Business

Waypoint Leasing, a global firm that claims to be the world’s largest independent helicopter leasing company, has identified offshore wind farms as a growth opportunity for the helicopter market. Although still a small market, offshore wind power is expected to grow in coming years. According to WindEurope, a Brussels, Belgium-based wind industry advocacy group, a […]

The growth in power generation from renewable energy sources, along with the continued shift from coal-fired generation to natural gas, is expected to drive the global market for turbines over the next several years, according to a report released by international business analysts Research and Markets. The Dublin, Ireland-based company in an April 25 news […]

The technology group Wärtsilä continues its strong presence in Senegal with the signing of a contract to engineer, manufacture and deliver a 130-MW Flexicycle plant to be an integral part of Senegal’s energy future. The Malicounda power project in Mbour is located 85 km from the country’s capital Dakar. The order, booked in March, was […]

CenterPoint Energy, a Houston, Texas-based natural gas and electric utility company with sales and services operations in more than 30 states, on April 23 said it would buy Evansville, Indiana-based Vectren in a deal valued at more than $8 billion, including the assumption of more than $2 billion in Vectren debt. Both companies in statements […]

A report released this week by The Brattle Group says that if four nuclear power plants in Ohio and Pennsylvania are allowed to retire early it will cause “substantially higher emissions of CO2 and other pollutants” and that there will be “a significant increase in electricity prices” not only in the two states, but also […]

Siemens Gamesa Renewable Energy has won multiple wind power orders for a total of 140 MW from several industrial customers and a leading independent power producer (IPP) in India. Specifically, the company will handle the entire infrastructure needed to operate these projects (with installed capacity ranging between 2 MW and 58 MW), together with the […]

Siemens secured its first H-class gas turbine order in Mainland China. The company will supply two H-class gas turbines, two steam turbines and four generators for a power plant project in Guangdong Province. The customer is Huadian Fuxin Energy Corporation Limited (Huadian Fuxin), a subsidiary of China Huadian Corporation Ltd (CHD), one of the five […]

More and more people are finding distributed energy solutions are the answer for their power resource challenges. Distributed energy comes in many forms. Renewables such as solar and wind are top-of-mind when most people think of distributed resources, but natural gas-fired generation is often a good fit too, because it adds reliability to the system […]

A study from an economic, financial, and strategy consulting group says the Regional Greenhouse Gas Initiative (RGGI), a multi-state program designed to cap emissions from power plants in the northeastern U.S., has generated $4 billion in net economic activity even as it has increased electricity prices in the region. The report from the Analysis Group, […]

Doosan Lentjes is to provide its flue gas desulphurisation (FGD) technology for a 2 x 160MWe local lignite-fired power plant located in Canakkale/Can, Turkey, in cooperation with main contractor EKON Industry, Construction and Trade Co. The final client is Turkey’s largest electric power entity, the Electricity Generation Company, EÜAS. To help EÜAS reduce the negative […]