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Causam Energy to Acquire Power Analytics Corporation
Causam Energy, headquartered in Raleigh, today announced a definitive agreement to acquire Power Analytics Corporation, a privately held software and professional services company with offices in San Diego and Raleigh. Power Analytics’ innovative software products solve complex power and energy problems, and in combination with Causam will accelerate the development of advanced communications and analytics solutions for the electric power grid. Financial terms were not disclosed.
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General News
- Power Generation, Smart Grids - Jul 29, 2014
Dismantling Germany's nuclear industry, piece by piece
Eyes fixed on a screen, joystick in hand, the operator of a remote-controlled saw painstakingly dismantles metal rods at one of Germany's mothballed nuclear reactors.
Time-consuming and costly, the operation to methodically carve up the core of EnBW's Obrigheim reactor in the country's southwest is now more than half way through.
In total, 275,000 tonnes of machinery, pipes and other equipment that enabled the power station to operate for 37 years must be stripped down. Of...
Nuclear
- Jul 30, 2014
White House Warns Climate Inaction Could Cost US Billions
Delaying efforts to reduce greenhouse gas emissions could cost the US $150 billion per year, the White House warned Tuesday in a report on the economic consequences of inaction on climate change.
"Although delaying action can reduce costs in the short run, on net, delaying action to limit the effects of climate change is costly," the report said.
"A delay that results in warming of 3 degrees C (5.4 degrees F) above preindustrial levels, instead of 2 degrees, could incre...
General News
- Jul 29, 2014
Skanska Awarded Contract for Phase 1 of the Power Stations Redevelopment
Skanska has been awarded a two-year contract by integrated support services company, Carillion, to deliver the mechanical and electrical shell, core and fit-out works for 866 prime residential apartments, as part of Phase 1 of the Battersea Power Station redevelopment in London, UK. The contract is worth about GBP 89 M, about SEK 970 M, which will be included in the order booking for Skanska UK in the third quarter 2014.
The apartments are located in two buildings just west of the Power Sta...
General News
- Jul 29, 2014
Argentina's Neuquen Basin Promises the Greatest Shale Development Potential
In Argentina, the fiscal regime is the most important factor driving pace of development.
Neuquén is an established basin with significant conventional oil and gas production and existing infrastructure, including roads, pipelines and rail. There is also an existing oil and gas workforce, but investors will need to develop skills in the unconventional services sector. Although Argentina is a challenging environment for foreign investment, its government has begun to offer attractiv...
Oil and Gas
- Pipelines - Jul 30, 2014
Canadian Solar Comments on the Preliminary Anti-Dumping Determination
Canadian Solar , one of the world's largest solar power companies, today released this statement on behalf of Thomas Koerner, General Manager of Canadian Solar Inc. Americas division, in response to the United States Department of Commerce's ("DOC") preliminary decision made last Friday to impose anti-dumping ("AD") tariffs of up to 44.18% on certain Taiwanese photovoltaic cell imports.
"We are deeply disappointed by the DOC's decision, especially in c...
Solar
- Jul 29, 2014
BP Warns More Sanctions on Russia Could Hit Business
Oil giant BP warned on Tuesday that more sanctions on Russia over the Ukraine crisis could "adversely impact" its activities, and posted a quarterly profit leap aided by its stake in Rosneft.
BP said that it had been unaffected so far by US sanctions imposed on Russia, reporting a two-thirds boost to second-quarter net profits from the equivalent figure last year.
The British energy major owns almost 20 percent of Rosneft following a 2012 deal in which it sold the Russian st...
General News
- Jul 29, 2014
Yingli Comments on Decision on Anti-Dumping Tariffs
Yingli Green the largest vertically integrated photovoltaic ("PV") module manufacturer in the world, known as "Yingli Solar," today commented on the preliminary anti-dumping duty ("AD") tariff decision by the U.S. Department of Commerce regarding the import of certain solar PV products assembled in China using components from a third country. According to the decision, Yingli Green Energy and its affiliates will be considered part of the Separate Rates Group and ...
Solar
- Solar - Jul 28, 2014
