Publication: Energy Business Review

First reported 33 mins ago - Updated 33 mins ago - 1 reports

Consolidated Edison to acquire 50% stake in two US solar projects

Renewable energy developer Consolidated Edison Development (ConEdison Development) has entered into an agreement with Sempra US Gas & Power to acquire 50% stake in two solar projects in the US.The projects include 150MW Copper Mountain Solar 2 plant near ... [Published Energy Business Review - 33 mins ago]
First reported 33 mins ago - Updated 33 mins ago - 1 reports

Brazil government allots $234m funds for wind energy projects

The Brazilian government has agreed to allot funds worth BRL478.7m ($234m) for developer Superintendencia do Desenvolvimento do Nordeste (Sudene) to finance wind energy projects in the country.Of the total funds, BRL299.3m ($147m) was approved for Faisa ... [Published Energy Business Review - 33 mins ago]
First reported 1 hour ago - Updated 1 hour ago - 1 reports

Nippon estimates annual sales of $49m from geothermal, mulls Asian expansion

Japan-based conglomerate Nippon Steel & Sumitomo Metal is estimating annual sales of JPY5bn ($49m) from its geothermal business by 2015.Further, its subsidiary Nippon Steel & Sumikin Engineering is mulling expanding business in Asian markets such as Indonesia, ... [Published Energy Business Review - 1 hour ago]
First reported 1 hour ago - Updated 1 hour ago - 1 reports

EDC, Alterra forms geothermal joint venture for South American market

Philippines-based geothermal energy producer Energy Development Corporation (EDC) has formed a geothermal joint venture with Canadian firm Alterra Power, with an aim to provide power to Chile and Peru.Under this collaboration, the companies will launch ... [Published Energy Business Review - 1 hour ago]
First reported 2 hours ago - Updated 2 hours ago - 1 reports

Australian Taxation Office slams US coal major Peabody with $72m tax, penalty

US-based coal major Peabody Energy has been slammed by tax and penalty charges of $72m by the Australian Taxation Office (ATO).The total amount comprises $50m towards unpaid taxes and fines of $22m. The fine comes after the company in its 2012 financial ... [Published Energy Business Review - 2 hours ago]
First reported 2 hours ago - Updated 2 hours ago - 1 reports

UK firm Doosan secures 150MW biomass transformation contract

UK-based energy company Doosan Power Systems has secured a contract to convert E.ON's coal-fired plant into a 150MW biomass facility in Gardanne-Meyreuil, France.The project in line with E.On's strategy to further its clean energy portfolio also includes ... [Published Energy Business Review - 2 hours ago]
First reported 2 hours ago - Updated 2 hours ago - 1 reports

US, EU in talks with China to settle solar panel antidumping charges

The US government and European Union (EU) are seeking negotiations with Chinese authorities over China's antidumping and anti-subsidy trade cases involving China's yearly solar panel shipments.The discussions are aimed at setting up a threshold value ... [Published Energy Business Review - 2 hours ago]
First reported 2 hours ago - Updated 2 hours ago - 1 reports

Quantum Pacific plans to gain back Intrepid's control on $5bn Tujuh Bukit project

Quantum Pacific Investment, Hong Kong-based private equity investor of Intrepid Mines, is seeking control over troubled $5bn Tujuh Bukit copper and gold project in East Java, Indonesia, through new board.The equity firm, which holds 5.4% stakeholder of ... [Published Energy Business Review - 2 hours ago]
First reported 2 hours ago - Updated 2 hours ago - 1 reports

Larsen and Toubro wins Midyan gas field contract in Saudi Arabia

India-based engineering and construction conglomerate Larsen and Toubro (L&T) has won a contract from Saudi Aramco to build facilities, including a gas processing plant to develop the Midyan gas field in Saudi Arabia.Aramco is building the new facilities ... [Published Energy Business Review - 2 hours ago]
First reported 4 hours ago - Updated 4 hours ago - 1 reports

Pteragen secures approval for $200m Peace Butte wind project in Alberta

Pteragen Canada, a renewable energy company, has secured final regulatory approval from the Alberta Utilities Commission (AUC) for the development of $200m Peace Butte wind power project.The 120MW wind project, planned over an area of 8,800 acres in S.E. ... [Published Energy Business Review - 4 hours ago]
First reported 4 hours ago - Updated 4 hours ago - 1 reports

Australian workers to halt operations at Rio Tinto's Newcastle coal terminal

The Maritime Union of Australia (MUA) is gearing up to block operations at Rio Tinto's Newcastle coal terminal in New South Wales for eight-hours on 24 May 2013.The disruption is planned as a part of ongoing industrial disputes at the facility located ... [Published Energy Business Review - 4 hours ago]
First reported 4 hours ago - Updated 4 hours ago - 1 reports

