According to a report from the news agency Bloomberg, Siemens is considering a number of strategic options including a potential sale of its large gas turbine business.
UK Power Reserve and Fluence have partnered to deliver the first phase of UK Power Reserve’s 120 MW battery storage portfolio.
Siemens and the Scottish energy company SSE have announced that they will collaborate to build Keadby 2 in Lincolnshire, UK, which will be a highly-efficient gas-fired power plant, achieving 63 per cent efficiency.
The UK Government has announced that it has reached an agreement with Hitachi to invest £5 billion into the Wylfa Newydd nuclear power plant in Wales.
Siemens Gamesa Renewable Energy (SGRE) will supply 70 units of its SWT-DD-130 wind turbines to three offshore wind farms in Norway.
The world’s first floating nuclear power plant is taking on fuel and preparing for its inaugural mission in the Russian Arctic.
Drax, Britain’s biggest power station, is piloting the first bioenergy carbon capture storage (Beccs) project of its type in Europe.
Siemens has said that the weakness in the world power generation market has resulted in it taking the decision to temporarily close its Power and Gas Division operations around the world.
Data from the German Federal Network Agency (BNetzA) indicates that on 1 May, Germany’s renewable power production exceeded the country’s electricity demand.
GE has announced that it has signed a supply agreement with GreenTech Energy Company (GTE), one of GE’s authorised Channel Partners for Jenbacher gas engines in Russia, for 21 Jenbacher gas engines with a total capacity of 26 MW, to be delivered by the end of 2018.