HD Hyundai Heavy Industries has signed a supply agreement with US energy infrastructure developer Aperion Energy Group to provide 20 MW power power systems based on its HiMSEN engines. The contract is for a total capacity of 684 MW and is valued at €362 million.
Japan’s Ministry of the Economy, Trade, and Industry (METI) has announced that projects to develop next-generation geothermal power technology will receive a total of €650 million in subsidies by fiscal 2030.
The United Downs deep geothermal power project in Cornwall, the first geothermal power plant in the UK, has started generating electricity.
Rolls-Royce has launched a new range of modular gas engine power plants. Rolls-Royce said that the preconfigured turnkey systems can be deployed within 12-18 months and deliver any capacity from 5 MW to several hundred MW, according to the needs of the customer.
Wärtsilä has announced that it has won a contract from the Australian IPP Zenith Energy Operations to supply the engines, controls, and auxiliary equipment for a new 120 MW power plant in Kalgoorlie, Western Australia.
Demand for electricity in Kenya has hit a new record high, driven by a surge in domestic and commercial consumption that places pressure on the country’s stretched power generation capacity.
The European Bank for Reconstruction and Development (EBRD) is providing €22.3 million in financing to Power One, a private Ukrainian energy company, to help strengthen Ukraine’s energy security.
Amogy and Samsung Heavy Industries (SHI) have signed a multi-year strategic contract manufacturing partnership for Amogy’s ammonia-to-power systems.
Wärtsilä has signed a shared O&M agreement to support the reliable power supply on the Indonesian island of Lombok.
PJSC Ukrnafta, Ukraine’s largest oil extraction company, has secured €150 million in grants and a loan for €250 million from the European Bank for Reconstruction and Development (EBRD) to develop 400 MW of new generation projects.