Latest

Shaw Group, Toshiba Corp., and Exelon Corp. unit Exelon Nuclear Partners on Monday announced an agreement to jointly pursue opportunities to design, engineer, build, and operate new nuclear power plants in Saudi Arabia.

China is reportedly looking to build 10 nuclear reactors using AP1000 technology, including the four under construction at Sanmen in coastal Zhejiang province and at Haiyang, Shandong province.

AREVA and the Canadian province of New Brunswick last week signed a letter of intent to develop a clean energy park near the Point Lepreau nuclear station. The project would include a midsize third-generation reactor—and it wouldn’t be a prototype, AREVA has reportedly said.

Utility executives cite regulation, the environment, technology, finance, and end users as the five most critical issues facing the energy industry today, a newly released study by Platts and Capgemini finds.

GE on Tuesday invited technologists, entrepreneurs, and start-ups all over the world to enter a $200 million challenge that seeks ideas to create a smarter and cleaner power grid while also accelerating the adoption of more efficient grid technologies.

The U.S. Environmental Protection Agency (EPA) proposed regulations on Tuesday to tackle power plant pollution that drifts across the borders of 31 eastern states and the District of Columbia. Replacing the Bush-era Clean Air Interstate Rule (CAIR), the proposed “transport” rule seeks to reduce power plant emissions of sulfur dioxide (SO2) and nitrogen oxides (NOx) to meet state-by-state emission reductions.

Six Japanese companies established a joint venture on Tuesday to propose new nuclear projects abroad. The companies are Tokyo Electric Power Co. (TEPCO), Chubu Electric, Kansai Electric, Toshiba, Hitachi, and Mitsubishi Heavy Industries (MHI).

The Department of Energy (DOE) last week offered a $1.45 billion conditional loan guarantee to Spain’s Abengoa to finance the construction and start-up of a concentrating solar power (CSP) generating facility in Solana, Ariz. The facility, which Abengoa claims will be the “largest CSP plant in the world,” will use the first six-hour thermal energy storage system in the U.S.

The DOE awarded a $400 million conditional loan guarantee to Abound Solar Manufacturing for the assembly of thin-film, cadmium-telluride solar modules. The project will allow the manufacturing technology to be commercially deployed for the first time ever.

The U.S. Department of Energy (DOE) and the Department of the Interior (DOI) signed a Memorandum of Understanding (MOU) last week that will strengthen the working relationship between the two agencies regarding future development of commercial renewable offshore energy projects on the U.S. Outer Continental Shelf.