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Industry News 2006 P9



Partnership for SaskPower's clean coal project announced
SaskPower, Babcock & Wilcox Canada and Air Liquide have come to an agreement to jointly develop CO2 separation technology as the core process for SaskPower's proposed clean coal project for Saskatchewan, Canada.

New Chinese hydro plant to use GE turbines
GE Energy technology has been selected for a new, 300-MW class hydropower plant to be located on the Bing Lang Jiang River in Baoshan City, Yunnan Province, China.

Australia to finance world's largest solar power plant
The Australian government said it is willing to provide A$57 million to develop what could be the world's largest solar power plant.

1,000 MW gas project planned for South Africa
South African State-owned enterprise Eskom is reported to be close to authorizing a gas turbine energy project that will provide an additional 1,000 MW to the Western Cape region by the winter of 2008.

Morgan Stanley to invest $3 bln in GHG initiatives
Morgan Stanley plans to invest in approximately $3 billion of carbon/emissions credits, projects and other initiatives related to greenhouse gas (GHG) emissions reduction over the next five years.

Cemtrex expanding into energy efficiency carbon credits market
Cemtrex, Inc. announced that the company is expanding its scope of activities in the carbon credits market to include energy efficiency projects.

New IEA program launched to improve global power T&D networks
A new five year international cooperation and collaboration program, supported by the International Energy Agency, has been launched to help countries develop their electricity transmission and distribution networks.

Transcanada moves ahead with Northern Lights Project
TransCanada Corp. earlier this week announced it is now actively pursuing permitting for the Montana-to-Las Vegas, US, direct current transmission line that is expected to bring electricity from IGCC plants to the West.

E.ON promises steps to increase competition
At the annual conference of the German Federation of Industrial Energy Consumers (VIK) in Berlin, E.ON presented the first few building blocks for the future development of the German electricity market.

REpower celebrates possible legislation for offshore wind energy
REpower announced that it believes Germany's expected adoption of positive measures for offshore wind energy will open the flood gates for long-awaited investment in wind projects.

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