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Total Results : 60

GE selling Distributed Power business for $3.25 billion

2018-06-26 05:53:18.795112
David Flin

GE has agreed to sell its Distributed Power business to Advent International, a private-equity group based in Germany, for $3.25 billion.

GE signs large supply agreement for gas engines in Russia

2018-04-12 07:07:39.275554
David Flin

GE has announced that it has signed a supply agreement with GreenTech Energy Company (GTE), one of GE’s authorised Channel Partners for Jenbacher gas engines in Russia, for 21 Jenbacher gas engines with a total capacity of 26 MW, to be delivered by the end of 2018.

GE and FieldCore restart power production at Ethiopian sugar factory in 20 days

2018-03-28 05:12:12
David Flin

GE and FieldCore, the company’s independent field services execution arm, have successfully restarted Metahara Sugar Factory in Ethiopia, seven months after the plant was severely damaged by a major thunderstorm.

Pacific Energy to acquire Contract Power for $90 million

2018-03-26 06:30:25.584035
David Flin

Pacific Energy of Australia has secured an agreement to buy Contract Power Group, which has a value of $90 million.

Sri Lankan Government to buy 100 MW thermal power

2018-03-12 06:27:41.201296
David Flin

Inadequate rainfall in the main catchment areas of Sri Lanka has reduced the country’s hydropower generating capacity, and as a result, the Ceylon Electricity Board (CEB) has entered into emergency power supply agreements to purchase 100 MW of temporary thermal capacity, to ensure uninterrupted power supply over the next six months.

KenGen to add 1745 MW geothermal energy to grid by 2025

2018-02-20 06:01:37
David Flin

The Kenyan utility Kenya Electricity Generating Company (KenGen) has said that it plans to add 1745 MW for geothermal sources by 2025, as part of an attempt to reduce or end power generation from fossil fuels in the country.

EBRD supports development of biogas CHP projects in Belarus

2018-01-25 04:20:15.448903
David Flin

The European Bank for Reconstruction and Development (EBRD) is financing the construction of four biogas CHP plants across Belarus.

Pakistan PM says country will eliminate oil-based power plants

2017-12-19 04:45:26
David Flin

Shahid Khaqan Abbasi, Prime Minister of Pakistan, has said that the country will completely phase out furnace oil-based power generation to mitigate oil’s negative impact on the environment.