Latest news
E.ON to invest in Brazil power
German utility giant E.ON is planning to invest some $5.5 billion in the Brazilian power plant market through local player MPX Energia, according to international news.
read more... 11/01/2012
EDF to boost its stake in Edison
The French electricity company EDF has inked a deal with Italian shareholders that will give it majority control in Edison, Italy’s second-biggest power supplier. Edison, which has a market value of about 4 billion euros (5.2 billion U.S. dollars), is now controlled by EDF and a group of Italian investors led by regional utility A2A, which hold their stakes through holding company Delmi. EDF unveiled in a statement that the preliminary agreement included the acquisition of Edison by EDF and the acquisition of Edipower by A2A.
read more... 30/12/2011
E.ON to invest 7 billion euros in renewable energies
E.ON announced on Thursday its intentions to invest 7 billion euros in renewable energies over the next five years for the development of new power generation projects. The German utility plans to commission a new offshore wind farm every 18 months.
read more... 21/12/2011
Duke acquires Arizona PV plants
Duke Energy Renewable has recently acquired from Recurrent Energy two utility-scale power plants in Arizona, the Ajo Solar Project and Bagdad Solar Project for an unknown amount. These represent the company’s first plants in the West of America.
read more... 15/12/2011
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