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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
New power plant with Wartsila generating equipment will boost Indonesia's clean energy capacity
The technology group Wärtsilä 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 Wärtsilä 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 ...
General News
Sep 21, 2017
Global Phosphoric Acid Fuel Cell (PAFC) Sales Market Report 2017
Quercus to build 600 MW in Iran
The project will be the London-based company’s first investment outside of Europe. It claims that its plan is one of the biggest investments to be announced by a U.K. company in Iran since international sanctions were dropped against the country last year. It has already signed an agreement with the Iranian Ministry of Energy.
“Iran is seeing unprecedented levels of investment since the lifting of international sanctions,” Diego Biasi, CEO of Quercus.
The company sai...
Solar
Sep 21, 2017
ELA Container Offshore GmbH will again be participating at the Offshore Energy 2017 in Amsterdam. The exhibition will take place on 10th and 11th of October 2017 in Amsterdam, Netherlands. In Hall 1 at booth #111, ELA Offshore will be exhibiting a two story Offshore Accommodation Complex to demonstrate one of the many configuration possibilities of their high quality containers. One highlight of the exhibition – next to the new Offshore Workshop Container- will be their new type of Acco...
General News
Sep 21, 2017
Ascent Solar Reaches Extension Agreement with Investor to Restructure Existing Promissory Notes
Ascent Solar Technologies, Inc., a developer and manufacturer of state-of-the-art, flexible thin-film photovoltaic (PV) solutions, announced that the Company has entered into a Promissory Note Exchange Agreement with investor to restructure and extend the maturity of the existing Promissory Notes.
Pursuant to the Agreement, the Investor exchanged and canceled 11 outstanding promissory notes (with an aggregate principal and accrued interest of $3,504,197.45) for one new promissory note (th...
General News
Sep 21, 2017
TESVOLT fits Alpine cabin in Tyrol with off-grid battery storage system
Improving self-sufficiency in mountainous terrain
The refuge, which provides overnight accommodation for hikers at more than 1,900 metres above sea level, is supplied with energy from both the photovoltaic system with its storage system and from a combined heat and power unit that runs on rapeseed oil. Compared to diesel – which, in line with the DAV’s principles, is banned on the mountain – rapeseed oil is a more environmentally friendly fuel, but costs 20-30% more. The c...
Storage
Sep 20, 2017
PBES and Norwegian Solar AS today announced a partnership agreement to provide PBES energy storage to support solar power generation in global markets. PBES will supply containerized storage solutions for Norwegian Solar’s systems being deployed in the USA and Saudi Arabia. This partnership underscores the rapid development of solar energy around the world, and the need for energy storage providers to create innovative flexible solutions to ensure maximum feasibility for renewables proj...
Solar
Sep 20, 2017
SMA Introduces Newest Sunny Central Inverter Ahead of Schedule
Today SMA announced that it is now taking orders for its class-leading Sunny Central 2750-EV-US inverter. With 10 percent more power than previous models, the Sunny Central 2750-EV-US is SMA’s solution for maximum power density and integration.
Following closely behind the Sunny Central 2500-EV-US, which was the first utility-scale inverter to be listed to the UL 62109 standard, the Sunny Central 2750-EV-US has also achieved UL 62109 listing — assuring customers that it meets ...
Energy Efficiency
Sep 20, 2017
