Business

Munich / Boston, 2018-Aug-27 Successful strategic alliance with Bentley Systems, which started in 2016, to be further expanded Joint investment initiative extended by an additional €50 million, totaling €100 million Ambition to further accelerate joint business In the companies’ latest Alliance Board meeting, Bentley Systems and Siemens decided to further strengthen their strategic alliance. The […]

On August 8, Georgia Power announced that its revised capital and construction cost forecast for its share of the Plant Vogtle expansion project had increased from $7.3 billion to $8.4 billion, based on a revised cost-to-complete estimate from Southern Nuclear. The news was softened somewhat by Georgia Power’s declaration that significant construction progress had been […]

The power market is changing. It’s being driven more and more by the retail side of the business, according to Roy Palk, Esq., president of New Horizons Consulting. Palk will give a presentation titled “The Rise of Distributed Energy — New Challenges Bring New Opportunities” during the Distributed Energy Conference, which will be held at […]

Energy industry experts speaking at the MEGA Symposium in Baltimore, Maryland, on August 21 agreed that storage is becoming more important to the overall mix of U.S. power sources. They also said utility-scale storage solutions remain “years away,” even as technology advancements in battery systems occur more rapidly. Panelists at the session entitled “The Transformation […]

The Environmental Protection Agency (EPA) released a proposed rule to replace the Clean Power Plan—a rule regulating greenhouse gas emissions (GHG) from existing coal-fired power plants. The new “Affordable Clean Energy” rule sets GHG guidelines for states to set standards for performance for existing coal-fired power plants. The proposal is the newest development in a […]

Clean, secure, and uninterrupted power is at the core of Hawaiian Electric’s 50-megawatt Schofield Generating Station. Wärtsilä has signed a Maintenance and Operational advisory agreement for the power plant, located on the island of Oahu, 40 kilometres from Honolulu. The agreement will help the utility to maximize the availability and efficiency of the power plant. […]

The possible new operator of the largest coal-fired power plant in the western U.S. told Arizona regulators this week the company would run the Navajo Generating Station (NGS) at less than half its installed generation capacity in order to maintain profitability. An official for Illinois-based Middle River Power (MRP) also said the plant would operate […]

The world’s first AP1000 nuclear reactor—Sanmen 1 in China’s Zhejiang province—commenced 100%  power operation for the first time on August 11, China National Nuclear Corp. (CNNC) said. Sanmen 1 was connected to the grid on June 30. Earlier this year, China also put online Unit 5 of the Yangjiang Nuclear Plant on May 23, and Taishan 1, an EPR, on […]

It’s no secret that the gas turbine market in the Americas has been tough in recent years. Across the industry, there have been reports of shrinking orders, forcing drastic measures to cut costs, including restructuring of businesses and cutting large numbers of jobs. The story from Mitsubishi Hitachi Power Systems has been markedly different. In […]

Siemens’ digital services to maximize power plant’s performance Assets will generate more power and supply electricity to an additional 100,000 homes Project supports Iraq’s goal of meeting electricity demand In line with Iraq’s goal to improve the efficiency and availability of the country’s power plants, Siemens will provide inspection and upgrade services for two power […]

52-MWac FL Solar 5 project to produce low-cost, renewable electricity for Reedy Creek Improvement District NEW YORK–(BUSINESS WIRE)–Wells Fargo (NYSE: WFC) announced it has committed the capital in construction debt, as well as the tax-equity funding of $35 million for the new solar generation facility, known as FL Solar 5 in Orange County, Florida. This […]

An Indiana consumer protection agency has told state regulators they should reject Vectren Corp.’s plan to build a new natural gas-fired power plant in the state. Vectren wants the plant to replace four of the utility’s retiring coal-fired units. Indiana’s Office of Utility Consumer Counselor (OUCC) on August 13 said it completed a five-month legal […]

MONTRÉAL, Québec, August 14, 2018 – Pattern Energy Group Inc. (NASDAQ and TSX: PEGI) (“Pattern Energy” or the “Company”) and the Public Sector Pension Investment Board (“PSP Investments”) today announced the acquisition of the 147 megawatt (MW) Mont Sainte-Marguerite Wind power facility from Pattern Energy Group LP (“Pattern Development 1.0”). Mont Sainte-Marguerite Wind is located […]

Fargo, ND (August 9, 2018) — Xcel Energy celebrated the construction of its newest 150-megawatt wind facility in central North Dakota today. The event featured local landowners, company representatives, U.S. Senator Heidi Heitkamp, and other state and local officials. The Foxtail Wind project will provide low-cost wind energy to nearly 80,000 homes when it’s completed […]

