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Two Beijing-backed energy groups are in talks to buy the Horizon consortium in the UK, and in effect, take a significant stake in the country’s nuclear programme.
Approximately $79bn is set to be invested by utilities and investors to build and modernize power plants in Germany as the country closes its nuclear reactors over the coming decade.
Cerro de Hula, parque construido por un consorcio formado por Iberdrola Ingeniería y Gamesa, ha entrado en operación comercial en Honduras.
Honduras will this month open its very first wind power plant, the new 102 MW capacity Cerro de Hula Wind Farm.
Iberdrola SA (IBE), Spain’s biggest electricity supplier, said net income slipped 2.3 per cent last year as the global economic slowdown damped demand.
Rosatom subsidiary Atomenergomash has forged a joint venture with Alstom for nuclear power plant steam turbines and this enterprise has announced an €880m ($1.1 bn) contract to supply turbines to the Baltic nuclear power plant in Kaliningrad.
A consortium led by Spanish energy giant Iberdrola is bidding for two wind farm projects in France.
NuGeneration, a joint venture between Iberdrola and GDF Suez, plans to build a nuclear power station of up to 3600 MW on land adjacent to the Sellafield nuclear site.
Between 2007 and 2010, the combined R&D budget of 15 major European energy suppliers increased by 40 per cent to more than €1.5bn, according to new research.
Iberdrola, the world’s leading onshore wind farm owner has applauded the Spanish government’s renewable subsidies freeze, saying it is a sensible move for a country that has been paying too much for electricity it does not need.
