ABB has won orders estimated at approximately $900 million from a conglomerate including leading utilities Statnett and TenneT as well as promotional bank KfW to provide on-shore high-voltage direct current (HVDC) converter stations and the cable system in the German sector that will ease the first ever interconnection between the Norwegian and German electricity grids.
read more... 20/03/2015
Emissions limited by Europe's carbon market dropped by 3.7 percent in 2014, incited by higher production from renewable electricity generators and lower power consumption, as stated by analysts at Thomson Reuters Point Carbon on Wednesday.
read more... 19/03/2015
Finnish utility Fortum has decided to sell its Swedish power distribution business to a conglomerate comprising Canada's Borealis for approximately 6.6 billion euros ($6.9 billion), finalizing its withdrawal from Nordic electricity grid assets.
read more... 16/03/2015
Siemens, with Cengiz Enerji Sanayi ve Ticaret, has finalized the building of a combined cycle electricity plant in Turkey, two months before the schedule.
read more... 10/03/2015
Italy's electricity demand increased by 0.7 percent in February to 25.2 billion kilowatt hours from a year ago, after four months of declines, as stated by grid operator Terna on Friday.
read more... 09/03/2015