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Babcock International sells its power division to M Group Services for £50 million

  • 2 years ago (2021-12-27)
  • David Flin

Babcock International has finalised the £50 million sale of its power business to M Group Services.

Hyundai Engineering and Macquarie GIG sign MOU over renewable energy projects

  • 2 years ago (2021-12-24)
  • David Flin

Hyundai Engineering has signed an MOU with Macquarie Green Investment Group (GIG) to cooperate in developing renewable energy power generation projects.

World’s largest offshore wind farm generates first power

  • 2 years ago (2021-12-23)
  • David Flin

Ørsted’s Hornsea 2, located 89 km off the east coast of the UK, has achieved first power after its offshore substation (OSS), the world’s largest offshore AC substation, and reactive compensation station (RCS) were installed in October.

Biden administration to expand solar power on US land

  • 2 years ago (2021-12-22)
  • David Flin

US Government officials have approved two large-scale solar power projects in California and have moved to make public land in other Western states available to potential solar power development.

Qatar takes 10 per cent stake in Rolls-Royce SMR

  • 2 years ago (2021-12-21)
  • David Flin

Qatar Investment Authority (QIA) has confirmed that it will take a 10 per cent stake in the Rolls-Royce small nuclear reactor arm, with an investment of £85 million.

World Bank approves loans for Turkish geothermal development

  • 2 years ago (2021-12-20)
  • David Flin

The World Bank has approved two loans worth $300 million for the Geothermal Development Project in Turkey. The loans are additional financing to two initial loans worth $250 million.

IEA says electricity from coal plants has risen 9 per cent this year

  • 2 years ago (2021-12-17)
  • David Flin

A report from the International Energy Agency (IEA) has indicated that coal-fired power generation is on track to reach an all-time high in 2022, with a surge of 9 per cent following increased demand after the Covid lockdowns.

Collaboration announced to support deployment of SMRs to Poland

  • 2 years ago (2021-12-16)
  • David Flin

GE Hitachi Nuclear Energy (GEH), BWXT Canada, and Synthos Green Energy (SGE) have announced their intention to cooperate in deploying BWRX-300 SMRs in Poland.

Nordex wins 196 MW wind power contract from Swift Current Energy

  • 2 years ago (2021-12-15)
  • David Flin

Swift Current Energy of the USA has signed an agreement with the Nordex Group to purchase 41 N149/4.X wind turbines for its Castle Gap wind project.

EPS of Serbia to convert Morava power plant from coal to gas

  • 2 years ago (2021-12-14)
  • David Flin

Serbian state-owned power utility Elektroprivreda Srbije (EPS) has announced that intends to convert its Morava power plant from coal to natural gas by the end of 2023.