Company news - Page 3
Stay up to date with the latest Company news updates from the global modern power systems industry
GenCell and E.V. Motors to facilitate off-grid EV charging
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
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
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
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
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
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
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
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
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
“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
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
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
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
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
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
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
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
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
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...
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