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South Africa expected to be energy self-sufficient by 2019

The southern region of South Africa is likely to achieve energy sufficiency by 2019, wiping out its current 8,247 MW of electricity shortfall, according to energy ministers.

read more... 10/08/2015

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RWE to cut back its units to restructure its business

The largest power generator in Germany RWE envisages slashing its middle-management and to trim by about more than half from its 100 local subsidiaries in order to deal more promptly to the country’s energy sector revolution.

read more... 05/08/2015

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EDF will purchase 51 to 75% of Areva reactor unit

French state-controlled utility EDF declared on Thursday it will acquire between 51 and 75 percent of the reactor unit of nuclear conglomerate Areva based on an estimate of 2.7 billion euros ($2.96 billion) for the entire unit.

read more... 30/07/2015

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Polish opposition wishes to block railways’ sale of utility unit

Poland's most important opposition party, a frontrunner in pre-election polls, wishes to block the already settled 2-billion zloty ($537.1 million) sale of Polish state-run railways PKP's utility unit to global private equity fund CVC.

read more... 29/07/2015

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China to build two nuclear power plants in Iran

China envisages building two new nuclear power plants in Iran on the Makran coast, near the Gulf of Oman, Iran’s Atomic Energy Organization head Ali Akbar Salehi announced Wednesday.

read more... 24/07/2015

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