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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
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Renewables
More Efficient with Fewer Emissions: Cement Factory Finds Sugar-Based Biomass a Sweet Solution
Environmental regulations and a need to reduce its fuel consumption provide the incentive for an Egyptian plant to change its manufacturing process. Energy companies constantly grapple with controlling the
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O&M
Sustainable from the Start: Tech Company a Model of Efficient Power Management
OWC is known in the tech field for its computer hardware. It’s also known for its on-campus power generation, which sets it apart from others in the high-tech field, showcasing a commitment embraced by the
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Solar
Advanced Microgrid a Natural Fit for Wisconsin Project
Providing power for a nature preserve required not just progressive technology, but also the innovative approach needed to embrace the facility’s educational and environmental missions. Interest in ensuring
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Press Releases
ABB, Ballard Power Systems Sign MOU on Zero-Emission Fuel Cell Power Plant
ABB, the pioneering technology leader, and Ballard Power Systems, the leading global provider of innovative clean energy fuel cell solutions, have signed a Memorandum of Understanding (MoU) on developing the next-generation fuel cell power system for sustainable marine e-mobility. The fuel cell power system, to be jointly designed, developed and validated by ABB and Ballard […]
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Press Releases
Ice Energy announces long-term funding agreement with Argo Infrastructure Partners
COSTA MESA, CA (June 26, 2018)— Ice Energy, the leading provider of distributed thermal energy storage solutions, announced that it has entered into a long-term funding agreement with private equity manager Argo Infrastructure Partners LLC (“Argo”). The investment establishes a strategic relationship that begins with $40 million in funding for Ice Energy and its current projects, […]
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Renewables
GE CEO: Company ‘Finished’ with Restructuring
General Electric (GE) saw its stock price surge more than 7% on June 26 after the company said it would dissolve its stake in oil services company Baker Hughes and spin off its healthcare unit over the next few years. The announcement comes one day after GE said it would sell its Distributed Power business, […]
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Press Releases
Rebranded ‘MAN Energy Solutions’ Replaces Former MAN Diesel & Turbo Name
MAN Energy Solutions represents a new vision, as reflected by a new, corporate design. The new branding embodies a strategic and technological transformation, a process the company had already begun back in 2017 by implementing its new strategy for the future: to expand its business with sustainable technologies and solutions such that they become its […]
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Press Releases
Wärtsilä, Hyundai Motor Group Announce Energy Storage Partnership
Seoul, South Korea and Helsinki, Finland (June 26, 2018) — The technology group Wärtsilä and Hyundai Motor Group have signed a technology and commercial partnership designed to utilize second-life electric vehicle (EV) batteries towards the growing energy storage market. The global partnership will combine Hyundai’s expansion in electric vehicles, with Wärtsilä’s growing energy business, which includes […]
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Press Releases
Siemens Will Supply Three Large Gas Turbines to Dubai
Siemens has received an order for three SGT5-4000F gas turbines from United Arab Emirates (UAE). The turbines will be used in Unit H Phase 4 of the Al Aweer power plant complex which is located approximately 35 kilometers from downtown Dubai. DEWA has awarded the project EPC contract to Siemens in a consortium led by […]
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Press Releases
DNV GL launches GPM Horizon—World’s first data monitoring platform for integrated wind, solar and energy storage systems
Munich, Germany (June 21, 2018) – DNV GL is launching GPM Horizon, the world’s first data monitoring platform with full integration of current and future renewable energy systems including solar PV, wind and energy storage assets. GPM Horizon enables future-proof fleet management by bringing digitalization technologies and integrated renewables systems together in one platform, which […]
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Press Releases
FlexGen Awarded Contract for ESS at Upton 2 Solar Power Plant
Vistra Energy, headquartered in Irving, Texas, has awarded a contract to FlexGen to design and integrate a 10-MW/42-MWh FlexGen energy storage system (ESS) at Upton 2 Solar Power Plant in Upton County, Texas. At 180 MW, Upton 2 is Texas’ largest operating solar facility. The Upton 2 plant consists of 718,000 photovoltaic solar panels. The lithium-ion energy storage project at […]
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Renewables
Restructuring on Horizon for Siemens and GE
