News & Announcements

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Over 70% China Coal Firms Lose Money

BEIJING, Jul 25, 2014 -- SinoCast Daily Business Beat - China National Coal Association (CNCA) President Wang Xianzheng said investigations showed more than 70% of coal firms in China suffered a loss-making operation. More...

Kyrgyzstan imports 72.5 mln kWh of electricity from Tajikistan YTD

Jul 25 - AKIpress News Agency (Kyrgyz Republic) - Kyrgyzstan has imported 72.5 million kWh of electricity from Tajikistan as of 1 July 2014, according to the results of socio-economic development of Kyrgyzstan in January-June 2014 prepared by the Government. More...

Proposed nuclear build is a bad idea

Jul 25 - Cape Argus (South Africa) - One does not have to be a politician nor an academic to realise that the proposed nuclear build is a bad idea. More...

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Energy firms ordered to pay more to victims of power cuts

Jul 25 - Herald, The (Scotland) - Energy companies that leave customers without power for more than 24 hours because of the effects of storms or bad weather are to face stiffer financial penalties after the regulator Ofgem announced it is more than doubling the fines it can impose. More...

JSW Arm Close to Buying Lanco UDUPI Power Plant

Jul 25 - Indian Business Insight - JSW Energy is in the final stages of concluding a deal for the acquisition of the 1,200-mw Udupi power facility of Lanco Infratech for around Rs6,000 crore. More...

China National Nuclear Teams Up with Foreign Peer

Jul 25 - Sinocast Energy Beat (China) - Canadian construction engineering service provider SNC-Lavalin declared memo inked with China National Nuclear Corporation (CNNC), forming cooperation in power generation, mining, metallurgy and environmental protection. More...

Italy plans to sell energy grid stake to China for EUR 2 billion

Jul 25 - MaltaToday - Italian Prime Minister Matteo Renzi with Chinese President Xi Jinping in Beijing last month.China State Grid is close to finalising a EUR 2bn investment in Italy's national power grid, the latest deal struck by China with government-owned infrastructure since the eurozone financial crisis. More...

Northern Power Systems launches new 60kW wind turbine in Italy

Jul 25, 2014 -- MarketLine - Northern Power Systems, Inc., a renewable energy technology company, has launched a new 60kW permanent magnet/direct drive wind turbine, the NPS 60-24, in Italy. More...

ET Solar supplies PV modules to Domilux for 728kW solar plant in Turkey

Jul 25, 2014 -- MarketLine - ET Solar Energy Corp., a provider of solar energy solutions, has supplied photovoltaic, or PV, modules to Domilux Leuchten Herstellung und Vertrieb GmbH, a German solar developer, for a 728kW rooftop solar power plant in Turkey. More...

Power Minister to Probe 248 Abandoned Containers of Power Equipment

Jul 25, 2014 -- Daily Independent/All Africa Global Media - The Minister of Power, Prof. Chinedu Nebo has promised to probe the reasons for the abandoning of 248 containers of power equipment spread across various ports in the country.The abandoned power facilities were meant to stabilize power supply . More...

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