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Appeals court allows new trial for ex-Westar execsA federal appeals court refused Monday to block a third trial for ex-CEO David Wittig and another former Westar Energy Inc.
Topix.net Tuesday, August 11, 2009Iraq allocates $2.4bn for electricity deals
The Iraqi minister of finance has said that $2.4bn has been allocated to pay for electricity contracts with General Electric (GE) and Siemens, Aswat al-Iraq has reported. The ministry has called for coordination with the Central Bank of Iraq (CBI) to send the money orders in an attempt to improve electricity production in the country. In December 2008 the ministry signed a $3bn contract with GE to import power stations with a capacity of 7,000 megawatts. The ministry had signed a further contract with Siemens to build new electricity generating stations with a capacity of 3,300 megawatts.
AME Tuesday, August 11, 2009Green jobs await recovery
Hiring in the alternative energy industry will pick up in the next 12 months, though it will take some time before so-called green jobs will become a bigger part of the U.S. job market, Labor Secretary Hilda Solis said Monday.
Houston Chronicle Tuesday, August 11, 2009Dynegy will sell nine power plants in $1.5 billion deal
Dynegy will sell nearly a quarter of its power generating capacity in a $1.5 billion cash and stock deal the company says will work in combination with layoffs and other cost cutting to help shore up its finances.
Houston Chronicle Tuesday, August 11, 2009Kuwait creates KD5m companies
The Kuwait government has said it has established two closed shareholding companies with a capital of KD5m, Kuna has reported. The first company, KIC Petrochemicals, was established with a capital of KD3m to provide various maintenance and public services to the oil sector. The second company, the Arabian Sponge Industries, was established with a capital of KD2m and will focus on private exhibitions and the ownership of real estate.
AME Tuesday, August 11, 2009ABB wins $60m Saudi Electricity deal
Swiss engineering group ABB has said that it has won orders worth $60m from the Saudi Electricity Company, Saudi Arabia's national power transmission and distribution utility, to improve the power efficiency of 28 distribution substations. ABB will responsible for the design, engineering, supply, installation and commissioning of the projects, which are expected to be completed by 2010, according to the Wall Street Journal. Furthermore, ABB will provide power factor correction for 19 substations rated 33/13.8 kilovolts in the central, southern and northwestern provinces, and for nine, 132/33 kV substations in and around Riyadh.
AME Tuesday, August 11, 2009First Australia-India long-term LNG deal reached
Australia has secured its first long-term liquefied natural gas supply deal with India, with India's Petronet LNG signing a 20-year agreement to take gas from the massive Gorgon project.
Topix.net Tuesday, August 11, 2009Duke Signs MOU With China Huaneng Group to Pursue Renewable Energy Technologies
Duke energy plans to explore a variety of renewable and other clean-energy technologies with China Huaneng Group, China's biggest electric utility, as part of a Memorandum of Understanding signed this week in Beijing. The MOU encompasses high-level discussions and information-sharing on a number of renewable and clean-energy fronts.
Renewable Energy World Tuesday, August 11, 2009MGT Planning 295-MW Biomass Plant in UK
MGT Power Ltd. has announced plans to develop a second major biomass power generation project at the Port of Tyne in the North Tyneside, England. The proposed 295-megawatt (MW) Tyne renewable energy Plant (Tyne REP) will be located on industrial land in the Port of Tyne, North Shields and is 10 kilometes east of Newcastle City Centre.
Renewable Energy World Tuesday, August 11, 2009Enel Completes 6-MW PV System in Italy
A 6-megawatt (MW) solar photovoltaic plant in Montalto di Castro, Italy has just been completed by Enel.si. This project joins the company's solar portfolio, which also includes a 3-MW plant in Serre Persano, Italy's first large-scale photovoltaic plant, which was inaugurated in 1993 and is still fully operational.
Renewable Energy World Tuesday, August 11, 20091 2 3
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