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EDF reiterates its support for Hinkley Point nuclear project despite Brexit

French power utility EDF on Monday reiterated its support for the development of delayed new nuclear power station at Hinkley Point in southern England, declaring that British referendum to quit the European Union will not affect its plans.

read more... 05/07/2016

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Norway-England subsea power link to advance despite Brexit

The construction of a subsea power link between Norway and England will continue despite Britain’s decision to leave the European Union, declared Norwegian transmission grid operator Statnett.

read more... 28/06/2016

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Tesla offers $2.8 billion to acquire energy company SolarCity

Elon Musk’s Tesla has made a stock agreement proposal of $2.8 billion (£1.9bn) to acquire his clean energy firm SolarCity.

read more... 23/06/2016

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Areva unveils restructuration plans, nuclear spin off

French nuclear group Areva plans to spin off two thirds of its nuclear operations and to invite strategic investors to acquire a one third stake, Areva stated on Wednesday.

read more... 16/06/2016

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EnBW will intensify cost cutting, reduce hundreds of jobs

German utility EnBW declared on Tuesday it would accelerate cost-cutting measures to save an extra 250 million euros ($280 million) by 2020, since it struggles with decreasing electricity prices and the cost of phasing-out nuclear power.

read more... 15/06/2016

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