Articles - Past and present news from The Energy Industry Times

Iberdrola closes the sale of 55 per cent of its business in Mexico

  • a month ago (2024-02-28)
  • David Flin

Iberdrola has closed the sale of 55 per cent of its business in Mexico for around $6.2 billion. The transaction includes the sale of 13 generation plants with a combined installed capacity of 8539 MW.

Fortum extends coal power plant operation

  • a month ago (2024-02-27)
  • David Flin

Finnish utility Fortum has extended the operation of the 565 MW coal-fired Meri-Pori power plant for one month to help secure supplies.

GE to provide turbines for world’s largest hydrogen only power plant

  • a month ago (2024-02-26)
  • David Flin

GE Vernova has been selected by the South Australian Government to supply the turbines for what will be the world’s largest green hydrogen power plant to be built near Whyalla, South Australia, Australia.

Wärtsilä to supply equipment to New Mexico plant

  • 2 months ago (2024-02-23)
  • David Flin

Wärtsilä has announced it has signed a contract with the city of Farmington in New Mexico, USA, to supply the generating equipment for an 18 MW expansion to an existing power plant.

Veolia acquires power plant in Hungary from Uniper

  • 2 months ago (2024-02-22)
  • David Flin

Veolia, via its Hungarian subsidiary, has signed an agreement with Uniper for the acquisition of a 430 MW CCGT power plant.

€200 million loan to Ukrhydroenergo for hydropower rehabilitation from EBRD and Italy

  • 2 months ago (2024-02-21)
  • David Flin

The European Bank for Reconstruction and Development (EBRD) along with the Italian Government have signed a €200 million loan package for hydropower company Ukrhydroenergo to restore and maintain its facilities that have come under repeated attack by Russia in its illegal invasion of Ukraine.

GE Vernova opens first dual-fuel natural gas/hydrogen power plant in Australia

  • 2 months ago (2024-02-20)
  • David Flin

GE Vernova’s Gas Power business and EnergyAustralia have announced that the 320 MW Tallawarra B power station in New South Wales, Australia has opened.

EU announces €37 million investment in Nigerian power sector

  • 2 months ago (2024-02-19)
  • David Flin

The EU has announced that it intends to invest €37 million into the Nigerian power sector, aiming to address the longstanding issue of inadequate electricity supply in the country.

Hitachi Energy and TransnetBW make German grid fit for future

  • 2 months ago (2024-02-16)
  • Junior Isles

Hitachi Energy will supply two Enhanced STATCOM stations with the next-generation grid stabilization technology, SVC Light® Enhanced, to enable TransnetBW to improve power quality in the transmission grid, which supplies power to 11 million people and numerous industries.

Conditions placed on Mexican Government’s acquisition of Iberdrola power plants

  • 2 months ago (2024-02-16)
  • David Flin

Mexico’s anti-trust agency the Federal Economic Competition Commission (Cofece) has established conditions for the $6 billion acquisition of 13 power plants by the Mexican Government from Iberdrola.