Wood and National Nuclear Laboratory (NNL) have won a three-year contract from the UK government’s Department for Business, Energy and Industrial Strategy to carry out a key research project on fuels for the nuclear reactors of the future. Effective immediately, the two organisations will deliver the research and development necessary to provide a world-leading reactor […]

Order Received for 2 Sets of Steam Turbine Power Generation Systems MHPS to provide equipment for 1,330MW plant in Northern Vietnam Order for high-efficiency power generation systems Plant due for completion in 2022, will support Vietnam’s economic growth YOKOHAMA, Japan, Aug 9, 2018 – (JCN Newswire) – Mitsubishi Hitachi Power Systems, Ltd. (MHPS) has received […]

OAKLAND, Calif. (August 7, 2018)—California can retire at least 28 of its natural gas plants because they are no longer needed to meet the state’s electricity needs nor its carbon emissions reduction goals, according to an analysis released today by the Union of Concerned Scientists (UCS). The study analyzed the operations of all 89 natural gas plants […]

High-voltage power contractor Smith Brothers has secured an Independent Connection Provider (ICP) contract with sustainable energy specialist P3P Partners, marking the electrical engineering firm’s first foray into the fast-growing combined heat and power (CHP) market. A leading provider of CHP services, P3P develops energy-efficient centres across the UK and has previously delivered state-of-the-art solutions to […]

Siemens reported a 2% rise in industrial profit for its fiscal third quarter on August 2, topping analyst forecasts, though the German engineering giant also reported that revenue for the quarter dropped 4%. The earnings report comes as the company prepares to implement a new strategy that cuts its number of business divisions. The company […]

With an installed coal-fired generation capacity of 10 x 550 MW, Taichung Power Plant is amongst the five largest coal-fired power stations in the world. Six of the older units so far reclaim their ash by-products by mixing the ash with water to form slurry which is then further conveyed to ash retention ponds. The […]

General Electric (GE), long considered the most-prominent business in Schenectady, New York, on August 7 announced another 225 job cuts at its main campus in the city. The announcement comes as GE continues to restructure its operations amid a downturn in global demand for the company’s turbines. GE cut about 110 jobs at the Schenectady […]

A natural gas-fired power plant in New York state that planned to ramp up to full operations this month has been denied an air quality permit from state officials. Competitive Power Ventures’ (CPV’s) Valley Energy Center in Wawayanda, located in Orange County north of New York City, is in the final testing and commissioning phase, […]

The future of Georgia Power’s 865-MW coal-fired Plant Hammond in Floyd County, Georgia—which recently slashed more than half its workforce—is murky, company officials said August 3. The four-unit facility that began operations in 1954 employed 190 workers in September 2016. Today, according to company officials, the plant only has 41 full-time employees. Georgia Power Regional […]

MAN Energy Solutions has been chosen as the solution provider for two power plants in Bangladesh with a total of 15 MAN engines to boost energy generation capacities in the rapidly developing Asian country. The first plant is currently being erected in the country’s Chittagong District on the eastern bank of Karnaphuli River and is […]

The Environmental Protection Agency (EPA) does not intend to revisit national ambient air quality standards (NAAQS) for ozone that the Obama administration issued in 2015, a court filing shows.  The agency said in its final status report submitted to the U.S. Court of Appeals for the D.C. Circuit on August 1 that it has reviewed […]

Carboline has announced the acquisition of the Strathmore and American Coatings product lines. Strathmore is a manufacturer of high-performance coatings with a heavy focus on the rail industry. The American Coatings brand, which was acquired by Strathmore in 2014, has provided quality interior and exterior coatings to industrial manufacturers, contractors, tank builders, floor coating applicators […]

According to the International Energy Agency, global natural gas trade has grown by more than 40% over the past 15 years. Over the next five years, current trade flows are expected to significantly diversify, boosted by development of liquefied natural gas (LNG) infrastructure. LNG trade, which grew by 11% in 2017 to 391 billion cubic […]

The Mongolian government in late June commissioned the country’s second photovoltaic (PV) solar power plant, a 15-MW facility in the province of Dornogovi, in an “economic development zone” of

The massive project to build six EPR reactors at the Jaitapur site in Maharashtra, India, received a significant boost in late June as GE and French utility EDF signed a strategic cooperation agreement that

Daimler, the German automotive company best-known for the Mercedes-Benz line of vehicles, obviously knows a bit about cars. So perhaps it’s no surprise its subsidiary, Mercedes-Benz Energy, is using vehicle