Business
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News
After 18 Months of Dramatic Turns, Hydro One-Avista Merger Deal Officially Dead
Hydro One, Ontario’s largest transmission and distribution provider, and Spokane, Washington–based U.S. utility Avista Corp., have dropped their merger, citing separate denials of the $5.3 billion deal by regulators in Washington and Idaho. The companies said on Jan. 23 they “mutually agreed” to terminate a merger agreement they announced in July 2017. As required by […]
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Press Releases
Alliance Sensors Group and Digi-Key Electronics Have Partnered to Distribute ASG’s LVIT Linear Position Sensors
Moorestown, New Jersey … H. G. Schaevitz LLC dba Alliance Sensors Group is pleased to announce a partnership with Digi-Key Electronics Thief River Falls, MN to distribute its line of LVIT linear position sensors. Digi-Key Electronics has been committed to offering the broadest selection of in-stock electronic components and is pleased to include ASG’s line of […]
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Press Releases
Entergy Texas and MHPS Bring a “Change in Power” to Texas as They Move Forward on a New 993 MW Power Plant
LAKE MARY, FL – (Jan. 22, 2019) For the third time in the last twenty-two months, an Entergy Corporation subsidiary has selected two Mitsubishi Hitachi Power Systems (MHPS) gas turbine generation units. Entergy Texas, Inc. has selected MHPS’ technology to power its 993 megawatt Montgomery County Power Station (MCPS) near Willis, Texas. When it becomes […]
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POWER Podcasts
Insider Bullish on Renewable Energy Industry [PODCAST]
Izzet Bensusan, managing partner and founder of Captona, a North American-focused investment company that specializes in power generation and energy infrastructure, was a guest on The POWER Podcast. He is very bullish on the renewable energy industry for a variety of reasons. For instance, Bensusan said renewable energy is growing at more than 20% around […]
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News
GE Cutting Another 468 Jobs
French labor unions on Jan. 22 said U.S.-based General Electric (GE) will cut 468 jobs at its units in France, including some staff at Alstom Power Systems (APS). GE confirmed to Agence France Press (AFP), a French news service, that talks with its unions on staff reductions are underway. The unions said 229 jobs would […]
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News
China Leads Investment in Coal Projects—and Also Renewables
China continues to finance new coal plants in more than two dozen countries, even as the country has taken the lead in global renewable energy investment, according to a report from a U.S. group of energy analysts. The Institute for Energy Economics and Financial Analysis (IEEFA) in its report said China is backing more than […]
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Press Releases
GE Hitachi Nuclear Energy Completes Decommissioning Project at Reactor in Sweden
WILMINGTON, North Carolina—January 22, 2019—GE Hitachi Nuclear Energy (GEH) announced today that it has completed the segmentation of reactor internals at Oskarshamn Nuclear Power Plant (OKG) Unit 2 in Oskarshamn Municipality in Sweden. Employing cutting edge technology, GEH dismantled, segmented and packed reactor internals of OKG Unit 2, a boiling water reactor that began operating […]
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Press Releases
Soler & Palau selects CORTIME for Design Exploration in SolidWorks
Design Exploration, it’s not just for experts anymore! Copenhagen, Denmark. CORTIME, a pioneer in making powerful design exploration available to a broader audience, is proud to announce that Soler & Palau has selected CORTIME for Design Optimization in SolidWorks. Soler & Palau was created in 1951 by the engineers Eduard Soler and Josep Palau and […]
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Press Releases
Wärtsilä provides efficient and flexible 90-MW power plant to supply electricity and district heating for Dresden, Germany
The technology group Wärtsilä has been awarded a contract to deliver a combined heat and power engine power plant (CHP) to Dresden, Germany. The facility has been ordered by DREWAG, Dresden’s local utility company, and will be delivered by Wärtsilä on an engineering, procurement and construction (EPC) basis. Wärtsilä will also maintain the plant under […]
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News
GE, Siemens Separately Announce Developments for Mammoth Offshore Wind Turbines
GE on Jan. 16 announced testing details of its giant 12-MW Haliade-X offshore wind turbine prototype. On the same day, Siemens Gamesa launched its first 10-MW offshore wind turbine model. The developments point to intensifying competition within the surging offshore wind turbine market. GE’s 12-MW Offshore Wind Turbine Blusters Toward Commercialization GE Renewable Energy’s Haliade-X 12 […]