief Executive Officer and the election of Mark C. Wilmoth to succeed Biolchini as President and CEO.  Biolchini has been PennWell’s President and CEO since April 1, 2000 and Wilmoth has served as its Senior Vice President, Finance and Chief Financial Officer for the past 11 years.

Caterpillar warns it could axe 10,000 jobs


Caterpillar today warned it could shed 10,000 jobs by 2018 as part of a radical restructuring and cost reduction plan.

Siemens wins contract at $1.17bn Indonesian geothermal plant


Hyundai Engineering and Construction (HDEC) has awarded a contract to Siemens for the supply of three switchgear generators for a $1.17bn geothermal power plant, under construction in Tapanali Utara, North Sumatra province, Indonesia.

EDF looks to expand renewable power portfolio beyond EU borders


EDF wants to expand into renewable energy beyond Europe while still accelerating its renewable power capacity within the EU.

Vattenfall coal-fired power plants sale back on the table


Swedish utility Vattenfall’s long-delayed sale of its German lignite assets has been revived, thanks to a beneficial change in Germany’s policy towards coal.

288 MW Baltic 2 wind farm officially opens


Utility EnBW has announced the official opening of the 288 MW Baltic 2 wind farm, which is located 32km north of the German coast.

De Rivaz slams Hinkley Point C critics and confirms decision imminent


The chief executive of EDF Energy, Vincent De Rivaz, says the final investment decision on Hinkley Point C nuclear power plant is close to hand following rigorous planning, but took aim at what he called ‘doubters and procrastinators’ whose ends were to derail the project.

Awards for phase 3 of Dubai solar park in Q1


Dubai is to announce the winners of the third phase of a $3.3 billion solar energy park in the first quarter.

E.ON forced to remove nuclear operations from spin-off


Germany’s largest utility, E.ON, is set to record a massive €9bn ($10bn) loss due to impairment costs this quarter after deciding not to unload its nuclear business into a new company.

How to unlock MENA power investment


The power sector investment opportunities in the Middle East and North Africa are huge, but so too is the challenge in releasing that finance. So what is the solution?, asks Kelvin Ross

EDF chief admits Hinkley Point C to be delayed


Jean-Bernard Levy, EDF's chief executive, has confirmed that the proposed Hinkley Point C nuclear power plant has been delayed and will not start generating power in 2023 as planned.

Panama tenders for 350 MW


Panama's Electricity Transmission Company SA (Etesa) has carried out the auction of 350 MW of thermoelectric power plants with the participation of 28 companies, mostly Panamanian.  

Massive gas field find huge boost for Egyptian power generation


The discovery of a ‘super giant’ natural gas field off the coast of Egypt is set to help the country bridge its energy gap.

South Africa opens first coal-fired power plant in two decades


South Africa, beset by electricity shortage problems has opened its first coal-fired power plant since 1996.

RWE moves closer to $2bn British wind power park deal


RWE Innogy anticipates that it will have sewn up a $2bn (£1.3bn) deal to finance the Galloper offshore wind park project by November.

Bild outlines extent of struggle for power generators


Germany’s biggest selling newspapers have this week provided a telling description of the difficulties associated with the country’s power generation industry.