Schneider Electric announces participation in Obama’s Better Buildings Challenge
Karachi: Schneider Electric has announced its participation in the White House’s Better Buildings Challenge, pledging a commitment to reduce the energy use of 9 million square feet of its own building space, covering 40 different plants, by 25 percent.A component of the Better Buildings Initiative launched by the White House in February, the Challenge calls ...
New Issue-Alstom prices 500 mln euro 2016 bond
January 26 | Thu Jan 26, 2012 10:35am EST January 26 (Reuters) -Following are terms and conditionsof a bond priced on Thursday.Issue Amount 500 million euroMaturity Date March 2, 2016Spread 245 basis pointsUnderlying govt bond over Mid-swaps, equivalent to 329.8bp over the 2.0 pct February 26,Payment Date February 2, 2012Lead Manager(s) CA-CIB, RBS, ...
Portantino’s bill aims to make utilities better prepared for disasters
For Assemblyman Anthony Portantino, who was among those left without power during last year's fierce windstorm, requiring utilities to be better prepared for emergencies is a no-brainer. Portantino, D-Pasadena, introduced a bill last week that requires the California Public Utilities Commission to establish additional standards for utilities' emergency preparedness plans, including using weather reports to ...
Statkraft to idle 430 MW gas-fired power plant in Germany
Source: Statkraft Statkraft is reducing its generation in Germany. the Emden based 430 MW gas-fired power plant will be put in cold reserve and the workforce will be reduced, Statkraft announced. a biomass plant located on the same site will continue to operate on a standalone basis. the decision is based on a diligent market evaluation ...
Feature: Small modular nuclear reactors – the future of energy?
Nuclear? Hell yes! fear of nuclear power is ignorant sillyness, grow up. its green, its safe, its ready to go. Im NOT talking about old school huge plants, tear them down. but the new kind could fill the gap untill fusion reactors become practical in lets hope 20-30 years. Lumpy - February ...
RePowerLA connects DWP energy efficiency to growing jobs
A new report calling on the LADWP to get real with energy efficiency links energy-saving efforts to jobs, which is interesting not only because of what they're saying, but who's saying it, and why. RepowerLA is a group with a mission, and a big part of it is to end DWP's reliance on coal ...
ABB Reports Fourth Quarter Results, Cautions on Early 2012 Margins
AdvertisementABB ABB turned in a respectable fourth-quarter performance, in our opinion, with organic revenue increasing 10% versus the prior year and orders also growing 10% over the same period. Management cautioned that operating margins may be under pressure for the start of the year, prompting us to revisit our near-term estimates. Our longer-term perspective ...
General Electric to hire 5,000 veterans over next 5 years
WASHINGTON - General Electric Co. plans to hire 5,000 veterans over the next five years and invest $580 million to expand its aviation business.The announcements Monday were part of a four-day event that the global conglomerate is hosting with partners in Washington, D.C., that focuses on issues such as manufacturing and job creation in America.GE ...
Alstom CEO: Getting Most Orders From Emerging Markets As West Slows
VADODARA, India -(Dow Jones)- Alstom SA (ALO.FR) said Friday it's receiving most of its new orders from emerging markets such as China, India and Brazil as the developed economies slowed, a fact that has led the French maker of power equipment and trains to spend bulk of its annual investment of EUR500 million in the ...
Swiss stocks – Factors to watch on Feb. 20
Mon Feb 20, 2012 2:28am EST Swiss stocks were expected to open higher on Monday, boosted byChina's move to ease bank lending capacity to combat slowinggrowth and by mounting hopes that debt-stricken Greece is aboutto get a second bailout package.The blue-chip SMI was indicated to rise 28 pointsto 6,265 points, pre-market data provided ...