YTL Power International has said that its wholly-owned subsidiary YTL PowerSeraya will acquire Tuaspring’s power plant and associated assets in Singapore for $230 million.
Wärtsilä has signed an EPC contract with electric utility Guyana Power and Light (GPL).
Siemens has published a new incident response (IR) “playbook” that guides utilities on how to respond to a cyber attack.
South Africa’s power utility Eskom has disconnected Koeberg Unit One from the national grid due to a fault on the turbine side, exacerbating South Africa’s power crisis.
GE Renewable Energy has announced that it has been selected by Sanko Enerji to provide 12 Cypress units and 2 units of 3MW for the 70MW Guney wind farm in Turkey.
Global CO2 emissions from the power sector fell by 2 per cent last year, the biggest fall since at least 1990, a result of reduced coal usage in Europe and the USA.
Uzbekistan has signed more than $2 billion worth of strategic agreements with Saudi developer ACWA Power to boost electricity generation and develop technical expertise, according to an announcement by the Uzbekistan Energy Ministry.
Mexico’s private sector has drawn up a broad package worth $92 billion of proposed energy investments for the government, to provide a boost to the country’s economy.
Montenegro’s power utility EPCG has announced that it will enter talks with the German state-owned development bank KfW to help fund expansion of the Pericica hydropower plant.
I Squared Capital, a private equity firm focusing on global infrastructure investments, has agreed to sell its interests in Chenya Energy under a share purchase agreement with Marubeni Corporation of Japan.