GE’s Distributed Power business has signed a multiyear supply agreement with Aggreko to connect up to 10,000 assets to GE’s Distributed Power myPlant Asset Performance Management (APM) solution over the next five years.
Rolls-Royce has announced that it will supply 265 MTU Onsite Energy 16V 4000 gen-sets for five power plants to be built in Chile designed to support a growing renewable power infrastructure.
GE has agreed to sell its Distributed Power business to Advent International, a private-equity group based in Germany, for $3.25 billion.
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.
GE and FieldCore, the company’s independent field services execution arm, have successfully restarted Metahara Sugar Factory in Ethiopia, seven months after the plant was severely damaged by a major thunderstorm.
Pacific Energy of Australia has secured an agreement to buy Contract Power Group, which has a value of $90 million.
Inadequate rainfall in the main catchment areas of Sri Lanka has reduced the country’s hydropower generating capacity, and as a result, the Ceylon Electricity Board (CEB) has entered into emergency power supply agreements to purchase 100 MW of temporary thermal capacity, to ensure uninterrupted power supply over the next six months.
The Kenyan utility Kenya Electricity Generating Company (KenGen) has said that it plans to add 1745 MW for geothermal sources by 2025, as part of an attempt to reduce or end power generation from fossil fuels in the country.
The European Bank for Reconstruction and Development (EBRD) is financing the construction of four biogas CHP plants across Belarus.
Shahid Khaqan Abbasi, Prime Minister of Pakistan, has said that the country will completely phase out furnace oil-based power generation to mitigate oil’s negative impact on the environment.