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Press Releases
ABB FACTS solution to help maintain grid stability for TVA as power generation mix changes
Tennessee Valley Authority (TVA), the largest public utility in the US, is installing ABB’s static var compensator (SVC) technology to help ensure system reliability as fossil fuel component of total energy mix declines. SVC’s enhance grid stabilization and at the same time enable a smarter grid. The ongoing quest to deliver power with a lower […]
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Press Releases
Amec Foster Wheeler joint venture breaks ground as prime contractor on Port Granby environmental remediation
Safe-storage of historic low-level radioactive waste Amec Foster Wheeler announces today the start of work on the Port Granby low level radioactive waste management facility in Southeast Clarington, Ontario. Following a shovel turning ceremony on Friday 29 April, Amec Foster Wheeler and its joint venture partner CB&I joined the Port Hope Area Initiative (PHAI) and […]
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Press Releases
EthosEnergy completes $4M generator rewinds in Indonesia
EthosEnergy successfully completed the on-time delivery of two 223MVA, 200MW Generator rewinds worth $4m for two steam turbines owned by Indonesia Power. The Generators are located at Tanjung Priok power plant site, Jakarta. EthosEnergy reverse engineered, manufactured, installed and commissioned the generator stators within the 140 day window required by Indonesia Power. The shop work […]
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Renewables
Senate Votes to Restore Funding for Wind Energy Research and Development
The U.S. Senate passed an amendment on April 26 that would restore funding for wind energy research and development (R&D) in fiscal year 2017 to $96.4 million—the same amount funded this fiscal year. The amendment passed by a vote of 54–42 as part of Senate consideration of the Energy and Water Development and Related Agencies […]
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Press Releases
Studsvik sells its Waste Treatment operations to EDF
Studsvik AB (publ) has today signed an agreement to divest its Waste Treatment business and facilities in Sweden and the UK to EDF Développement Environnement SA, a 100% subsidiary of EDF SA. The purchase price on a debt free basis is SEK 355 million, subject to certain closing adjustments. The transaction will generate a positive […]
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Finance
Mergers and Acquisitions in the Power Sector Soar in 1Q 2016
The volume and value of mergers and acquisitions (M&A) in the first quarter of this year have soared, according to the accounting and financial consulting firm PwC. According to PwC’s quarterly snapshot, American Power & Utilities Deals: Q1 2016, “The first quarter was the most active for power and utilities in recent history, with 22 […]
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Press Releases
Valmet to supply a wood pellet heating plant to the Helen Salmisaari power plant in Helsinki, Finland
Valmet will supply a wood pellet heating plant to Helen Oy’s Salmisaari power plant. The wood pellet plant will enable Helen to increase the use of bio fuels in district heat production in Helsinki. The new plant helps the city of Helsinki to meet its aim of increasing its production of renewable energy. The start-up […]
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Press Releases
NEC Supplies 1.2MWh, Large-Scale Energy Storage System to COLON Company Limited Mega Solar Power Plant
NEC Corporation (NEC; TSE: 6701) and NEC Energy Solutions (NEC Energy) today announced that they have supplied and completed the installation of a GSS® large-scale energy storage system, with a capacity of 1.2MWh and output of 500kW, to operate in conjunction with a large PV solar power plant established by COLON Company Limited (Kagoshima Prefecture, […]
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Press Releases
Mitsubishi Hitachi Power Systems Americas Awarded 42nd and 43rd Orders for Industry’s Best Selling Advanced Class Gas Turbine from Tenaska
M501J turbine’s technological advancements continue to reshape the power sector’s expectations for efficiency and reliability Mitsubishi Hitachi Power Systems Americas, Inc. (MHPSA) has been awarded a contract by Omaha, NE based Tenaska to provide two M501J gas turbines, each rated at 327 megawatts (MW), and generators for the Tenaska Westmoreland Generating Station, located in South Huntingdon Township, […]
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Press Releases
MidAmerican Energy announces $3.6 billion investment in renewable energy
Project will increase company’s wind energy equal to 85 percent of annual customer use Today, MidAmerican Energy Company announced a major project that will provide a cleaner energy future for Iowa. The announcement is a giant step toward realizing the company’s vision of 100 percent renewable energy for customers in the state. MidAmerican Energy is […]
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