Electricity News

Madrid - Spain's Bankia, rescued by the state from near financial collapse in 2012, announced Thursday it had raised 1.53 billion euros ($2.1 billion) by selling its stake in energy giant Iberdrola.

Madrid - Spain's state-owned bank Bankia, which was nationalised in 2012 to save it from collapse, said Wednesday it would sell its stake of 4.94 percent in Spanish utility Iberdrola.

A super battery has gone on display at a tech show. In a demonstration a Samsung S4 smartphone went from a dead battery to full power in 26 seconds.

Tokyo - Two Japanese companies have agreed deals to develop advanced coal-fired power plants in Malaysia and Myanmar as part of a government drive to export energy efficiency technology to emerging markets, a report said Sunday.

Brussels - The European Commission on Wednesday fined 11 producers of high-voltage power cables a total of 300 million euros for operating a cartel that secretly shared out the global market."These companies knew very well that what they were doing was illegal.

Gaza - The Gaza Strip's only power plant shut down Saturday due to a lack of fuel from Israel, which closed a goods crossing after militant rocket attacks, the energy authority said."The plant has completely ceased to function due to a lack of fuel caused by ...

Frankfurt - E.ON, Germany's leading power supplier, said on Wednesday it booked a sharp drop in profits last year as a result of Europe's energy transition and expected earnings to fall again this year.E.ON said in a statement its net profit plunged 46 percent to ...

At the annual meeting of the American Association for the Advancement of Science (AAAS) in Chicago, Stanford professor Marc Jacobson presented The Solutions Project, a roadmap for the development of renewable energy sources across all 50 United States.

Milan - Italian energy company Enel said Tuesday its operating profit rose by 7.6 percent to 17 billion euros ($23 billion), although the gain was largely due to disposals.

Romania has recently announced its decision to suspend the construction or operation of hundreds of small-scale hydropower plants in protected areas across the Carpathian Mountains, in order to protect regional biodiversity and aquatic ecosystems.