Business

Unit 1 of the Taishan Nuclear Power Plant completed its final regulatory test of continuous operation and full power for 168 hours on Dec. 13, marking the final milestone toward achievement of commercial operation, China General Nuclear Power Group (CGN) and EDF announced at a joint press conference held in Beijing, China, on Dec. 14. […]

Charah Solutions has launched MP618, a proprietary fly ash thermal beneficiation technology that improves the quality of fly ash produced at electric utilities and increases its supply of marketable fly ash to concrete producers nationwide. Our proven MP618 Multi-Process fly ash beneficiation technology allows for beneficiation of both wet and dry fly ash, reduces loss […]

Quimper, France, 17 December 2018. Sabella, a pioneering tidal and ocean stream turbine developer, has partnered with QOS Energy to improve the performance monitoring of its ground-breaking Ushant tidal energy project. The first 1MW tidal turbine of the plant, immersed 55 metres under water off the west coast of France, is equipped with more than […]

Valmet will supply automation technology to Pori Energia Oy’s Aittaluoto biomass power plant in Pori, Finland. The target of the company’s Aittaluoto 2020 project is to replace the outdated low-efficiency power plant processes, decrease the use of fossil fuels in energy production, and meet the operational requirements of the industry in the area. The modernization […]

CPV and Osaka Gas USA solidify shared commitment to helping meet energy demands in the U.S. Silver Spring, MD, Dec. 17, 2018 (GLOBE NEWSWIRE) — Competitive Power Ventures (CPV) has finalized the sale of 25 percent of its ownership interests in the CPV Towantic Energy Center (CPV Towantic) to Osaka Gas USA (OGUSA). CPV and […]

Hitachi Ltd. and ABB could announce an $11 billion deal as soon as December 17 in which Hitachi will acquire 80% of ABB’s power grids unit. Reports of the possible deal surfaced December 16, with Bloomberg and others citing sources familiar with the agreement who asked not to be identified. Neither ABB nor Hitachi commented […]

Equinor, Mayflower Wind Energy, and Vineyard Wind placed winning bids totaling $405 million to begin planning wind farms WASHINGTON—A highly-competitive auction for three offshore wind lease areas off the coast of Massachusetts concluded today with winning bids totaling a record-breaking $405 million dollars from Equinor; Mayflower Wind Energy, a Royal Dutch Shell and EDP Renewables […]

Additional Diablo Canyon Power Plant Proposal Affirms PG&E’s Commitment to Meet California’s Renewable and Clean Energy Goals SAN FRANCISCO–(BUSINESS WIRE)–Reflecting the company’s commitment to address the growing threat of wildfires, PG&E is proposing a series of important additional safety investments as part of its 2020 General Rate Case (GRC) to help further protect the 16 […]

Company’s New Sustainability Report Also Details Operational and Environmental Improvements NEW YORK – Consolidated Edison, Inc. (NYSE: ED) (“Con Edison”) announced today that its subsidiary has completed its previously announced purchase of a Sempra Energy subsidiary that owns 980 megawatts (MW) AC of operating renewable electric production projects and certain development rights for additional solar electric […]

Siemens on December 11 said it would lay off about 200 workers at a gas turbines parts and components service center in Houston, Texas, sometime in late 2019 or early 2020. A company spokesperson made the announcement Tuesday, saying the cuts are due to weak global demand for the company’s turbines. Siemens in a statement […]

WILMINGTON, North Carolina—December 10, 2018—GE Hitachi Nuclear Energy (GEH) announced today its intent to acquire the business and certain assets of REI Nuclear, LLC (REI Nuclear), a Columbia, South Carolina-based decommissioning technology and tooling design company. Subject to ongoing discussions, the acquisition is expected to close by the end of 2018. REI Nuclear specializes in […]

Siemens Gamesa will supply 60 units of its SG 4.5-145 wind turbines with a flexible power rating of 4.2 MW to Enel Green Power’s Parque Amistad III and IV wind farms in Coahuila, Mexico Projects were awarded during the 2017 Mexican Auction Siemens Gamesa Renewable Energy made a big step forward in strengthening its product […]

Wood has won a major contract from Magnox Ltd to retrieve, process and dispose of radioactive waste from a UK nuclear power station that is being decommissioned. The construction, design and management project will involve the removal of 47m³ of radioactive wet waste stored in tanks at Dungeness A in Kent, which ceased generating in […]

A novel floating power plant that combines a 145-MW gas-fired combined cycle power plant and a battery energy storage system could begin operating in the Dominican Republic by early 2021.  Siemens and the marine arm of Singapore-based ST Engineering on December 3 said they jointly received an order for a SeaFloat barge-mounted power plant from […]

