Latest news

Atomenergomash and General Electric JV inks Akkuyu agreement

GE Steam Power Systems signed an agreement to offer the main equipment of the conventional island directed to the four nuclear turbines of the Akkuyu nuclear power plant in Büyükeceli, Turkey. The contract was offered to AAEM Turbine technology LLC, the Saint Petersburg, the joint company headquartered in Russia between Atomenergomash JSC (AEM) and General Electric (GE).

read more... 30/11/2017


Turkey targets to attain $5 billion in wind investment by the end of the year

Turkey intends to reach an investment of $5 billion in wind power by the end of the year with the aid of 1 gigawatt (GW) offered from Turkish Renewable Energy Resource Zone Project (YEKA) together with the concluded wind energy tenders of around 3 GW capacity, as stated by Turkish Wind Energy Association on Friday.

read more... 27/11/2017


Total’s entry in the French retail electricity market will shake prices

French oil major Total affirmed that it would start a price war with EDF and Engie in the French power retail sector, as it plans to offer a 10 percent price discount.

read more... 06/10/2017


EBRD and Proparco offer $116 million to Egyptian solar sector

Egypt has received funding for the development of two solar power projects, worth $116 million.

read more... 24/08/2017


Drax accelerates plans for coal conversion to gas

Britain's Drax, which once owned Europe's most polluting coal-fired power plant, is accelerating plans to transform one of its six units to gas and could offer for a capacity contract as early as 2019, as stated by its chief executive on Wednesday.

read more... 20/07/2017