Contribution By Saif Bepari
October 2, 2018
Scatec Solar and Norfund’s new 35 MW solar plant in Los Prados, Honduras has reached commercial operation and is connected to the grid. Sources claim that it is the second solar power plant in Honduras established in partnership by Scatec and Norfund. Scatec Solar CEO, …
Husky Energy proposes a $6.4 billion takeover deal to MEG Energy
October 1, 2018
Husky Energy Inc., one of Canada’s biggest energy companies, has reportedly made a hostile $6.4 billion bid to buy oil sands producer MEG Energy, a move that is believed could result into a stronger Canadian energy company. If the deal goes through, the new merged …
Govt urges PSUs to secure more coal mines to boost power generation
September 29, 2018
India’s Minister of State for Power R K Singh has reportedly asked state-owned energy firms like Damodar Valley Corporation (DVC) and NTPC to acquire more coal mines to revamp electricity generation as thermal energy will continue to be the primary source of electricity generation in …
Statkraft unveils plans to invest NOK 10 billion in renewable energy
September 28, 2018
Norway’s energy magnate Statkraft has reportedly announced that it plans to pour in close to USD 1.23 billion (around 10 billion Norwegian crowns) every year in renewable energy between the years 2019 and 2025. As per trusted sources, the state-owned energy firm claimed that it …
Georgia’s nuclear project to continue despite budget overages
September 27, 2018
The owners of the last nuclear power plant – the Georgia Vogtle – in the United States recently revealed that the project will continue to expand, amidst the constant disagreements over its budget overages. Reportedly, after the days of negotiations it was concluded that the …