Business

ROCKVILLE, Md.–(BUSINESS WIRE)–Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) announced today that in late February 2020 its wholly owned subsidiary, Gemma Power Systems (”Gemma”), entered into an engineering, procurement and construction (“EPC”) services contract with ESC Brooke County Power I, LLC to construct Brooke County Power, a 920 MW natural gas-fired power plant, in […]

Businesses are putting more emphasis on sustainability, coordinating their operations to ensure financial success while also being mindful of environmental concerns. Investors in many cases are demanding companies embrace sustainability, which often includes being more efficient in their use of energy. That’s one reason behind the growth in distributed power generation, as companies develop their […]

Mitsubishi Hitachi Power Systems (MHPS) has bagged an order for the first advanced-class gas turbines designed to transition to renewable hydrogen fuel from Utah’s state-owned Intermountain Power Agency (IPA). MHPS’s Lake Mary, Florida–based subsidiary MHPS Americas (MHPSA) on March 10 said that the contract for two M501JAC power trains are the first in the industry […]

CHICAGO, March 9, 2020 /PRNewswire/ — Uptake and Flexco have partnered to launch Flexco Elevate™ Belt Conveyor Intelligence™, a real-time belt cleaner monitoring system that harnesses the power of predictive analytics to remotely gather critical insights that optimize belt conveyor productivity and heighten operational efficiencies. Flexco Elevate™ allows for the remote monitoring of belt cleaners […]

General Electric (GE) has for the first time achieved blackstart of a GE heavy-duty gas turbine using battery energy storage. The company announced on Feb. 26 it completed black start of a GE 7F.03 gas turbine at a 150-MW simple-cycle unit at Entergy Louisiana’s Perryville Power Station using a 7.4-MW battery-based energy storage system. The […]

ABB has won a 10.6 million euro order for ABB Ability™ digital products and services at DolWin5 (Epsilon), which will support Germany’s energy transition through reliable delivery of enough renewable energy to power about one million homes. ABB will enable the reliability, safety and security of the energy transmission from DolWin5 (Epsilon) by providing a […]

Scope includes 18-year service agreement, as well as the manufacture and installation of generator rotor, to improve performance and reliability of Olkiluoto Nuclear Power Plant’s OL1 and OL2 boiling water reactors. Supports Finland’s energy objectives with CO2-free power for 16% of the country’s population Builds on GE’s 40-year service relationship at Olkiluoto, contributing to a […]

Mitsubishi Hitachi Power Systems (MHPS) is betting heavily on digitalization’s potential to reshape the power sector. Earlier this year, the power equipment and technology firm established a new division, Intelligent Solutions, to develop and deploy solutions that create “sustainable, profitable growth for internal and external customers by optimizing their operation and maintenance systems. “With operational […]

GE Power’s CEO on March 4 said his company sees the global gas turbine market stabilizing, in part due to better accessibility to natural gas worldwide. Scott Strazik made the comment during GE’s Investor Outlook on Wednesday. The event is an annual overview of the company’s operations that GE gives to investment professionals. The outlook […]

March 4, 2020 — The technology group Wärtsilä has signed a long-term operation & maintenance (O&M) agreement with Energía del Pacífico for a 378 MW power plant in El Salvador. The 15-year agreement was signed in Q4 2019 and will take effect when the plant commences operations at the end of 2021. Wärtsilä will start […]