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Two Wind Farms in Mexico, to Be Funded by the North American Development Bank
The North American Development Bank (NADB) announces that it has begun disbursement of two loans totaling US$140 million for the construction of two wind farms, Ventika and Ventika II, with a total nominal capacity of 252 MW, sponsored by Cemex, S.A. de C.V. through its subsidiary TEG Energía, S.A. de C.V., and by Fisterra Energy, S.L.U. a private equity fund owned by the Blackstone Group. The energy produced will supply facilities belonging to FEMSA, DEACERO, Tecnológico de Mon...
Wind
- Apr 15, 2014
Energy Efficiency a Trump Card for German Tech Exports
An often-ignored aspect of Germany's green energy transition is the one that has most helped its export industry; energy efficiency, the new hallmark of the country's high-tech sector.
Chancellor Angela Merkel has said that if the "Energiewende" -- the ambitious switch from nuclear and carbon-based energy toward renewables -- goes as planned, "I am sure it will be another export hit".
So far Europe's biggest economy has not been widely emulated on its r...
Energy Efficiency
- Apr 15, 2014
Aker Solutions Announces Big Contract from Total in Angola
French oil group Total, which has just announced a huge offshore exploration investment in Angola, has awarded a major contract for part of the work to Norwegian firm Aker Solutions, Aker said on Tuesday.
The news pushed up Aker Solutions shares by 5.86 percent in early trading in Oslo.
The Norwegian group, which provides services to the oil industry, said the contract worth 1.7 billion euros was for underwater equipment for the ultra-deep water Kaombo project.
The field is about ...
General News
- Oil and Gas - Apr 15, 2014
Flue Gas Desulfurization Systems and Services Market worth $17.47 Bn by 2019
The global FGD system types have different characteristics as per their use and application requirement in various industries. The Asia-Pacific region is expected to dominate this market with its growing demand for FGD systems in different applications. The Asia-Pacific region is estimated to show a rising growth in the next five years. The regions North America and Europe have growth potential but at a slow rate as they are at a matured stage.
The flue gas treatment systems are used in w...
Oil and Gas
- Apr 16, 2014
California Energy Storage Installations to Use Ideal Power Products
Ideal Power, a developer of a disruptive power conversion technology, received initial purchase orders for 20 units of its 30kW battery converter from two Battery Energy Storage System (BESS) integration customers to be installed in commercial storage systems in California. The identities of the system integrators and project details are protected by customer non-disclosure agreements, but Ideal Power expects to make joint announcements on specific customer installations when they are operati...
Power Generation
- Power Generation, Smart Grids - Apr 14, 2014
GE Power Conversion Helps Propel US Navy with First All-Electric Warship
The USS Zumwalt (DDG 1000), 610 feet long and with a displacement of 15,656 long tons, is the largest stealth destroyer ever built for the U.S. Navy and is the first of its kind in recent history to use an electric propulsion system with induction based motors, rather than propelling the ship directly with gas turbines. The ship marks a new era for naval vessel design. GE’s Power Conversion business (NYSE: GE) has provided the integrated power systems to the U.S. Navy for its first &ldq...
Smart Grids
- Power Generation - Apr 14, 2014
First Wind to Sell Power from Planned Solar Project to Hawaiian Electric
First Wind , an independent renewable energy company that operates four wind projects in Hawai‘i, and Hawaiian Electric Company today announced that a request has been filed with the Hawai‘i Public Utilities Commission to provide energy to the O‘ahu grid from a planned 20-megawatt (MW) (AC) solar photovoltaic energy facility near Mililani, O‘ahu under a 20-year power purchase agreement.
“We are excited to expand our renewable energy efforts with the introduct...
Wind
- Apr 14, 2014
U.S. Geothermal Acquires Development Rights
U.S. Geothermal, a leading renewable energy company focused on the development, production and sale of electricity from geothermal energy, announced today that it has acquired geothermal property for evaluation of a new project at Vale, Oregon. The site is located 12 miles east of the Neal Hot Springs geothermal power plant.
The new leases encompass 368 acres of geothermal energy and surface rights acquired from private landowners, Malheur County, and the City of Vale. The property is wit...
Geothermal Energy
- Apr 14, 2014
