Latest news
Tule Wind Power Project approved
The US Department of the Interior gave approval to the construction of a 186 MW Tule Wind Power Project owned by Iberdrola Renewables. The project is the first one approved for public lands among the other five wind projects agreed on by Secretary Ken Salazar and then by the governor Arnold Schwarzenegger in 2009. The wind project will be built in the In-Ko-Pah Mountains of San Diego County, California (USA).
read more... 23/12/2011
Siemens to invest EUR 66 million in gas turbine research
Industrial group Siemens has announced its plans to invest EUR 66 million in the construction of new test centre for gas turbines near Berlin, Germany, which will make possible to study and validate the combustion processes in gas turbines, enabling the construction of more efficient gas power plants.
read more... 15/12/2011
TNK-BP to invest $10bn in Arctic oil fields
Russian oil company TNK-BP, 50 % owned by BP, will invest up to $10 billion in Arctic oil field development and construction of a pipeline, enabling thus the export of its reserves to Chinese markets by 2016.
read more... 15/12/2011
EBRD to loan 253 million dollars to RusHydro
The European Bank for Reconstruction and Development agreed to provide a long-term loan to RusHydro subsidiary in Russia, worth 253 million dollars (RUB8bn). The loan is provided for 10 years and will be allocated for restructuring of a recently acquired subsidiary, OJSC Energy Systems of the Far East (ESV).
read more... 14/12/2011
Vattenfall stops investments in German CCS pilot project
Swedish utility Vattenfall has shelved its plans for the construction of 300 MW carbon capture and storage (CCS) pilot project in Jänschwalde, Germany, following strong public opposition based on environmental concerns.
read more... 06/12/2011