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  • 13 July 2017, 08:41.
    Berkshire Hathaway Energy to acquire Oncor Electric from EFH
    After being unable to strike a deal with Hunt Consolidated Inc. of Texas and Florida's NextEra Energy Incorporated, to sell off its subsidiary Oncor Electric Delivery Company LLC, Energy Future Holdings (EFH) is now in talks with Berkshire Hathaway Energy, a unit of Warren Buffett's Berkshire Hathaway Inc. for the same. The latter has announced its plans to buy Oncor for USD9 billion, in cash. Reportedly, including debt, the deal has an enterprise value of about USD18 billion. The acquisition would be one of Berkshire's largest ever, since the USD32 billion purchase of Precision Castparts Corporation in 2016.
  • 11 July 2017, 08:50.
    Enel signs agreement with Amber Kinetics
    Enel S.p.A. (“Enel”) signed a two-year agreement with Amber Kinetics, the US-based start-up born out of an initiative of professors and researchers from UC Berkeley, with the aim of jointly assessing the start-up’s innovative “flywheel” storage technology, which is an electro-mechanical system consisting of a large rotating mass able to store energy.
  • 10 July 2017, 08:49.
    NGCP testing system to power Samar, Leyte, Bohol from Cebu
    NATIONAL GRID Corp. of the Philippines (NGCP) said it had created a “bypass line” that would allow Samar, Leyte and Bohol to receive power from Cebu after an earthquake on Thursday caused blackouts on the three islands.
  • 07 July 2017, 08:51.
    Undersea HVDC cables, discovering some of the worlds top power interconnections
    The deepest submarine power cable in the world runs in the Tyrrhenian sea, 1,600 metres below sea level. It connects Sardinia with the Italian mainland. The project is called SA.PE.I and links the converter stations of Fiume Santo, near Sassari, and Latina.
  • 05 July 2017, 08:40.
    AAE-1 submarine internet cable linking Asia, Africa and Europe starts operations
    A 25,000-kilometre-long submarine cable system linking Asia, Africa and Europe has started operations, as China United Network Communications Group, a key participant in the cable project, accelerates steps to build internet infrastructure for countries and regions participating in the One Belt, One Road (OBOR) initiative.
  • 03 July 2017, 08:51.
    3SUN launche AMPERE project
    Enel Green Power’s photovoltaic module manufacturer 3SUN hosted in its headquarters in Catania, Sicily, the launch meeting of AMPERE   Automated Photovoltaic cell and Module industrial Production to regain and secure European Renewable Energy market. The meeting gathered representatives of all the partners involved. 3SUN is the coordinator of the AMPERE project. The project is...
  • 29 June 2017, 08:42.
    Air Liquide Signs New Contracts in the Fiber Optics Industry in China
     Over a one-year time period, Air Liquide (Paris:AI) signed new supply-contracts covering a period of 10 to 15 years with three major Chinese fiber optics manufacturers. In the frame of these new contracts with Futong Group Communication Technology, Yangtze Optical Fibre, and Zhongtian Technology Fine Materials, Air Liquide will supply a total exceeding 6,000Nm3 per hour of hydrogen and 4,000Nm3 per hour of nitrogen, together with bulk oxygen, helium, argon and carbon dioxide. Air Liquide will thus support the further development of China’s fiber optics industry.
  • 28 June 2017, 08:49.
    Enel Group signs agreement to acquire EnerNOC
    Enel Green Power North America, Inc. (“EGPNA”), an Enel Group subsidiary, has signed an agreement, unanimously approved by the board of directors of US-based company EnerNOC (Nasdaq: ENOC), to purchase 100% of EnerNOC for a total consideration of approximately 250 million US dollars . EnerNOC is a US-based leading provider of demand response and energy services for utility, commercial, institutional and industrial customers. The acquisition of EnerNOC will make the Enel Group a global leader in demand response services while bringing EnerNOC’s energy management technology and services to Enel’s existing commercial and industrial customers.
  • 26 June 2017, 08:42.
    The U.K. Wants to Lead World in Driverless and Electric Vehicles
    The U.K. government plans to invest more than 800 million pounds ($1 billion) in new driverless and zero-emission vehicle technology as it seeks to boost its economy while leaving the European Union.
  • 23 June 2017, 08:35.
    Chile, China moving ahead with underwater fiber optic cable connection
    The Chilean government announced Wednesday that it is working with China to install an underwater fiber optic cable between the two countries. At a press conference, Under-Secretary for Telecommunications Rodrigo Ramirez said the project shows China views Chile as a bridge to Latin America. "Through here,the largest flow of information and data will be passed."