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Siemens obtains first funding for Egypt power plant project

Egypt has obtained a first tranche of funding for an 8 billion euro ($8.5 billion) plan for power plants to be constructed by Germany's Siemens, as stated by the company and electricity ministry.

read more... 24/11/2015

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CFO: Npower could be sold by its parent RWE, blaming customer loss

German utility company RWE envisages selling its British business Npower, as billing glitches triggered an exodus of customers, declared Bernhard Guenther, its chief financial officer (CFO).

read more... 23/11/2015

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Norway: Grid operator orders temporary reduction in electricity consumption in Oslo

Norwegian grid operator Statnett on Friday ordered a provisional cut of electricity consumption by industries in Oslo from Sunday to avoid a power outage after a blackout that affected parts of the capital on Wednesday.

read more... 23/11/2015

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CEZ intends to bring idle reactors back on line this year

Czech electricity producer CEZ intends to bring all three idle units at its Dukovany nuclear electricity station back online this year to end continued outages that cut into 2015 earnings.

read more... 12/11/2015

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Siemens and Bolivia ink billion-euro energy memorandum of understanding

German industrial conglomerate Siemens has inked with Bolivia a long-term energy collaboration accord estimated at more than a billion euros ($1.1 billion), as it stated on Friday.

read more... 09/11/2015

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