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GE and LongWing Unlock Financing and Technology for First Phase of Zaporizhia Onshore Wind Farm in Ukraine
GE Capital’s Energy Financial Services connects financing to GE’s fourth wind farm project in Ukraine Sponsor, LongWing Energy, and co-investor, VLC Renewables, secure project financing for the first 98 MWs of its Zaporizhia wind farm project in Ukraine GE Renewable Energy secures onshore wind turbine order for the 98 MW phase one, which is expected […]
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TEPCO Says It Will Decommission Second Fukushima Nuclear Plant
Tokyo Electric Power Co. (TEPCO) on July 24 said it will decommission its Fukushima Daini nuclear station. The plant is located just south of the larger Fukushima Daiichi plant, site of a meltdown in March 2011 after an earthquake and tsunami heavily damaged the Daiichi facility. The four reactors at Daini automatically shut down after […]
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Investments in Storage Grow as Project Costs Come Down
Venture capital investments in battery storage companies and projects rose significantly year-over-year through the first six months of 2019, according to a report from Mercom Capital Group. That level of activity is consistent with the growth in energy storage noted by speakers on July 24 at the Storage Week Plus conference in San Francisco, California. […]
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Press Releases
EnergySolutions in Negotiations to Acquire and Complete the Decommissioning of the Historic Three Mile Island Unit-2 Nuclear Power Plant
CHARLOTTE, N.C., July 23, 2019 (GLOBE NEWSWIRE) — EnergySolutions, Inc. announced today it has signed a term sheet with GPU Nuclear, a subsidiary of FirstEnergy, to negotiate the asset transfer of Unit-2 of the Three Mile Island Nuclear Generating Station (TMI-2) located near Middletown, Pennsylvania. Unit-2 has been in a safe and stable storage condition […]
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Press Releases
Sumitomo SHI FW Wins Contract for CFB Boiler in Taiwan
Awarded CFB Steam Generator for CLC Chupei Mill in Taiwan Utilizes SFW’s advanced circulating fluidized-bed (CFB) technology ESPOO, Finland–(BUSINESS WIRE)–Sumitomo SHI FW (SFW) announces today that it has been awarded a contract by Cheng Loong Corporation, CLC for a CFB steam generator for their Chupei Mill in Taiwan. Commercial operation of the new boiler is […]
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GE Is Speeding Massive Offshore Wind Turbine to Market
GE Renewable Energy’s mammoth offshore wind 12-MW Haliade-X turbine is on track for an accelerated commercial launch in 2021, the company said as it unveiled the turbine’s first manufactured components on July 22. Haliade-X features a 220-meter (m) rotor and a 107-m blade designed by GE subsidiary LM Wind Power. The turbine design also includes […]
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Watch Stack Come Down at Florida Power Plant
JEA, the electric utility in Jacksonville, Florida, has been decommissioning the St. Johns River Power Park over the past year. A third implosion as part of the decommissioning occurred July 19, as a 640-foot-tall stack and two steam generating boilers were demolished. Friday’s work followed similar implosions in June 2018, when the plant’s two, 464-foot-tall […]
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New York Enacts 100% Clean Energy Law, Secures 1.7 GW of Offshore Wind
New York on July 18 enacted the Climate Leadership and Community Protection Act (CLCPA), law that requires the state to produce 100% of its power from renewables and nuclear by 2040. The legislation includes agreements to build two offshore wind projects worth a combined 1.7 GW by 2025, the single largest renewable energy procurement in […]
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AEP Will Close 1,300-MW Indiana Coal Unit
A federal judge in Ohio on July 18 approved American Electric Power’s (AEP’s) plan to close Unit 1 of its two-unit, 2,600-MW coal-fired Rockport Plant in Indiana. The modified consent decree approved by the U.S. District Court for the Southern District of Ohio on Thursday is the latest chapter in a long-running dispute among AEP, […]
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NRC Staff Recommends Scaling Back Reactor Inspections
In a bid to enhance the reactor oversight process (ROP), staff at the Nuclear Regulatory Commission (NRC) has recommended the commission change qualitative descriptions for some color labels that signify risk, scale back on the time and scope of some annual inspections at the nation’s nuclear power fleet, as well as increase intervals between inspections. […]