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Japan to fund coal-fired power plants worldwide

The Japanese government has unveiled its support for the development of coal-fired power worldwide, by providing an annual investment of $4 billion. The move is neglecting calls from the Obama administration and global environmental groups to reduce public funding for carbon-intensive coal.

read more... 24/07/2014

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Alstom to build a €450 million concentrating solar plant in Israel

French engineering group Alstom alongside BrightSource and NOY Infrastructure & Energy Investment Fund secured loans from the European Investment Bank and the Bank Hapoalim for the construction and operation of the Ashalim Thermal Solar Power Station in Israel.

read more... 15/07/2014

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Statoil discovers more gas off Tanzania

Norway's Statoil declared on Wednesday it had discovered more gas off Tanzania, increasing possibilities that a projected liquefied natural gas (LNG) plant could be larger than originally intended.

read more... 19/06/2014

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British government investment system employed for Islamic solar project

A British government investment scheme might turn into a platform for Islamic financial investments in the country, according to a firm which is employing the scheme to set up a small solar power plant.

read more... 12/06/2014

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Kosovo: power plant explosion killed two people

On Friday, a hydrogen tank blasted at Kosovo's second major power plant, killing two persons and injuring 14, according to officials.

read more... 09/06/2014

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