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Technip Agrees to Sell its Majority Share in Seamec
Technip announced today that it has entered into binding agreement for the divestment of a majority stake of at least 51% up to 75% in Seamec Limited to HAL Offshore Limited, India at a consideration of Rs 97 per share (translating to €20 million for 51% stake and up to 29 million for 75% stake).
This divestment allows for the development of the Seamec business and HAL’s and is part of Technip’s strategy to concentrate on its core competencies involving deepest subs...
General News
- Apr 22, 2014
Canadian Solar to Supply 43MW of Solar Modules in Japan
"We are proud to announce this large module supply agreement to provide our high efficiency modules to the second largest solar power plant in Japan, which is another significant milestone for Canadian Solar in this important market," commented Dr. Shawn Qu, Chairman, President and CEO of Canadian Solar, "This win further demonstrates our strong position as a global tier 1 solar module supplier with proven track record of delivery high efficiency and quality modules to large so...
Solar
- Apr 22, 2014
ENTSO-E President Nick Winser to Address Grid Reliability and Resiliency
Nick Winser, president of ENTSO-E and Executive Director at National Grid, will join fellow industry thought leaders to share and discuss views on grid reliability and resiliency at DNV GL 's (formerly DNV KEMA) Utility of the Future Leadership Forum , June 2-4, 2014, at The Grand Hyatt Hotel in Washington D.C. The panel will address the visualization of a 21 st century grid, including the impact of renewable integration and distributed energy resources (encompassing solar, wind, energy s...
Smart Grids
- Apr 22, 2014
Jimmy Carter Urges US, China Leadership on Climate
Former US president Jimmy Carter on Tuesday urged his country and China, two of the world's biggest fossil fuel polluters, to take the lead on halting climate change.
If the two economic and political giants could agree on a way forward, the rest of the world would likely follow their lead, the statesman told AFP on the sidelines of a climate change discussion with students at the Paris Institute of Political Science.
"If we could put those two together as leaders of the West...
General News
- Apr 22, 2014
Shale To Provide 50%+ of Revenue for More Than Half of Oilfield Services
More than half of oilfield services companies and 40% of upstream companies expect shale oil and gas plays to provide the majority of their revenues in 2014, according to a global industry survey by UHY LLP Certified Public Accountants and PennWell Publishing’s Oil & Gas Financial Journal. This is an increase of about 15% from 2013 levels in the number of oilfield services and upstream companies for which shale is the source of a majority of revenues.
Other companies in the mids...
Oil and Gas
- Exploration - Apr 21, 2014
Pair of Trina Solar PV Projects Connected to UK Grid
PV power plants boast a total capacity of 23.77 MW.
The plants, which are located in Cornwall and Dorset, commenced construction in December 2013 and were completed on schedule in March 2014. The two projects were developed using Trina PC05A 255Wp modules and will receive 1.6 Renewables Obligation Certificates (ROCs), equivalent to GBP 42.02 per MWh.
According to Trina Solar -- an investor sole project developer for these projects -- the plants will have the effect of reducing mor...
Solar
- Apr 21, 2014
Yingli Green Energy Cooperates with a Local Module Manufacturer in France
Yingli Green, the largest vertically integrated photovoltaic ("PV") module manufacturer in the world, known as "Yingli Solar," today announced that the Company's subsidiaries in China and France agreed to cooperate with a leading French PV module manufacturer ("French Partner") to join forces to satisfy the requirements of the French national tender program ("French National Tender Program") under which the French Partner won large-volume tenders, a...
General News
- Apr 21, 2014
Pakistan Plans Huge Desert Solar Park to Fight Energy Crisis
For years Pakistanis have sweated and cursed through summer power cuts, but now the government plans to harness the sun's ferocious heat to help tackle the country's chronic energy crisis.
In a corner of the Cholistan desert in Punjab province, power transmission lines, water pipes and a pristine new road cross 10,000 acres (4,000 hectares) of parched, sandy land.
The provincial government has spent $5 million to put in place the infrastructure as it seeks to transform the des...
Solar
- Apr 20, 2014
