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Alstom to modernize the Russian electricity transmission and distribution grid

France’s Alstom, a world leader in transport infrastructure, power generation and electrical grid, has entered a 51/49 joint venture with Russia’s Soyuz Holding to manufacture and commercialize high voltage switchgear in order to modernize the Russian electrical grid. This agreement follows the memorandum of understanding signed in 2011.

read more... 26/06/2014

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France to raise electricity prices by about 5%

The French government intends to increase regulated power tariffs by approximately 5 percent in the autumn, as stated by Prime Minister Manuel Valls on Friday.

read more... 23/06/2014

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German solar industry breaks a production record in June

The German solar power industry generated a record of 50 percent of its electricity needs through solar panel at the beginning of June, breaking three previous national power production records, according to an analysis performed by the Fraunhofer ISE research institute.

read more... 20/06/2014

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Greenpeace: French nuclear power becomes more expensive than renewables by 2020

A report released by environmental activist group Greenpeace unveils that the electricity generated by onshore wind and solar installations could be more financially competitive by 2020 than the power from upgraded nuclear facilities in France.

read more... 16/06/2014

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Albania hopes to end dispute with utility CEZ soon

Albania hopes to settle a raw with Czech utility CEZ soon, concerning its loss-making electricity distributor in order to proceed with $200 million investment in its power sector, as stated by Energy Minister Damian Gjiknuri on Thursday.

read more... 13/06/2014

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