International

Accelerates Flowserve’s 3D Strategy and provides meaningful aftermarket revenues Velan brings a highly complementary valve portfolio to Flowserve’s FCD segment Transaction expected to be accretive to Flowserve’s Adjusted EPS in first full year after close Transaction provides compelling value to Velan shareholders following an extensive and robust review of strategic options Velan shareholders to receive […]

As part of modernization of the Kazakhstan power infrastructure, Aksa Energy will build a new combined heat and power (CHP) plant to provide flexible, reliable, efficient, and sustainable heat and power for the Kyzylorda region The new 240-megawatt (MW) CHP plant, expected to be commissioned in 2025, will be powered by two GE’s 6F.03 gas […]

Fermi Energia, a privately held company formed to develop a small modular reactor (SMR) in Estonia, announced that it has selected GE Hitachi Nuclear Energy’s (GEH’s) BWRX-300 design for deployment. Kalev Kallemets, CEO of Fermi Energia, said in September last year that the company’s nuclear technology selection process had begun in 2019, with a mapping […]

Rising concerns over climate change have caused a major shift in the energy ecosystem, away from fossil fuels and toward renewable, clean, and sustainable energy. Currently, the earth is about 1.1C warmer than in the late 1800s. As outlined in the Paris Agreement, the goal is to reduce greenhouse gas (GHG) emissions, limit global warming […]

– For Talimarjan-2 TPP Project in Uzbekistan – In addition to providing the gas turbines and steam turbines, Mitsubishi Power will also provide technical advisers to the site to support installation and commissioning; the commercial operation is scheduled in 2025 – The order follows an earlier supply contract for Talimarjan-1 in 2013 TOKYO, Feb 9, […]

The third unit of the Karachi Nuclear Power Plant (KANUPP) in Pakistan was inaugurated by Pakistani Prime Minister Shehbaz Sharif on Feb. 2, adding another 1.1 GW of power generation capacity to the country’s national grid. Pakistan, like other countries, is battling an ongoing energy crisis with a lack of generation capacity to meet current […]

Japanese power generator JERA has launched commercial operation of the first of three liquefied natural gas (LNG)–fueled 650-MW combined cycle gas turbine (CCGT) units that will modernize the Anegasaki Thermal Power Station, a mammoth 3.2-GW, six-unit gas and oil power plant in Chiba Prefecture.  The new Anegasaki Thermal Power Station Unit 1, opened on Feb. […]

Ontario Power Generation (OPG), GE Hitachi Nuclear Energy (GEH), SNC-Lavalin, and Aecon have signed a trailblazing six-year alliance agreement designed to bolster the deployment of a BWRX-300 small modular reactor (SMR) at the Darlington New Nuclear Project (DNNP) in Clarington, Ontario. The contract unveiled on Jan. 27—a year after OPG selected GEH’s BWRX-300 for the […]

The Lower Colorado River Authority (LCRA) said it will build a new 190-MW peaker power plant in central Texas to provide additional dispatchable power to the state’s electric grid. A peaker plant is one that is typically used only for brief periods during times when the demand for power approaches or surpasses the amount of […]

Siemens Gamesa chief executive Jochen Eickholt acknowledged equipment failures in both the company’s onshore and offshore wind turbines, leading to higher warranty provisions, contributed to a nearly $1 billion net loss for the company in the last three months of 2022. Eickholt on Feb. 2 said the company’s October to December—the group’s fiscal first quarter—loss […]