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Fukushima builds ‘ice wall’ to contain leaks

Officials at the Fukushima Daiichi nuclear power station in Japan have shown an underground wall of ice they are building to stop radioactive water from leaking from the facility. Tepco, the owner of the station, which is still crippled three years after an earthquake and tsunami set off nuclear meltdowns in the region, has been fighting a continuous battle to deal with hundreds of thousands of tonnes of co ...

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State Grid Corp of China in frame for stake in Italy’s energy grids

China's state power grid is one of two bidders for a large stake in Italy's energy grids, but such a link could create problems because the Chinese and Italians both aim to buy assets around Europe, sources said. As part of a privatisation drive to cut public debt, Italian state lender Cassa Depositi e Prestiti (CDP) is trying to sell up to 49 per cent of CDP Reti - the vehicle that controls gas grid Snam a ...

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New row over APPDCL’s ownership

Ownership of the AP Power Development Company Limited (APPDCL) promises to be the latest bone of contention between the two newly formed States of Telangana and Andhra Pradesh. The transfer of equity held by former APGenco and the erstwhile AP government in the company, totally to the APGenco, is now being challenged by the Telangana Electricity Employees’ JAC. In its detailed report over various power rela ...

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Hydrogen fuel cell developer raises funds though IPO in London

Intelligent Energy, a prominent developer of fuel cell technology based in the United Kingdom, has raised nearly $70 million through its initial public offering (IPO) in London. The company had seen promise in the fuel cell industry and the global market, opting to launch its IPO in order to obtain new funding that would help it make progress on its various projects. Intelligent Energy has played a major ro ...

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Goldman and co sink $140m into Indian renewables firm

India's ReNew Power Ventures Pvt Ltd has raised $US140 million from three investors, including a private equity fund managed by Goldman Sachs, the renewable energy firm said on Thursday. Asian Development Bank invested $US50 million, while Global Environment Fund, a leading alternative asset investment firm focused on energy, environment and natural resources, invested $US20 million, ReNew Power said in a s ...

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China Renewable Energy Growth Driven by Ambitious Government Policy

China’s Rapid Renewable Energy Growth Driven by Ambitious Government Policies is a new market research publication announced by Reportstack. China’s renewable energy capacity increased from 27.8 Gigawatts (GW) in 2001 to 183 GW in 2013, and alternative sources are expected to account for more than 20% of the country’s total electricity generation by 2020. The report states that China’s emergence as a major ...

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