The U.K. opened the world’s biggest offshore wind farm today, marking the start of a 33 billion- pound ($52 billion) push to expand sea-based generation more than 10-fold by the end of the decade. New Energy Secretary Ed Davey inaugurated Dong Energy A/S’s Walney farm, located in the Irish Sea about 9 miles off the [...]
BP Wind Energy has selected General Electric (GE) to supply 350 1.6MW wind turbines for projects in Kansas and Pennsylvania, under a $750 million contract which includes five-year service agreements. The first deal is for 88 1.6-82.5 model units for BP’s Mehoopany Wind Farm about 20 miles from Scranton, Pennsylvania, with delivery scheduled for later [...]
British utility, Scottish and Southern Energy (SSE) has announced it is pulling out of a deal to develop a new nuclear power station. The energy company is selling its 25% stake in NuGeneration Ltd (NuGen), which it set up with two other companies, GDF Suez and Iberdrola. NuGen was considering building a new nuclear power [...]
Duke Energy Renewables will build, own and operate the 202MW Los Vientos II windpower project in the US state of Texas. The company will start construction of the wind facility in Willacy County by December this year and expects to begin operations by the end of next year. Upon completion of a supply agreement [...]
BP Plc announced Wednesday that it has agreed to increase its share in Brazilian biofuel company Tropical BioEnergia S.A. to 100%, by acquiring the remaining 50% of the company from its current joint venture partners for a total cash consideration of approximately $71 million. BP will also refinance Tropical’s existing debt and BP’s current joint [...]
Germany’s decision to phase out nuclear power by 2022 is largely behind RWE’s 39% fall in half-year profits. At the very least, the decision will increase Germany’s reliance on coal, French (nuclear) power, and Russian gas by 20 billion cubic meters per year. Most worryingly, if unchallenged, it could give Gazprom the keys to European [...]
Britain on Wednesday approved two new 299 megawatt (MW) biomass plants proposed by power producer Drax, but the generator said its investment decision depended on whether soon-to-be-announced state biomass subsidies are high enough. “I am very pleased to give the go-ahead for these two new biomass power stations in Yorkshire and North Lincolnshire. They will [...]
Scottish & Southern Energy PLC, a U.K. electricity company announced Tuesday it has agreed to sell its 50% interest in the Braes of Doune onshore wind farm to a fund managed by Climate Change Capital for a total cash consideration of GBP61.3 million, excluding working capital. Details of the sale are – the electricity from [...]
© 2012 Nogtec Oil and Gas News. All Rights Reserved | Designed by Rabia Designs
Follow Nogtec On