Turbine Efficiency Group is delighted to announce the acquisition of Gas Turbine Applications Inc (“GTA”). GTA is a highly-respected after-market services provider specialising in the Saturn and Centaur industrial gas turbines. The business serves a longstanding customer base operating from facilities strategically located in Calera, OK. The acquisition creates a leading independent service provider delivering […]

Hybrid power plant solution with integrated battery energy storage Power supply with a capacity of 145 megawatts Scheduled to start operation in Santo Domingo in spring 2021 Siemens and the marine arm of ST Engineering in Singapore have jointly received an order for a SCC-800 2x1C SeaFloat barge-mounted power plant from Seaboard Corporation subsidiary Transcontinental […]

Advanced-class Peaking Power Seamlessly Integrates with Renewables using Artificial Intelligence Lake Mary, Florida – Mitsubishi Hitachi Power Systems (MHPS) announced on December 4, 2018, that a leading Midwest US utility has ordered the new super-intelligent M501GAC Enhanced Response gas turbine. The SmartER GAC is an integration of MHPS’s proven and reliable G-Series turbine technology and MHPS-TOMONI […]

The two-unit Vogtle expansion in Georgia faces major challenges that are poised to derail its schedule and ramp up costs—and the project is already behind schedule, a consulting firm tasked with construction oversight of the project told regulators. In revealing testimony filed with the Georgia Public Service Commission’s (PSC’s) public interest advocacy staff on November […]

Orders for leading HA gas turbine booked in the third quarter in Florida and Taiwan HA has achieved more than 220,000 operating hours in the field  Customers Invenergy and Bahrain Aluminum’s HA-power plants successfully first fired Gas will play a vital role in a cleaner energy future according to newly announced GE Gas Power CEO […]

NEW YORK, Dec. 5, 2018 — Peak Power Inc., a leading energy services provider, announced today that it has successfully completed the installation of 375 kW / 940 kWh of battery energy storage with GHP Realty, a division of Houlihan-Parnes Realtors, LLC, at their headquarters at 4 West Red Oak Lane, White Plains, New York. […]

TAIPEI, Taiwan (Dec. 5, 2018) — The Taiwanese market links the global supply chain; from Apple to IKEA Group, Google to Unilever it creates products and services the world depends on. These companies have also all committed to using 100% renewable electricity, now Taiwanese companies are making the shift. The CIER-RE100 Partnership Launch event happened […]

Nemo Link interconnector is a joint venture between the Transmission System Operators Elia (Belgium) and National Grid (UK), to exchange electricity up to 1,000 MW between the UK and Belgium, using high voltage direct current (HVDC) technology. Nemo Link connects the Belgian and the British power grid with a combination of subsea and underground cables. […]

POWER-GEN International kicked off on December 4 with a keynote presentation focused on evolving power generation schemes and changing business models. Gregory Lee, commission president with Orlando Utilities Commission (OUC), the municipally owned public utility that provides water and electric service to Orlando, Florida, and portions of other nearby areas, opened the conference by providing […]

The real estate developer who has tried for more than two years to buy the assets of the canceled Bellefonte nuclear power plant project in Alabama has sued the Tennessee Valley Authority (TVA) after TVA last week pulled out of the deal to sell the plant. Attorneys for Franklin Haney, whose Nuclear Development LLC (NDLLC) […]

Average wind turbine capacity, rotor diameter, and hub height increased in 2017, continuing a long-term trend. One reason that wind producers choose bigger turbines is to optimize wind power project cost and performance, according to the U.S. Department of Energy’s Office of Energy Efficiency and Renewable Energy. Source: U.S. DOE, 2017 Wind Technologies Market Report, […]

Victoria state in Australia continues to see dramatic growth in solar and wind power, as well as battery storage systems, as the region rapidly expands its power generation capacity, in large part to serve the

Coal from domestic mines provides just more than 2% of Spain’s electricity generation, as the country has increasingly moved away from coal-fired power toward renewable sources. The administration of new

A 10-day reliability test for the 150-MW Noor Ouarzazate III thermoelectric solar plant in Morocco has wrapped up, demonstrating that the project can provide continuous rated power even in the absence of

For decades, floating power plants have been used widely as a source of flexible, decentralized power generation for several reasons. Among them are that they can be built cost-effectively and rapidly; they

A myriad of issues come into play when parties execute power industry mergers and acquisitions. Part 2 of this two-part series looks at the issues involved with acquisition agreements, and some of the more