Shanghai Electric Group has decided to acquire 40 percent of power engineering company Ansaldo Energia estimated at 400 million euros ($555 million), turning into the latest Chinese firm to purchase into Italy's economic revival.
read more... 09/05/2014
Germany's energy regulator Bundesnetzagentur defined on Friday plans for reserve power capacity for the next three winters in order to guarantee grids stability as a result of the shutdown of the nuclear plants and irregular renewable power raises.
read more... 05/05/2014
Czech Prime Minister Bohuslav Sobotka declared on Sunday he could not prevent majority state-owned utility CEZ spending a large amount of profit in dividends in the coming years.
read more... 05/05/2014
EnergySolutions sues Britain's Nuclear Decommissioning Authority (NDA) after being deprived of a contract of $12 billion to shut down the country's oldest nuclear sites.
read more... 29/04/2014
Siemens and the French government got involved in the plan of General Electric to purchase the power division of Alstom on Sunday with an another European offer and a promise to take action in France's national interest.
read more... 28/04/2014