European Parliament approves new directive on offshore safety operations

Oil and Gas UK, the trade association of UK offshore oil and gas industry, has welcomed the European Parliament’s decision to approve a new directive regarding the safety of offshore oil and gas operations.As per the new directive, oil and gas companies ... [Published Energy Business Review - 4 hours ago]

Quotes

...is a part of the company's efforts to improve its financial returns and deconsolidate debt, besides raising funds for renewable growth projects. "We are partnering in two strategic renewable assets, both with strong project fundamentals, and advancing our commitment to growth in the renewable energy marketplace" added Sagara...
Doosan Power Systems chief executive Jinwon Mok was quoted by renews.biz as saying, "It is also a valuable reference for Doosan in the biomass sector, following on from our 2012 contract wins for the conversion of the Ironbridge power plant in the UK and the Atikokan Generation Station in Ontario, Canada." Coal-fired Provence 4 unit to be converted to 150MW biomass plant will use wood including forest chips, green residues and recovered wood to generate...
...US trade body spokesperson Carol Guthrie was quoted by Bloomberg as saying, "Our goal is to support a healthy global solar industry in conditions that foster the adoption of renewable energy and continued innovation and a level playing field for all."
...Butte project is the company's eleventh wind project in its portfolio of over 600MWs of projects currently in either operation or construction. "We are thrilled with the support offered to us by the local residents and landowners and appreciate the excellent work and cooperation during the permit approval process that we have received from Alberta authorities, among them the Alberta Electric Systems Operator (AESO), Cypress County and transmission facility owner Altalink LP" added Galobart...

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Consolidated Edison to acquire 50% stake in two... [Published Energy Business Review - 33 mins ago]
Brazil government allots $234m funds for wind e... [Published Energy Business Review - 33 mins ago]
EDC, Alterra forms geothermal joint venture for... [Published Energy Business Review - 1 hour ago]
Nippon estimates annual sales of $49m from geot... [Published Energy Business Review - 1 hour ago]
UK firm Doosan secures 150MW biomass transforma... [Published Energy Business Review - 2 hours ago]
Australian Taxation Office slams US coal major ... [Published Energy Business Review - 2 hours ago]
US, EU in talks with China to settle solar pane... [Published Energy Business Review - 2 hours ago]
Larsen and Toubro wins Midyan gas field contrac... [Published Energy Business Review - 2 hours ago]
Quantum Pacific plans to gain back Intrepid's c... [Published Energy Business Review - 2 hours ago]
Pteragen secures approval for $200m Peace Butte... [Published Energy Business Review - 4 hours ago]
Australian workers to halt operations at Rio Ti... [Published Energy Business Review - 4 hours ago]
European Parliament approves new directive on o... [Published Energy Business Review - 4 hours ago]
Toshiba begins power transformers production in... [Published Energy Business Review - 7 hours ago]
Gary Manders appointed Managing Director for Ci... [Published Energy Business Review - 7 hours ago]
Petrominerales wins bid on three onshore blocks... [Published Energy Business Review - 18 hours ago]
Statoil secures offshore oil and gas blocks in ... [Published Energy Business Review - 20 hours ago]
Sundanese firm Kenana plans to increase ethanol... [Published Energy Business Review - 20 hours ago]
OG&E evaluates tornado-affected electric grid i... [Published Energy Business Review - 20 hours ago]
National Grid of Philippines to complete 138kV ... [Published Energy Business Review - 21 hours ago]
NorthWestern's new Aberdeen generating unit sta... [Published Energy Business Review - 23 hours ago]
Duck River Electric upgrades smart grid infrast... [Published Energy Business Review - 23 hours ago]
Costain completes underground route for Nationa... [Published Energy Business Review - 23 hours ago]
Firestone seeks funds for $167m facility at Liq... [Published Energy Business Review - May 21 2013]
Lesotho, South Africa collaborate to develop $1... [Published Energy Business Review - May 21 2013]
Iluka Resources to invest $120m in sand mining ... [Published Energy Business Review - May 21 2013]
Rio Tinto mines three rare red diamonds at Argy... [Published Energy Business Review - May 21 2013]
Viento secures $15m Solomon facility contract f... [Published Energy Business Review - May 21 2013]
Paladin's subsidiary Langer Heinrich Uranium de... [Published Energy Business Review - May 21 2013]
Activists urge Indian government to block Urani... [Published Energy Business Review - May 21 2013]
Plains All American announces oil pipeline exte... [Published Energy Business Review - May 21 2013]
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