Environment
GDF, Siemens, Alstom Turn to Saudi Partners for $400 Billion in Contracts ACWA Power International, the
biggest Saudi power project developer, was rebuffed by GDF Suez
SA and Marubeni Corp. in 2004 when it proposed partnering to bid
for a $2.4-billion desalination and power plant.
Solar Millennium Plunges in Germany After Chief Executive Officer Resigns Solar Millennium AG, a developer of
solar-thermal power projects, slumped the most since the company
sold shares in 2005 after Chief Executive Officer Utz Claassen
resigned less than three months into the job.
Scottish Power, Pelamis Wave Win Latest in U.K.'s Tidal Energy Contracts Iberdrola SA’s Scottish Power unit
and Pelamis Wave Power Ltd. won some of the 10 contracts awarded
today by the U.K. government that aim to generate electricity
from changes in the tides.
U.S. Wind Industry Needs National Power Standard to Succeed, Governors Say Congress must set a national
renewable-power standard and revamp the electric grid to help
the burgeoning U.S. wind-energy industry reach its potential and
compete globally, governors from 29 states said.
Renewables Led by Hydro Take Bigger Share of Power Sector M&A, PWC Says Renewable energy, fueled by hydro
power, grabbed a bigger share of mergers and acquisitions in the
electric industry last year, PricewaterhouseCoopers said.
Shell Plans to Spend $100 Billion by 2014 to Revive Growth in Production Royal Dutch Shell Plc, reeling from
seven years of falling output, will spend more than $100 billion
by 2014 to revive production growth.
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