Company news - Page 1

Langley completes acquisition of Bergen from R-R
Tuesday, January 04, 2022 by Langley Holdings has completed the acquisition of the Norwegian Bergen Engines group from Rolls-Royce for a consideration of €91 million. €16 million of cash held within Bergen Engines...

Vestas recovering from cyber attack
Wednesday, November 24, 2021 by Integrated wind company Vestas has started restoring IT systems after a cyber security breach caused it to shut down internal operations on 19 November.

Rolls-Royce to deliver mtu engines to China
Tuesday, November 16, 2021 by The Rolls-Royce business unit Power Systems has signed contracts and agreements with Chinese partners and customers from the four industrial sectors power generation, construction...

GenCell and E.V. Motors to facilitate off-grid EV charging
Tuesday, November 16, 2021 by Israeli company GenCell Energy has signed an agreement with E.V. Motors to co-operate on the development of a joint project integrating GenCell’s alkaline fuel cells with E.V....

Siemens Energy transfers joint venture stake to Voith
Tuesday, October 26, 2021 by Siemens Energy and Voith have agreed that Voith will take over Siemens Energy's 35 % stake in the joint venture Voith Hydro. The parties have agreed not to disclose the purchase...

ENEOS to acquire Japan Renewable Energy for $1.8bn
Tuesday, October 19, 2021 by Japanese refiner ENEOS Holdings, through its subsidiary ENEOS, has agreed to acquire Japan Renewable Energy (JRE) for about JPY200bn ($1.8bn).

Green hydrogen production plan for Pakistan
Wednesday, October 13, 2021 by Oracle Power PLC, the international natural resources project developer, has signed a non-exclusive co-operation agreement with PowerChina International Group with the objective...

Masdar, ADNOC and bp to form strategic partnership
Tuesday, September 28, 2021 by ADNOC, bp and Masdar have signed three agreements with the potential to lead to billions of dollars of investment into clean and low carbon energy. The first agreement would see...

Aggreko illuminates the Ryder Cup
Tuesday, September 28, 2021 by Aggreko, the prominent supplier of mobile and modular power solutions, partnered with the 43rd Ryder Cup to provide all power needs for the prestigious international golf...

Hitachi ABB to boost efficiency of EETC Delta Zone network
Tuesday, September 21, 2021 by A consortium of Hitachi ABB Power Grids and Elsewedy Electric T&D, a subsidiary of Elsewedy Electric has been appointed by state-owned Egyptian Electricity Transmission Company...

Virtual power plant reaches 1000 MW in Poland
Tuesday, September 21, 2021 by The Polish subsidiary of virtual-power-plant operator Next Kraftwerke, based in Warsaw, has contracted more than 1000 MW of renewables generation capacity for the coming year.

EDF to sell West Burton B
Monday, September 13, 2021 by EDF has reached an agreement to sell its 1332 MW combined cycle gas turbine power station and 49 MW battery at West Burton B in Nottinghamshire to EIG

Siemens Energy suffers headwinds from SGRE
Friday, August 06, 2021 by “We are not satisfied with the performance of SGRE [Siemens Gamesa Renewable Energy] which suffered a significant setback in the turnaround of the onshore business”, said Christian...

Mitsubishi AI based hubs to include storage
Friday, August 06, 2021 by MHI subsidiary Mitsubishi Power is introducing a global network of Tomoni Hubs that use artificial intelligence to provide real-time, cyber-secure interactive support of plant...

Wood hires hydrogen expert to lead global H2 effort
Wednesday, July 14, 2021 by Wood, The Scottish engineering and consulting giant, has appointed Josh Carmichael as its vice president of hydrogen. The appointment is intended to give Wood a strong guiding hand...

Hitachi ABB Power Grids to become Hitachi Energy
Wednesday, July 07, 2021 by Hitachi ABB Power Grids today announced that it will be ‘evolving’ to become Hitachi Energy from October 2021. The decision to change name has board and shareholder consent and...

Plans for a zero carbon power plant
Tuesday, June 29, 2021 by HyNet North West and independent power producer InterGen have announced plans to collaborate to create a low carbon power station at InterGen’s Rocksavage power plant in Liverpool...

Aggreko trials hydrogen generator and fuel cell hybrid
Tuesday, June 29, 2021 by As part of its Net Zero programme mobile energy specialist Aggreko is accelerating its investments in hydrogen technology. At present, it is focusing on two different technologies...

ERCOT anticipates record electricity demand this summer
Tuesday, May 11, 2021 by The Electric Reliability Council of Texas (ERCOT) is expecting record-breaking electricity demand this summer owing to forecast hot and dry conditions and continued economic...