Press Releases

PARIS (March 27, 2018) — Total Energy Ventures (TEV), Hubei High Technology Investment Guiding Fund Management Co., Ltd. (Hubei High Tech), and Cathay Capital have signed a Heads of Agreement to launch the Cathay Smart Energy Fund, an investment fund dedicated to energy sector in China. The fund will focus its investments on emerging technologies […]

Siemens recently signed an agreement with Shanghai Shenergy Energy Technology Co., Ltd. (Shenergy Technology) to implement a high-temperature subcritical upgrade for a 320-MW steam turbine unit at Xuzhou Power Plant, a subsidiary of China Resources Power Holdings Co., Ltd (CR Power) in Jiangsu province. It is estimated that the upgrade will enhance the unit’s power […]

Armech Africa Limited, a subsidiary of the Armech Group, is to construct a $300 million waste-to-energy (W2E) power plant in Tema to generate 60 MW of clean energy. Armech Africa Limited, a designer and manufacturer of modern industrial processes, has therefore signed a Public Private Partnership Agreement with the Electricity Company of Ghana to that […]

Engineers test autonomous UAS to fly inside damaged nuclear power station SAN ANTONIO–(BUSINESS WIRE)–A team led by Southwest Research Institute (SwRI) is developing unmanned aerial system (UAS) technology to fly into the containment vessels of the damaged units at Japan’s Fukushima Daiichi nuclear power station and assess conditions. Tokyo Electric Power Company Holdings, Incorporated (TEPCO […]

CHARLOTTE, N.C.–(BUSINESS WIRE)–Babcock & Wilcox Enterprises, Inc. (NYSE:BW) announced today that its subsidiary, The Babcock & Wilcox Company (B&W), has been awarded a contract for more than $50 million to design and supply boiler equipment for an existing North American power plant. The majority of the value of this contract will be booked in first […]

Siemens was recently selected to supply another SGT-700 mechanical drive compression train for the Camisea gas-condensate asset located in Peru. The equipment, identical to that Siemens supplied in 2011, is essential to the continuing exploration and production of hydrocarbons in Block 88, operated by Pluspetrol Peru Corporation S.A. Due to the natural gas pressure decline […]

HELSINKI, Finland (March 22, 2018) — The already robust energy service for the Bavaro and Punta Cana region – one of the Caribbean’s top tourist destinations – is being further strengthened with the addition of a 50 MW Smart Power Generation plant this year. The Consorcio Energético Punta Cana – Macao (CEPM) placed the order […]

SAN FRANCISCO, California (March 22, 2018) – Pattern Energy Group Inc.  today announced the completion of its 33-MW Ohorayama Wind power facility, which is located in Japan’s Kochi Prefecture. “Ohorayama Wind is our first wind project in Japan to complete construction and it was on schedule and under budget. Ohorayama will be followed by the Tsugaru […]

COSTA MESA, Calif.: 21 March 2018 — Utilities are among the lowest-performing industry groups when it comes to delivering distinct digital customer experiences, but some pioneers have found the secret to digital success, according to the J.D. Power 2018 Utility Digital Experience Study,SM. [For a chart showing utility rankings, click here: http://www.jdpower.com/press-releases/jd-power-2018-utility-digital-experience-study] The inaugural study evaluates […]

HELSINKI, Finland (March 21, 2018) — Wärtsilä’s Smart Power Generation solution has been selected to power the New Orleans Power Station, a 128-MW plant to be constructed at the retired Michoud power plant site in New Orleans, Louisiana. The retired plant, which was the only power generating facility within the city’s borders, was shut down […]