Business

BOEBLINGEN/HEIDENHEIM. The global technology company Voith Group and Moog Inc., both developers, manufacturers and suppliers of electric, hydraulic and hybrid drive solutions, have signed the contracts to form the joint venture HMS – Hybrid Motion Solutions GmbH based in Rutesheim on 29 April 2020. The joint venture provides for a strategic partnership to expand the […]

Declaring a national emergency over threats to the U.S. bulk power system (BPS), President Trump in an executive order (EO) on May 1 issued a sweeping ban on transactions by U.S. persons for electric equipment sourced abroad if the U.S. government determines they pose undue security risks. Because foreign adversaries are “increasingly creating and exploiting […]

May 5, 2020 — The technology group Wärtsilä is developing the combustion process in its gas engines to enable them to burn 100% hydrogen fuel.Wärtsilä has researched hydrogen as a fuel for 20 years, and has tested its engines with blends of up to 60% hydrogen and 40% natural gas. This development is part of […]

May 4, 2020 – Framatome and the Technical University of Munich (TUM) recently began the commercial development of uranium-molybdenum fuel (UMo) for nuclear research reactors. Framatome and TUM will design and install the fuel manufacturing production line, and develop, produce and irradiate new fuel prototypes. The project will take place at the CERCA Research and Innovation […]

May 4, 2020 – SAP SE (NYSE: SAP) announced that Peoples Natural Gas has completed its conversion to SAP S/4HANA®, laying the technical groundwork for ongoing innovation and business transformation. Acquired by Essentials Utilities in March, Peoples provides natural gas to about 740,000 homes and businesses in Western Pennsylvania, West Virginia and Kentucky. The company has been […]

More than 300% increase in projected solar and wind generation development as compared to last year’s integrated resource plan update filing; Energy storage grows by more than 700% Reflects targets mandated in Virginia Clean Economy Act Diverse fuel mix provides reliability, affordability and regional emissions reductions Expansion of renewable and energy storage resources will put […]

SUMMIT, N.J., April 29, 2020 — Nautilus Solar Energy, LLC (“Nautilus”), a leading owner-operator of distributed generation and community solar projects located throughout North America closed a $90 million debt financing agreement led by National Bank of Canada “NBC” and including Royal Bank of Canada (“RBC”) as lender. The financing consists of a $75 million […]

Europe has a big head start globally when it comes to generating power from offshore wind installations. The U.S. has lagged due to a variety of factors, including the need to work through regulatory issues

Earlier this year, nuclear technology giant Framatome and power sector lifecycle management service company Kinectrics launched an Ontario-based joint venture, Isogen, whose mission is to enable the use of

Remote communities have become testing grounds for innovative power projects. These areas traditionally have been powered by fossil fuel generation, usually diesel fuel or oil and sometimes natural gas, and