Business

At a time when deal activity in the energy and natural resources sector has slowed dramatically—down 26.2% globally year-on-year—one development in particular may define the industry’s near-term future. In mid-May 2020, French oil major Total opted not to pursue a deal, announced in 2019, to purchase the African assets of Anadarko Petroleum, a U.S. producer […]

Most consumers know that lithium-ion (Li-ion) batteries can get hot. People experience the phenomenon in devices such as cell phones and laptop computers. In extreme circumstances, the heat can cause fires with catastrophic consequences. One company that is working to remedy the problem is Burlington, Washington-headquartered LAVLE. The company’s COO Morten Pedersen and CTO Ben […]

Compact (H-type) vertical-axis wind turbines (VAWTs) are not as familiar as their horizontal-axis, propeller-type cousins. The two have their origins in the windmills of the 12th century, and even earlier, but the former has lacked financing, and research and development resources that have been poured into the latter to produce some of the lowest-cost energy […]

This has been the year from hell for coal-fired power and the coal industry. If current projections hold, coal generation in 2020 will be 21% lower than last year and 62% lower than the 2007 peak. The coal share of the generating mix, which for decades hovered around 50%, will finish the year at 20%, […]

(Findlay, OH) New Werk-Brau High Performance Loader Buckets are specifically designed for strength and durability, whether digging in virgin soil or re-handling material up to 2,000 lbs/cubic yard in density. A 3-degree inclined bottom reduces loading forces, allowing the bucket to do more and last longer, with less wear and tear. The bucket top channel […]

Siemens Gamesa Renewable Energy (SGRE) statement of testing and approval of nacelle based wind Lidar ‘ZX TM’ from ZX Lidars for the purpose of Power Performance Testing on Siemens Gamesa wind turbines released In connection with a power curve campaign, Siemens Gamesa has tested a new technology together with the well-known company ZX Lidars. Based […]

• Four turbine generator units and online monitoring systems will be provided by Voith by 2026 • The project has high significance for Pakistan and its people SHANGHAI/BEIJING. On September 30, 2020, China Gezhouba Group Corporation (CGGC) and Voith Hydro Shanghai Limited (VHS) entered into an equipment supply contract in Beijing, under which VHS will […]

AECOM has announced the closing of the sale of its Power construction business to affiliates of CriticalPoint Capital LLC. Terms of the deal were not disclosed. The Los Angeles, California-based infrastructure consulting firm, which this month announced a restructuring plan, earlier this year closed on the $2.4 billion sale of its Maryland-based Management Services business—which […]

American Hydro, part of Wärtsilä Corporation, has been awarded a major contract to perform rehabilitation services and complete the upgrade and refurbishment of the Unit 5 & 15 turbines at Ameren’s historic Keokuk Hydroelectric plant in Iowa, USA. The order with Ameren Corporation was booked in July. American Hydro designed, manufactured and delivered new 200-inch, […]

New PAG-based Fluids Strengthen Primary Metals and Power Sector Product Lines Houston, TX – Shell Lubricants is expanding their portfolio to provide end-to-end lubrication solutions and service offerings for businesses across key industrial sectors, helping keep equipment operating efficiently. With this business expansion, Shell Lubricants has prioritized its focus on supporting the primary metals and […]