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China To Subsidize Hybrids
China is planning to subsidize the purchase of plug-in hybrid cars by up to CNY50,000 ($7320.91) in five cities.
June 01, 2010
India Adds Renewable Projects
India has added 2,330 MW of renewable energy to its grid, or 16% of its total capacity, in the fiscal year ending in March 31.
June 01, 2010
The Balkans Entice Energy Investors
The power sector in the Balkan countries, especially Romania, are attracting many foreign investment firms, but until governments are willing to liberalize power generation, outside investment will be unreliable.
June 01, 2010
Geothermal Co. Plans Acquisition
Nevada-based Ram Power is planning to buy Vancouver, B.C.-based Sierra Geothermal Power in a stock-swap deal that values Sierra at C.213 ($.201) a share.
June 01, 2010
Solar Stumbles Due To Subsidies
The solar energy field in Europe is facing major hurdles in Europe due to reduced subsidies and uncertainty over retroactive cuts of subsidies for built or under construction projects.
June 01, 2010
Kenya To Receive World Bank Loan
The World Bank has approved a $330 million loan for Kenya to expand electricity access throughout the nation.
June 01, 2010
U.S. Congress Proposes Aid For Electric Cars
Legislation introduced in both the U.S. House and Senate Thursday calls for the federal government to help cities develop the infrastructure needed for electric cars and offers tax incentives for buyers of the cars.
June 01, 2010
Nigeria Mulls Sale
Nigeria is weighing the sale of state electricity system, which could raise around $4 billion, but worsen supply problems for already weak distributors.
May 28, 2010
Belarus, Russia In Energy Tussle
Prime Minster Sergei Sidorsky of Belarus has canceled a trip to Russia to discuss a customs union between the nations amid a disagreement over energy prices.
May 28, 2010
Power Grid Maker Makes Successful IPO
China Titans Energy Technology Group stock rose roughly 47% after an initial public offering on the Hong Kong stock market.
May 28, 2010
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