Asia
Malaysia utility TNB pledges $2m to fight Covid19
Malaysian utility TNB has pledged $2.3m to the country’s Ministry of Health as part of a corporate initiative to help fight the COVID-19 outbreak.
Asia
Wartsila wins deal for Bangladesh gas engine plants
Two 30 MW gas engine power plants are to be built in Bangladesh to provide onsite power for a major business conglomerate.
Companies
Hinkley Point faces French union challenge
The long-awaited final decision by EDF on whether to go ahead with Hinkley Point C nuclear power plant in the UK is set to made tomorrow.
Biomass
Putting energy tax on renewables is ‘like putting alcohol tax on...
Dorothy Thompson, the chief executive of Drax Group which operates the UK’s biggest power station, has spoken of her dismay at recent changes to UK government policy on renewables.
Asia
How power plant upgrades are boosting flexibility
We explore how retrofits and upgrades offered by equipment manufacturers can increase operational flexibility and offer cost savings.
Asia
Total buys stake in UK shale gas sector
French company Total has become the first oil and gas major to buy into the UK shale gas market.
Companies
Utilities to double mobile staff and spend $421m on devices
The global utility mobile workforce is predicted to more than double in the next six years and spending on mobile workforce devices and applications will hit $421m, according to new research.
Companies
TenneT gets €500m loan for German grid connections
Dutch transmission system operator TenneT has won €500m ($686m) of funding from the European Investment Bank for grid work as part of Germany’s Energiewende.
Asia
Global power and utility deals hit $31bn in third quarter
Deals in the global power and utilities transactions market were up 25 per cent in the third quarter of this year compared with the second quarter.
Companies
Barclays fined $453m for US electricity fraud
British bank Barclays and four of its traders have been fined $453m for manipulating electricity prices in the US.
