Contracts and deals - Page 1

Stay up to date with the latest Contracts and deals updates from the global modern power systems industry

Latest Contracts and deals Update

Hitachi ABB to lead Egypt-Saudi interconnector consortium
13 October, 2021
Hitachi ABB Power Grids has announced that it is to lead the consortium...
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£25 million backing for HydrogenOne
Wednesday, July 07, 2021 by INEOS Energy has agreed to purchase 25 million shares in the forthcoming IPO of HydrogenOne Capital Growth plc, representing 10% of the fund target of £250 million. HydrogenOne...

GE and IHI sign ammonia agreement
Tuesday, June 29, 2021 by GE, and Japan’s IHI Corporation, have announced the signing of a Memorandum of Understanding to cover the collaborative definition and development of a gas turbine business...

New submarine link to connect Europe and Asia
Tuesday, June 22, 2021 by Prysmian Group has been awarded a contract worth a total of around €140 million by the Turkish utility TEIAS for the design, supply, installation and commissioning of two...

MAN Energy takes over H-TEC Systems
Tuesday, June 22, 2021 by MAN Energy Solutions has acquired the majority of shares in the Augsburg-based electrolyser manufacturer H-TEC Systems. Its shareholding has been increased to almost 99 %. The...

Drax and MHI to create world’s largest negative emissions project
Tuesday, June 15, 2021 by Drax Group and Mitsubishi Heavy Industries Engineering, Ltd., part of the MHI Group, have agreed a long-term contract for Drax to use its carbon capture technology, the Advanced KM...

Ørsted and HOFOR agreement on hydrogen power
Tuesday, June 01, 2021 by On 31 May Ørsted and HOFOR (a Greater Copenhagen utility) entered into an agreement that will secure green power for part of the potential 1.3 GW Green Fuels for Denmark project...

Black & Veatch enlisted in Drax ‘net zero’ effort
Tuesday, May 04, 2021 by UK power provider Drax has awarded Black & Veatch a role on the company’s Technical Services Framework. Drax operates biomass and hydro renewable power generation assets. In addition...

Ørsted acquires Ireland and UK onshore wind power platform
Tuesday, April 20, 2021 by On 16 April Ørsted entered into an agreement with Brookfield Renewable, an owner and operator of renewable power assets, to acquire a 100 % equity interest in its existing Ireland and...

Sale of Bergen to TMH halted
Tuesday, April 13, 2021 by In an unusual use of the National Security act to prevent a transaction between private parties, the Norwegian government has announced that it has halted the sale of Bergen Engines...

GE and Sembcorp seal Sofia transmission deal
Tuesday, April 13, 2021 by The consortium of GE Renewable Energy’s Grid Solutions and Sembcorp Marine has been awarded the full contract to supply the HVDC transmission system converter substations for RWE’s 1.4...

80 MWh energy storage project for Georgia
Tuesday, April 13, 2021 by Wärtsilä has been awarded a contract to supply the ‘engineered equipment delivery’ (EEQ) of a 40 MW/80 MWh DC-coupled solar plus storage system to the Hickory Park Solar project...

GE wins its largest-ever onshore wind contract
Tuesday, April 06, 2021 by GE Renewable Energy has contracted to provide onshore wind turbines for the 1485MW North Central Wind Energy Facilities in Oklahoma, its largest single onshore order to date. Under...

National Grid shifts emphasis away from gas
Tuesday, March 23, 2021 by National Grid has announced plans to buy Western Power Distribution, which operates across the UK’s south west and midlands, from US energy giant PPL Corporation for £7.8bn. WPD is...

Sale of Hornsea 1 transmission assets
Tuesday, March 09, 2021 by Hornsea 1 Ltd, a joint venture owned by Ørsted (50 %) and Global Infrastructure Partners (GIP) (50 %), today announced that it has signed an agreement for the sale of its...

10 MW of generation fuelled by landfill gas to be delivered by Aggreko
Tuesday, March 09, 2021 by Aggreko has signed a seven-year contract with Brazilian energy company EVA Energia for a 10 MW renewable power solution using landfill gas. It will deliver a complete system,...

Rolls-Royce and Fermi Energia sign SMR MOU
Tuesday, March 02, 2021 by Rolls-Royce and Fermi Energia have signed a Memorandum of Understanding to study the potential for the deployment of small modular reactors in Estonia. The study will cover all aspects...

TDK Corp and GenCell to develop new green ammonia production process
Tuesday, February 23, 2021 by GenCell Energy, an Israel-based manufacturer of fuel cell energy solutions and the giant TDK Corporation, one of the leading manufacturers of lithium ion batteries, have signed...

Nexans to supply 1 million Windlink cable kits to Vestas
Tuesday, February 23, 2021 by Nexans has secured a two-year global supply contract with Vestas to provide around one million Windlink cable kits for turbines destined for onshore wind farms in Europe, the USA,...

GE and BLP Industry.AI to join forces in AI technology
Wednesday, February 03, 2021 by GE Power Conversion and BLP Industry.AI have signed a Memorandum of Understanding under which the parties agree to work together to provide next generation AI technology and...

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