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Shanghai Electric acquires stake in Italian power engineering company

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

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Germany: reserve power plan for 3 winters ahead

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

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Czech utility CEZ’s dividend policy might modify in the coming years

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

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EnergySolutions takes legal action against UK’s NDA after losing $12 billion agreement

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

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Siemens and French government get involved in Alstom agreement

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

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