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NTT to spend 600 billion yen on own grids for power business

Nippon Telegraph and Telephone has decided to build its own power grids. Japan's largest telecom company plans, beginning in the year ending March 2021, to sell electricity from storage batteries at its roughly 7,300 office buildings around the country, mainly to hospitals and factories.

read more... 12/11/2019

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Czech investor buys 80% stake in Irish power plant

EP UK Investments (EP UKI), a subsidiary of Czech EPH, has bought an 80% stake in an Irish power plant.

read more... 01/11/2019

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KORE Power plans 10-GWh battery production plant in US

US energy storage solutions provider KORE Power on Tuesday unveiled plans to build a US factory that will produce lithium-ion batteries for its Mark 1 energy storage systems.

read more... 23/10/2019

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Saudis to invest $3B in Bangladesh gas-to-power project

Saudi utility company ACWA Power and Saudi Aramco are set to invest $3 billion in a gas-to-power project in Bangladesh, the local government said in a Memorandum of Understanding ceremony last week.

read more... 21/10/2019

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Poland's cleaner power imports pile pressure on coal energy

Poland is on track to import a record amount of electricity this year as power traders buy cheaper and cleaner electricity from neighboring countries, reducing demand for the mostly coal-fired energy produced by state-run utilities.

read more... 21/10/2019

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