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Press Releases
ABB Will Upgrade Historic New Zealand HVDC Link
ABB has received an order from Transpower New Zealand Ltd to upgrade its high-voltage direct current (HVDC) link which interconnects the transmission grids of the North and South islands. The link is a vital element of the country’s transmission system and is used as an energy-balancing system, between the two islands. ABB Ability™ MACH control system, […]
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Renewables
Japan’s New Energy Plan Commits to Renewables—And Nuclear and Coal, Too
Japan’s government on July 3 approved a new Basic Energy Plan for the country, saying it is committed to increasing the role of renewable resources for power generation while also confirming it wants nuclear power to remain a vital part of the nation’s energy strategy. Japan issues a revised Basic Energy Plan, which outlines the […]
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Legal & Regulatory
Oyster Creek Will Close Sept. 17; Fuel Could Remain at Site for 60 Years
Officials with the U.S. Nuclear Regulatory Commission (NRC) on July 2 said Oyster Creek Nuclear Generating Station, the country’s oldest operating nuclear power plant, will officially close on September 17. They also said radioactive material is likely to remain at the site in New Jersey until at least the late 2070s, and perhaps beyond. The […]
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Renewables
Solar Power Hits New Highs in Britain
Solar power generation reached new highs in the United Kingdom recently, with a heat wave and stretch of sunny days across the country highlighting the potential for renewable energy in Britain. Solar produced a record 533 gigawatt hours (GWh) of power from June 21-28. Solar output topped 8 GW on each of the eight days, […]
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Press Releases
ATLAS RENEWABLE ENERGY ANNOUNCES USD $114.4 MILLION FINANCING OF URUGUAYAN SOLAR ENERGY PLANTS
Miami, FL (July 2, 2018) – Atlas Renewable Energy announced today the closing of long-term financing for its El Naranjal and Del Litoral solar PV projects in Salto, Uruguay. The financing was secured through a US Private Placement with several international investors, placed by DNB Markets, Inc. and the Inter-American Investment Corporation (IDB-Invest). The deal was […]
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Press Releases
Market for Dispatching Services: Be Power and ABB together for first projects of VPP and Demand Response
Milan, Italy (July 2, 2018) — Be Power and ABB will cooperate in the Dispatching Service Market (MSD). Be Power is the Digital Green Utility of the Building Energy Group with a trailblazing business model based on the synergies between the markets of energy and mobility. This model aims at integrating the opportunities arising from the […]
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Press Releases
Minesto initiates DG500 commissioning program
Marine energy developer Minesto has initiated the commissioning program of its first tidal energy project in commercial scale in North West Wales, with initial sea trials of the company’s DG500 tidal energy converter taking place in Holyhead harbour and the Holyhead Deep site. “The activities in Holyhead are progressing well and we are pleased to […]
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Press Releases
Fast-track delivery of Wärtsilä gas-fired power plant will help alleviate Myanmar’s electricity shortage in Kyaukse
The technology group Wärtsilä has been selected to provide the generating equipment for a new gas-fired power plant needed to alleviate the shortage of electricity in Myanmar. The power plant will operate on eight Wärtsilä 50SG gas-fueled engines, and the electricity generated will be fed into the national grid. The 145-MW plant is being built […]
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Nuclear
Russia Will Help Nigeria Develop Nuclear Plant
Nigeria’s government joined with Russia’s State Atomic Energy Corp. (Rosatom) last year with a goal to develop the country’s first nuclear power plant, a plan that both sides confirmed and talked about
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Renewables
POWER Digest [July 2018]
Renewable Projects Planned in Australia. CWP Renewables, a company based in Newcastle, New South Wales (NSW), Australia, on May 28 said it received a $700 million investment from Partners Group, a