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Big plans for Angola hydropower potential.

Carlos Feijo, Angola’s Minister of State, announced that his government is planning to invest 18 billion USD to 2016 to rebuild its dams that were destroyed in their three-decade long civil war. This investment is going to be, till now, the country’s biggest one in the energy sector.

read more... 24/09/2010

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Sri Lanka to build its first nuclear power plant

A top government official announced on Monday that Sri Lanka is planning to build its first nuclear power plant within the next 20 years in order to produce cheap power to bring in big investments and improve its post-war economy.

read more... 21/09/2010

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PGE, Polish utility, signs a contract with Energa for $2.5 billion

PGE, Poland’s major utility, controlling over 40% of the electricity market, signed a transaction for 2.5 billion dollars, to acquire from the government 84% stake in Energa.

read more... 17/09/2010

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Hungary joins AGRI LNG Interconnector gas supply project

Hungary has signed an agreement with Azerbaijan, Romania and Georgia to join the Azerbaijan-Georgia-Romania Interconnector (AGRI) project, which would help diversify energy supply as the Hungarian government said on Tuesday.

read more... 15/09/2010

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SunEdison will add 400 MW of solar power in South Korea

The government of Gyeongsangnam-do, a region in the south-east region of South Korea reached an agreement with the solar energy company SunEdison, subsidiary of MEMC Electronic Materials, the development of 400 MW of solar power in the province.

read more... 14/09/2010

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