Company news - Page 1

RWE issues €2 billion green bond
Tuesday, May 24, 2022 by RWE has successfully issued a further green bond with a total volume of €2 billion. The bond was issued in two tranches of €1 billion each with maturities in 2026 and 2030. For the...

Gas Technology Institute re-named GTI Energy
Tuesday, May 03, 2022 by The Gas Technology Institute, located in Des Plaines, Illinois, has updated its name to GTI Energy to ‘reflect the breadth of its mission and capabilities across energy systems’....

Aggreko commits to greener fuels switch
Wednesday, April 06, 2022 by Power rentals major Aggreko has confirmed its commitment to reaching net zero emissions by beginning the transition from diesel to greener fuel sources in its fuel management...

Assessment of H2 plant readiness at Grain
Wednesday, March 30, 2022 by GE has announced that is has commenced its hydrogen plant readiness assessment of Grain power station in Kent, England, which is the newest combined-cycle gas turbine (CCGT) power...

Voith completes the acquisition of Voith Hydro
Tuesday, March 08, 2022 by On 1 March, following receipt of all the necessary official approvals, Voith successfully completed the acquisition of the remaining shares in Voith Hydro from its former joint...

Vestas and Ørsted named as world’s most sustainable companies
Tuesday, January 25, 2022 by Prominent Danish energy companies Vestas and Ørsted have been named as world leaders in sustainable energy in the annual accolades published by Corporate Knights.

VINCI completes the acquisition of ACS energy business
Wednesday, January 05, 2022 by VINCI’s acquisition of ACS’s energy business Cobra IS for a consideration of €4.9 billion was completed on 31 December following an agreement entered into on 1 April 2021.

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