Siemens and General Electric, two rivals battling financial problems due to fewer orders for their flagship energy products and services, could each announce major restructuring moves in the coming weeks, according to media reports. Reuters on June 21, citing a person familiar with the matter, said Siemens plans to merge or trim some of its […]
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Renewables
Siemens’ CEO: Sale of Turbine Unit Just ‘Media Speculation’
Siemens Chief Executive Joe Kaeser on June 19 said reports last week that the German engineering company was considering a sale of its gas turbines manufacturing unit are “media speculation.” Kaeser made the remarks during an event in Zurich, Switzerland. He told Reuters that his company wants to improve the performance of the turbine unit, […]
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Renewables
Analysts: Coal Generation Will Plummet More Than 70%
About half the world’s power will be generated by wind and solar resources by 2050. Generation from coal will drop more than 70% from today’s levels. That’s according to research from energy analysts published June 19 in the “New Energy Outlook 2018” (NEO) from Bloomberg New Energy Finance (BNEF). The NEO report outlines information from […]
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Gas
Memo: Siemens ‘Committed’ to Gas Turbines Unit
Siemens still hasn’t commented on reports it could be looking to sell its gas turbine business. But the managing board member responsible for the company’s power and gas division reportedly issued a memo to staff in the wake of those reports, saying Siemens remains committed to its long-time flagship product. Bloomberg, which on June 13 […]
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Nuclear
TEPCO Exec: Daini Plant Will Be Decommissioned
A Tokyo Electric Power Co. (TEPCO) executive on June 14 said the utility is prepared to decommission the four idle units at its Fukushima Daini nuclear plant in Japan. The comments come as TEPCO continues to struggle with large compensation payments and cleanup costs associated with the March 2011 accident at its Fukushima Daiichi nuclear […]
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Power
Siemens Reportedly Considering Sale of Gas Turbine Business
Siemens AG, the parent company of Siemens Power and Gas, is contemplating the sale of its lucrative but lately troubled gas turbine business, according to one major news outlet. Citing unnamed sources, Bloomberg on June 13 reported that the German giant may be considering the sale of its power and gas business, possibly to a […]
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Legal & Regulatory
FERC: There Is No Grid Emergency
President Trump wants to provide financial support to struggling coal and nuclear power plants. He’s told the Department of Energy (DOE) to make it happen. But a bipartisan group of lawmakers on Capitol Hill, along with commissioners from the Federal Energy Regulatory Commission (FERC), made it clear June 12 they don’t support federal government intervention […]
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Renewables
GE Will Cut Jobs, End Manufacturing at Virginia Plant
General Electric’s (GE’s) power unit has said it will end manufacturing operations at its plant in Salem, Virginia, next year, with more than 260 workers losing their jobs, according to union officials. Officials noted that 42% of the affected workers are eligible for retirement. The plan announced June 8 said the Salem plant, which opened […]
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Coal
Chicago Company Preparing Offer for Navajo Generating Station
A suburban Chicago-based energy company executive on June 7 told Arizona officials his group is putting together a proposal to purchase the Navajo Generating Station (NGS), the largest coal-fired power plant in the western U.S. The plant’s current owners have said they will close the 2,250-MW facility by year-end 2019 unless a buyer is found. […]
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Legal & Regulatory
Xcel Will Retire Coal, Add Renewables in Latest Plan
Xcel Energy, citing “historically low” costs for wind and solar power, said it wants to double its generation from renewable sources. Colorado’s largest utility also said it will retire two coal-fired units representing 660 MW at its Comanche Generating Station in Pueblo at least 10 years ahead of schedule. The changes were outlined in a […]
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Renewables
West’s Largest Coal Plant Could Get a Lifeline
The Navajo Generating Station (NGS) in Arizona is scheduled to close by year-end 2019, but intervention by the federal government could keep the West’s largest coal-fired power plant operating. At the same time, more than 300 of the plant’s workers, along with family members, union representatives and tribal leaders, held a rally in Phoenix on […]
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Renewables
Novel Geothermal Power Technology Being Deployed in Canada
In a bid to tamp down pollution, India’s government in December 2015 notified the country’s coal generators they would need to meet—for the first time—new emissions limits for nitrogen oxides (NOx)