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Business 2003 P14



Groupe Electricité De France forges cooperative agreement with Konarka Technologies
Konarka Technologies Inc. has entered into a cooperative agreement with Groupe Electricité de France to develop and launch Konarka's polymer photovoltaic products into the global market to provide a source of renewable power in a variety of form factors for commercial, industrial, government and consumer applications.

Turbec reduce volume manufacturing
Rumours that Swedish microturbine engine manufacturer, Turbec is heading for bankruptcy have been dismissed by the company's managing director, Christer Tannander.

Konarka to supply EdF with solar technology
Konarka Technologies, Inc., a developer of polymer photovoltaic products, announced Tuesday that it has entered into a co-operation with Groupe Electricité de France (EdF).

British Energy secures rescue deal
UK nuclear power generator British Energy announced today that it had completed a last-minute restructuring deal with creditors. Failure to reach the agreement would have seen the firm, which supplies one fifth of the UK's power, put into liquidation.

E.ON completes Czech Republic power swap
E.ON today announced the completion of its acquisition of the shares in JME and JCE, regional utilities operating in the southern Czech Republic, formerly been held by CEZ, the Czech utility, and Energie AG of Austria.

Nuclear Energy Institute elects Tritch, McGettrick to board of directors
The Nuclear Energy Institute (NEI) has elected Stephen R. Tritch, president and chief executive officer, Westinghouse Electric Co.; and Mark F. McGettrick, president and chief executive officer - generation, Dominion Energy, to its board of directors.

Dynegy confirms discussions with Exelon regarding Illinois Power
Dynegy Inc. today announced that it is engaged in exclusive discussions with Exelon Corp. related to a possible sale of Illinois Power Company, Dynegy's regulated energy delivery business.

Aquila fails to complete Midlands deal
Aquila Inc. said Thursday that it has scrapped its plan to sell UK utility Midlands Electricity after failing to persuade bondholders to accept 86 per cent of their bonds' value.

Westinghouse appoints 3 fellow engineers
Westinghouse Electric Company announced the appointment of Arnold Fero, Steve Byrne and Tom Lytle to the position of fellow engineer.

Thales Information Systems partners with Verano to sell real-time security suite
Thales Information Systems has partnered with Verano Inc. to sell a real-time security software and services suite designed specifically for industrial control environments.

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