GE has been given clearance from European and US anti-trust regulators to buy most of Alstom’s energy business.
ABB has announced plans to slim down to four divisions as part of a wider programme of saving $1 billion across its 140,000 workforce. The main plank in this programme is the merger of its Power Products and Power Systems divisions into a new Power Grids division.
The government of Finland has proposed a November 2017 deadline for granting wind subsidies for power plants, because new applications had started exceeding a previously set capacity limit.
The Alabama Public Service Commission (PSC) has approved a proposal from Alabama Power for the incremental installation of 500 MW of new renewable energy over the next six years.
Avantha Group Company CG has been selected to provide 365 kV and 154 kV Capacitive Voltage Transformers (CVT) by Korea Electric Power Corporation (KEPCO).