More Personnel News

The modern solution for every girth gear drive


Why soft starters are gaining market share over variable frequency drives.

European Commission renewables chief highlights importance of heating ahead of power


The head official at the European Commission’s renewable directorate says the EU’S focus needs to shift away from electricity towards heating and cooling if it is to achieve a balanced and successful energy policy.

South African mining corporation invests in solar power plant


In response to the difficulties associated with ongoing power shortages in South Africa, Sibanye Gold is planning the development of a solar power plant to produce electricity independent of the national grid.

Iberdrola chief says development of ETS critical for CCGT


Igancio Sanchez Galan, Iberdrola’s chief executive, says that the development of the European Emissions Trading System and coal prices will be a determining factor in the use of gas-fired plants in the Spanish power mix in the coming years.

CEZ ponders bid for Vattenfall assets in Germany


Czech power producer CEZ has expressed interest in the purchase of Swedish utility Vattenfall’s lignite coal and hydroelectric power assets in Germany.

$3.3bn losses to prompt Areva assets sale


French nuclear group Areva is expected to announce a loss of around $3.3bn from its 2014 accounts.

Siemens announces 7,800 job cuts as part of re-structuring


Siemens has announced that it will shed 2 per cent of its global workforce, with its power and healthcare units set to experience most of the losses.

Decline in power orders leads to disappointing results for ABB


ABB recorded a sales drop of 9 per cent as the company suffered from a decline in orders from its power business in Q4 of last year.

UK tidal lagoon boosted as investment target reached


The £1bn Swansea Bay tidal lagoon power plant project received a boost on Thursday with the news that it has met its target of raising £200m from two British institutional investors.

Rate of power component failure shows independent testing vital - DNV


DNV GL says that the extent of failures in power system components make it essential that independent testing is carried out.

MHPS signs power plant pact with Uzbekistan


Mitsubishi Hitachi Power Systems has signed a memorandum of understanding with Uzbekistan state-operated energy company Uzbekenergo to collaborate on power plant operation and maintenance.

Siemens profit drop partly blamed on power division


The performance of Siemens traditionally strong power generation division, together with its health care unit, has been cited for the overall disappointing profit statement released this week.

Call for energy engineering strategy to be UK election focus


With 100 days to go until the General Election in the UK, a new study has found that boosting training in engineering should be a focus in all the 2015 party political manifestos if the UK is to keep pace with international competition.

EDF in talks on sale of RTE grid network


French state-owned utility EDF is mulling the sale of its power distribution network in what could amount to a $17.1bn (EUR15bn) deal.

RWE could yet follow E.ON break-up example


Germany’s second largest utility hasn’t ruled out going down the same path as its chief rival, E.ON, and splitting the company’s generation unit up to better cope with modern realities affecting the European power sector.

Last call for expert power speakers at POWER-GEN Middle East


Global experts in the power sector now have until January 30 to submit abstracts of papers for the 13th annual POWER-GEN Middle East Conference and Exhibition.

Vattenfall to set up new wind business unit as part of re-jig


Swedish utility Vattenfall is creating a dedicated wind business unit as part of an overall reorganisation of the company.

RWE cuts renewable power investments in response to crisis


Germany’s RWE Innogy has decided to cut its investment in renewable energy as its debts continue to mount.

$2bn coal-fired power plant planned for India


China's leading power generation company is exploring the possibility of investing more than $2bn to build around 2000 MW of coal-based power plant in Gujarat.

Power price drop forces Finnish nuclear sector losses


The continuing descent of power prices has prompted Finland’s Teollisuuden Voima (TVO) to announce the laying off of 13 per cent of is staff.