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Florida utility FPL warns of prolonged power outages due to Hurricane Irma

Florida utility FPL warns of prolonged power outages due to Hurricane Irma

Florida Power & Light Company (FPL) has advised its customers to wrap up with their safety preparations and brace up mentally for widespread and prolonged power outages owing to the impending Hurricane Irma which is bound to arrive near Southwest Florida. The Florida electric utility predicts that it expects millions of customers to lose power […]

CEFC China Energy to buy $9.1bn worth stake in Russian oil giant Rosneft

CEFC China Energy to buy $9.1bn worth stake in Russian oil giant Rosneft

Energy acquisition : In the latest oil and gas industry news, CEFC China Energy Company has agreed to buy a stake of 14.16% in Russian oil giant Rosneft Oil Company for $9.1 billion from the consortium of Swiss mining company Glencore and Qatar Investment Authority (QIA). The acquisition of the Chinese oil and gas company […]

Macquarie to acquire Cargill’s power and gas business in North America

Macquarie to acquire Cargill’s power and gas business in North America

Australia-headquartered global investment banking, Macquarie Group has agreed to acquire the North America Power and Gas business of US-based Cargill for an undisclosed price. Cargill’s North America Power and Gas maintains offices in Calgary, Houston and Minneapolis in the US. The latest transaction between Macquarie and Cargill is likely to close in the course of […]

Pembina Pipeline to acquire Veresen to create energy infrastructure leader

Pembina Pipeline to acquire Veresen to create energy infrastructure leader

Pembina Pipeline will acquire its rival Canadian energy infrastructure company Veresen for about USD 7.1 billion in what will be a stock cum cash takeover deal to create a major North American energy infrastructure company. Pembina Pipeline Acquisition of Veresen After the Pembina Veresen merger, the combined company will boast of a diversified portfolio of pipelines […]

German offshore wind auction : EnBW awarded 900MW He Dreiht offshore wind farm in German North Sea

German offshore wind auction : EnBW awarded 900MW He Dreiht offshore wind farm in German North Sea

German offshore wind auction : EnBW Energie Baden-Württemberg has been awarded the He Dreiht offshore wind farm project of 900MW capacity, located nearly 85kms north of Borkum island in the German North Sea according to the latest German renewable energy news. This was after the Karlsruhe, Germany-based public utility company had successfully bid for the […]

New Kurnool solar power project of 350MW commissioned by SB Energy in AP

New Kurnool solar power project of 350MW commissioned by SB Energy in AP

The 350MW photovoltaic solar power plant built by Indian renewable energy developer, SB Energy, has been commissioned in Kurnool district in Andhra Pradesh. Housed at the state government-owned Ghani Sakunala Solar Park, the 350MW AP solar power plant will convert solar energy into electricity which will be enough to meet the power consumed by about […]

World Bank to fund $600m across Jharkhand projects

World Bank to fund $600m across Jharkhand projects

The World Bank has announced a financial support of $600m (around Rs 3,870 crore) to the Indian state of Jharkhand for four new projects, in the next 2-3 years. While, one of them is a water supply and sanitation project, another one is for improving power transmission capacity in the state. The announcements in this […]

Solar energy news : Enel breaks ground for new solar power plant in Mexico

Solar energy news : Enel breaks ground for new solar power plant in Mexico

Solar energy news : Italian energy company Enel has broken ground for a 238 MW Don Jose solar power plant in Mexico which will be built with an investment of USD 220 million. The Don Jose solar power plant is coming up at San Luis de la Paz in the Guanajuato state. Its construction will be […]

Kamuthi power plant in India becomes world’s largest solar plant

Kamuthi power plant in India becomes world’s largest solar plant

A new 648 MW solar power plant has been built in the southern Indian state of Tamil Nadu, covering an area of 2500 acres. The power plant facility is located in Kamuthi and is now the largest solar power plant in the world surpassing the 550 MW Topaz Solar Farm in California. Built by Adani Power in just […]

China Power Plant Collapse : 67 workers killed in Fengcheng, Jiangxi

China Power Plant Collapse : 67 workers killed in Fengcheng, Jiangxi

Around 40 people lost their lives when a part of power plant under construction suddenly collapsed in China on Thursday morning near Fengcheng in the Jiangxi province at 07:00 AM (23:00 GMT). The number of casualties in the China power plant collapse has been updated to 67 on November 25, 2016. In the official news reported by […]