Iberdrola planning large pumped-storage plant
The 850-megawatt (MW) Muela II Hydroelectric Power Plant will be added to the Cortes-Muela Hydroelectric Complex to increase pumping capacity from 555 MW to 1,110 MW and for the complex to reach a total power output of 1,260 MW.
The $304 million project began construction in March 2007 on the Jucar River in Spain.
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Ford deal to build electric cars in Oakville comes amid $500M government cash to upgrade plant
TORONTO - The federal government and Ontario have pledged to spend up to $500 million to make the Ford plant in Oakville, Ont., able to build electric vehicles.
The future of the plant has been a key question for Canada's automotive industry ever since the Unifor union started negotiating with the automaker for a new three-year pact to cover the company's Canadian workforce.
The two sides struck a deal a few hours after a midnight strike deadline on Tuesday morning, one that will see the company commit $1.98 billion to build five new electric vehicles and an engine contract that could yield…
