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New power plant with Wartsila generating equipment will boost Indonesia's clean energy capacity
The technology group Wartsila has been contracted to provide the generating equipment for a new 48 MW power plant to be built in Indonesia. The plant will be operated by PT PLN, the Indonesian Government owned utility, which already has a number of power stations running with Wartsila engines producing more than a gigawatt of electricity. The contract has been signed with Norway-based Jacobsen Elektro, an international provider of turnkey power plants for clients on three continents. The order w...
Power Generation
Sep 21, 2017
US DoE Partners with Eaton to Advance Hydropower Generation
Power management company Eaton announced it is helping advance energy resiliency for the national power grid through a U.S. Department of Energy funded initiative to deploy new hydropower generation at existing non-powered dams and waterways. Under the second stage of the contract awarded in 2017, Eaton will manufacture and test new, low-cost integrated hydropower turbine and generator sets to help enhance the cost-effectiveness of new hydropower generation facilities.
The Department of Energ...
Hydro
Sep 21, 2017
Global Biodiesel Market by Manufacturers, Regions, Type and Application, Forecast to 2022
GE Will Help Build One of Egypts 1st Utility-Scale Solar Power Plants with 1,500-Volt Technology
Egypt is rising to become the next solar hotspot. Part of the government's ambitious sustainable energy strategy is the landmark solar feed-in tariff (FiT) program, which sees the utility-scale solar power plants taking off in the country for the first time. Made up of solar photovoltaic power plants with a combined capacity of 500 megawatts (MW), the project will help drive sustainable energy growth, support the local economy and protect the environment by reducing greenhouse gas emissions.
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Solar
Sep 19, 2017
Construction Complete at 2.8 Megawatt (DC) Solar Farm in Town of Ontario, New York
groSolar - an EDF Renewable Energy Company, and the Town of Ontario, New York, are pleased to announce the completion of the Town of Ontario Solar Project (Project) located on land shared with the town's wastewater treatment facility. "Ontario further solidifies our commitment to sustainable growth, smart government, and diversity of energy resources," said John Smith, Town of Ontario, Town Supervisor.
"The Project is an excellent example of how municipalities, state agencies, and private com...
Solar
Sep 19, 2017
Itron, Inc. and Silver Spring Networks, Inc. today announced that they have signed a definitive agreement for Itron to acquire all outstanding shares of Silver Spring for $16.25 per share in cash. The transaction is valued at approximately $830 million, net of $118 million of Silver Spring's cash. This represents a premium of 25 percent to Silver Spring's closing share price on Sept. 15, 2017, the last trading day prior to the announcement of the transaction. The transaction has been unanimously...
Smart Grids
Sep 18, 2017
Tortoise Capital Advisors Announces Acquisition of Solar Assets
Tortoise Capital Advisors has announced that its closed-end fund, Tortoise Energy Infrastructure Fund (TYG), has acquired an approximately 33 megawatt commercial and industrial (C&I) solar portfolio from Kenyon Energy and its affiliate Sun Financial. Kenyon Energy is a leading developer, owner and operator of distributed solar projects. These solar projects will provide electricity to various university and municipality customers in the State of New York.
"We view renewable energy as an incre...
General News
Sep 14, 2017
Airbus inaugurates its A330 Completion & Delivery Centre in China
Airbus has inaugurated its A330 Completion and Delivery Centre in Tianjin, China, taking additional steps in the expansion of its global footprint and strategic partnership with China. At the same time, the first A330 to be delivered from the C&DC was handed over to Tianjin Airlines.
Located at the same site as the Airbus Tianjin A320 Family Final Assembly Line and the Airbus Tianjin Delivery Centre, the A330 C&DC covers the aircraft completion activities including cabin installat...
General News
Sep 21, 2017
Fog Computing Market Analysis By Solution, By Hardware (Gateways, Routers & Switches, Sensors), By A...
Transocean Ltd. Receives Early Termination Notice on the Discoverer Clear Leader
Transocean Ltd. announced today that a subsidiary of Chevron elected to exercise its contractual option to terminate the drilling contract for the ultra-deepwater drillship Discoverer Clear Leader, effective November 2017, prior to its expiration in October 2018. In accordance with the contract terms, Transocean will be compensated through a lumpsum payment of approximately $148 million in contract termination fees, which is the present value of the operating dayrate less the operating costs ...
Oil and Gas
Sep 21, 2017
