Company news - Page 1

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...

Vattenfall may sell its Magnum power plant
Tuesday, May 11, 2021 by Vattenfall is considering selling its Magnum power plant at Eemshaven in The Netherlands. The company describes the potential sale as a ‘strategic choice’, allowing it to focus...

MHI strengthens footprint in EMEA region
Tuesday, April 06, 2021 by Effective 1 April, Mitsubishi Heavy Industries has changed the name of its London-based European subsidiary from Mitsubishi Heavy Industries Europe to Mitsubishi Heavy Industries...

DNV GL combines its oil & gas with its power & RE businesses
Wednesday, February 03, 2021 by To help support and accelerate the energy transition, and drive deep decarbonisation, DNV GL has decided to combine its oil and gas with its power & renewables businesses. As the...

Trials of network storm protection to be carried out
Tuesday, January 05, 2021 by SP Energy Networks has invested £386 000 to carry out extensive UK trials of Groundline’s new ‘THOR Hammer’ resilience technology.

Roll-Royce to sell its nuclear I&C business
Wednesday, December 09, 2020 by Rolls-Royce has signed an agreement to sell its civil nuclear instrumentation and control business to Framatome. The business includes all the Rolls-Royce activities and teams based...

GE HA order for Naepo CHP plant
Tuesday, November 24, 2020 by GE has secured an order to supply power generation equipment for Naepo Green Energy’s new district heating and power plant located in the centre of Naepo City, South Korea. GE will a...

Vattenfall offers to sell Berlin grid
Tuesday, October 27, 2020 by Vattenfall has offered to sell to the State of Berlin all its shares in Stromnetz Berlin GmbH, a partial successor of the municipal utility BEWAG, that has operated Berlin's power...

10th birthday present for Nova Innovation
Wednesday, October 21, 2020 by Nova Innovation is celebrating its 10th birthday with the successful expansion of the world’s first tidal array. The company has confirmed a step-change cost reduction in tidal energy...

Hitachi ABB to acquire Pioneer Solutions
Wednesday, September 30, 2020 by Hitachi ABB Power Grids has signed a definitive agreement to acquire Pioneer Solutions LLC, a provider headquartered in Denver, Colorado, USA of front-to-back-office...

bp enters offshore wind market
Wednesday, September 23, 2020 by Oil giant bp (formerly BP) and Equinor have announced the formation of a new strategic partnership to develop offshore wind projects in the USA. This includes the development of...

GE to exit new build coal power market
Wednesday, September 23, 2020 by GE announced on 21 September that it intends to exit the new build coal power market, subject to applicable consultation requirements. GE’s Steam Power business will work with...

Rolls-Royce launches Power Lab to drive future technologies
Tuesday, August 25, 2020 by Rolls-Royce with its Power Systems business has set up a new organisational unit, 'Power Lab', to focus on innovative and net zero carbon drive and energy solutions. Power Lab...

Electricity demand slump hits Orsted’s earnings
Wednesday, August 19, 2020 by Danish wind giant Orsted reported an 18% drop in second-quarter earnings on 12 August, largely owing to lower electricity demand across Europe following coronavirus lockdown measures.

MAN outlines restructuring programme
Wednesday, August 05, 2020 by To maintain its future viability, MAN Energy Solutions has decided on a restructuring plan involving staff reductions and the closing of its steam turbine division. The executive...

Hitachi ABB Power Grids commences operations
Friday, July 03, 2020 by In accordance with the agreement signed in December 2018, Hitachi Ltd and ABB Ltd have announced the completion of all required procedures, and the formation of
Hitachi ABB Power...