Latest news

Siemens will provide 111 wind turbines to Dong Energy

Dong Energy, one of the largest energy companies in Northern Europe, request Siemens for the construction of 400 MW wind power in one of its projects in Denmark. Siemens is responsible for building, installing and commissioning of 111 wind turbines.

read more... 29/06/2010


New contract for GDF Suez in Saudi Arabia

The French energy giant announced about the signing of a new contract for the construction of a 1730 MW power plant in Saudi Arabia. The new plant would be built as an Independent Power Project (IPP), 125 km west from Saudi Arabia capital, Al Riyadh. Simultaneously, GDF signed the contract to sell the electricity produced at this plant to Saudi Electric Company (SEC). The duration of the contract is 20 years.

read more... 16/06/2010


New finances for Areva group to finish Olkiluoto nuclear reactor

French nuclear group Areva is preparing to take a loan of approximately 380 million euros for the completion of the construction of the Finnish nuclear reactor Olkiluoto, which is scheduled to start generating power by the end of 2012, with a delay of more than three years.

read more... 09/06/2010


Voltalia to develop new solar project in Spain

The Community of Communes Pays de Jales has chosen Voltalia for the construction of a new solar park with an installed photovoltaic capacity of 2.5 MW.

read more... 26/05/2010


The cost of the South Stream project might be less than $25.41 billion

Sergei Kupriyanov, Gazprom's spokesman, announced on Friday that the Gazprom’s South Stream gas pipeline project is under construction and the cost will be less than 20 billion Euros ($25.41 billion).

read more... 17/05/2010