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Chubu Electric to buy stake in NuScale Power

  • 2 years ago (2023-09-08)
  • David Flin

Japan’s Chubu Electric Power has said it will buy a stake in NuScale Power of the US from the Japan Bank for International Cooperation (JBIC).

Matrix Renewables wins €47 million financing to build Spanish solar plant

  • 2 years ago (2023-09-07)
  • David Flin

Matrix Renewables, the Spanish developer, has won €47 million in non-recourse project financing from Banco Sabadell to support construction of a 50 MW solar power plant in Seville, Spain.

Australia reviews decision to close largest coal-fired power station

  • 2 years ago (2023-09-06)
  • David Flin

The New South Wales Government in Australia said that it will discuss the possibility of keeping Australia’s largest coal-fired power station open beyond its planned closure in 2025.

GE Vernova to service Canadian hydropower plant

  • 2 years ago (2023-09-05)
  • David Flin

GE Vernova’s Hydropower business has announced that it has been selected by Manitoba Hydro to replace the Kaplan runner at Unit 4 of the 479 MW Grand Rapids Generating Station located on Saskatchewan River in Manitoba, Canada.

India increases coal use due to unusually dry weather

  • 2 years ago (2023-09-04)
  • David Flin

India has increased its use of coal to generate electricity in an attempt to stop outages caused by lower hydropower output and as its renewable capacity is struggling to meet record demand.

Doosan Enerbility and Korea Midland Power sign offshore wind turbine MOU

  • 2 years ago (2023-09-01)
  • David Flin

Doosan Enerbility has signed an MOU with Korea Midland Power (KOMIPO) on the joint development of next generation offshore wind turbines and pursuit of offshore wind projects.

GE Vernova secures eight-unit aeroderivative order from ESB

  • 2 years ago (2023-08-14)
  • Junior Isles

GE Vernova’s Gas Power business has announced orders for both the supply and the operation and maintenance activities of a simple cycle power plant consisting of eight GE LM2500XPRESS aeroderivative gas turbines from the Electricity Supply Board of Ireland (ESB) for their facility in Shannonbridge, County Offaly, Ireland.

Siemens Energy reports 3Q net losses due to wind turbine problems

  • 2 years ago (2023-08-08)
  • Junior Isles

Siemens Energy has reported a net loss of €2.9 billion for the third quarter and slashed its outlook for annual revenues, as it struggles to fix its troubled wind turbine business.

Maersk Group may acquire half of Egypt’s Zaafarana wind farms

  • 2 years ago (2023-08-03)
  • Junior Isles

Denmark’s Maersk Group is in talks to potentially acquire half of Zaafarana state-owned 545-MW wind farms in the Red Sea Governorate, after the government initially approved ownership in principle, according to multiple local media outlets.

Leipheim gas-fired power plant starts operation

  • 2 years ago (2023-08-02)
  • Junior Isles

In a collaboration with Siemens Energy, German utility LEAG has commissioned its first gas-fired power plant in southern Germany at the site of a former air base in Leipheim.