In addition to their current financial woes, Vestas Wind Systems A/S is cutting a further 1,400 jobs to lower costs by more than 250 million euros ($311 million) in preparation for a decline in wind turbines installations it expects next year. The world’s biggest maker of the machines said it expects to have 19,000 employees at the end of the year, down 16% from the end of last year. It’s still considering ...

German Q-Cells was once the world’s largest manufacturer of silicon solar technology. However, due to the financial market crash and the rise of well-financed Chinese solar cell makers, the company was forced to declare insolvency in April of this year. After some fierce competition from various companies, Q-Cells has now been sold to the South Korean company, Hanwha. The creditors of the German company agr ...

Last month, India suffered the biggest electrical blackout in the world. Despite causing widespread chaos, such an incident will not have come as a huge surprise to the local population. Blackouts, brownouts and chronic shortages of power happen with an alarming frequency, with a huge percentage of the country without power at all. India relies primarily on fossil fuel power plants for the production of ele ...

EGAT are rapidly undertaking extensive environmental health and impact assessments for the installation of a new 600 MW coal fired power at the Mae Moh site in Thailand. The behemoth Mae Moh facility has been a controversial, but critical contributor to Thailand’s power capacity over it’s 27 year reign. Units 4-7 are rapidly approaching the end of their tenure with decommissioning expected soon. To adequate ...

There were positive reactions yesterday as Reliance Power begun mining coal from Sasan blocks in Madhya Pradesh six months ahead of the expected date. It targets increasing the output to at least 20 million tonnes per annum in four years. Coal from the mines is going to be used to generate electricity at the company's exciting Sasan Ultra Mega Power Plant (UMPP),one of India's largest domestic coal-based po ...

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